|

WORKING CAPITAL
Prime Business Loan:
We put money into your company bank account and you
can use the funds for whatever you like.
This is a term loan structure, principle and interest
amortized usually over 3, 4 or 5 years. There is no
equipment taken as collateral, just a simple one page
credit application.
Unsecured Working Capital Line:
You have up to a certain amount to draw off on at any
time.
For example, say you qualify for a $50k working capital
line; your company can draw off of the $50k in any increments
you like at any time. You can pay the full thing off
or make minimum payments (interest only) for however
long you like until you catch up.
This works very much like a credit card, however the
rates are usually much better and the credit line is
tied to your business.
Sale Leaseback:
Our most popular and sensible program.
If you own title vehicles or equipment free and clear
with no liens or encumbrances, we will take the title
of those vehicles or equipment and put the working capital
back into your company.
Accounts Receivable Working Capital:
Factoring against your accounts receivable can provide
instant cash for your company.
Simply provide us with a copy of any unpaid invoices
and we will loan up to 95% of the value of that invoice.
|