Business Line of Credit

Business Line of Credit | Asset Based Loans

For operating companies that are highly leveraged or marginally profitable but possess strong A/R and inventory.

Loan Sizes:

$100,000 to $20,000,000

Rates:

From Prime + 1%

Collateral:

• Accounts Receivable
• Inventory
• Machinery & Equipment
Loan Purpose:

Working Capital, Debt Restructuring, Leveraged Acquisitions, Turn Arounds, Chapter 11 Financing, Season Shortfalls, Expansions

Customer Base:

• Manufacturers
• Distributors
• Service
• Medical
• Consumer A/R not available

Underwriting:

• 85% advance on A/R
• Up to 50% advance on Inventory
• Majority of advance must be on A/R
• High debt to worth ratios are acceptable

Specialty:

Highly leveraged companies, tight cash flow, personal credit problems, tax liens, declining sales trends, rapid sales growth. We also provide mortgage financing in conjunction with lines of credit.

The winning connection for small businesses and real estate investors.