Receivables line of credit

Ledgered line of credit | Receivables financing

1 (800) 317-4933

Our line of credit on your receivables is called a ledgered line of credit which has many of the advantages of a traditional bank line but without the restrictions.

A ledgered line of credit offer the advantages of a traditional bank line except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of the latest financials or an audit. A ledgered line of credit has no such restrictions.

Ideal for companies that are considering a traditional line or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a line of credit and competitive pricing. The line is flexible and secured with the company's accounts receivables. And unlike a traditional line of credit, there are no audits required or restrictive covenants with respect to ratios, concentration, etc.

HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT

  • No audit requirements
  • No restrictive financial requirements
  • No restrictive covenants
  • No financial ratio requirements
  • No concentration restrictions
  • No long application to funding process
  • Plus other benefits

USE THE LINE FOR ANY BUSINESS EXPENSE INCLUDING

  • Payroll
  • Refinancing
  • Debt Restructuring
  • Working Capital
  • Acquisitions
  • Expansion / Growth
  • Reorganization
  • Meeting Expenses
  • Leveraged Buyouts

For more information, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.



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