LENDER-CI10805EB00075
$495.00
Purchase for full contact information of one or more deal team members. All purchases are final and non-refundable.
Description
– Loans made against inventory
– specializes in providing stand-alone lines of credit backed by inventory for clients in the retail, e-commerce, and wholesale space
– Funding transactions starting at $500,000
– Advance rates of up to 85% of NOLV, and have no restrictions on A/R to inventory advance ratios
– Aim is to provide maximum liquidity to companies who are unable to obtain traditional bank financing
– Can work with outside factoring companies
– Okay with losses
– Interest rates range from 16-18%