Business Line of Credit | Asset Based Loans
For operating companies that are highly leveraged or marginally profitable but possess strong A/R and inventory.
$100,000 to $20,000,000
From Prime + 1%
• Accounts Receivable
• Machinery & Equipment
Working Capital, Debt Restructuring, Leveraged Acquisitions, Turn Arounds, Chapter 11 Financing, Season Shortfalls, Expansions
• Consumer A/R not available
• 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
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.