LEDGERED LINE OF CREDIT

We offer a line of credit called a "ledgered line of credit" which is secured with your accounts receivables.  It is similar to a traditional credit line including pricing structure, but unlike a bank line of credit it does not have the stringent requirements which are common in a traditional line.

 A ledgered lien of credit is ideal for companies that presently have an asset based credit line with their bank and would like to get away from the strict requirements but maintain competitive pricing, or companies that are considering a business lien of credit but hesitant because of the requirements that can sometimes restrict the business.

Some of the benefits of the ledgered line compared with a traditional line are significant, for example, there are no audit requirements or restrictive covenants with respect to ratios, concentration, etc.

The process is simple, the company submit invoices, it creates a pool or borrowing base, then draw up to 95% depending on the advance rate. The client can draw funds, daily, weekly, bi-weekly, or monthly. Funding is based on the value of your receivables, providing constant capital based on sales.

TERM LOANS

We offer a whole range of term loans secured with equipment, inventory or commercial real estate.

We can structure a combination such as:

• A Term loan secured with your equipment or inventory, or;

• A term loan supplemented with a receivables line of credit, or;

• A Commercial real estate loan in concert with a line of credit)

• Working capital term loans to improve efficiency

Business term loans and/or a line of credit for:

• Acquisitions

• Debt Restructuring

• Expansion

• Payroll and other expenses

• Refinancing

• Working Capital