LENDER-SL24I10805EB000220
$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
– Fundings are against accounts Receivable, usually up to 85-90% of the value of the receivables
– Loan sizes range from $3-25M
– Term can range from 1-3 years
– Rates are low to mid teens
– Industry agnostic but like staffing, service businesses and manufacturing/distribution ABL Loans
Term Loans:
– Can provide term loans with collateral being Machinery and Equipment (M&E)
– Repayment: Usually structured with fixed monthly payments over a specified term.
– Interest Rates: Varies based on factors such as creditworthiness and market conditions.