LENDER-BB24I10805EB000269
$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
-Accounts Receivable Financing
– Purchase Order Financing
– Inventory Financing
– Asset-Based Loans (ABL)
– Factoring (Recourse/Non-Recourse)
– Bridge Loans
Key Features include:
– Credit lines: $250K-$10M
– Advance rates: Up to 90% on AR
– Fast approvals (24-48 hours)
– No minimum FICO requirements
– No personal guarantees (case-by-case)
– Fundings are against accounts Receivable, usually up to 85-90% of the value of the receivables
– Loan sizes range from $500k-6M
– Term can range from 1-3 years
– Rates are low to mid teens
– Industry agnostic with focus on Staffing, Manufacturing, Distribution, Transportation, Wholesale, Service Businesses