LENDER-AC24I10805EB00011
$495.00
Purchase for full contact information of one or more deal team members. All purchases are final and non-refundable.
Description
– Primarily asset based loans and factoring
– Usually structure their loans as ledgered lines of credit, which is a hybrid between factoring and asset based lending
– Fundings are against accounts Receivable, usually up to 85-90% of the value of the receivables
– Loan sizes range from $1-20M
– Industry agnostic but like staffing, service businesses and manufacturing/distribution
– Prefer companies with profits but will consider if there is a story/path towards profitability
– Lender’s underwriting more focused on the credit of the end customer, not the borrower