Line of Credit

Line of credit | Ledgered line of credit | Receivables financing

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If your company is transitioning from factoring to a line of credit or if you're not yet prepared for factoring, we can offer a traditional line of credit secured by your company's assets.

Manage Cash Flow Effectively

An ABL facility offers flexibility and can effectively manage cash flow while supporting your business's growth. Our team is prepared to help you identify the most suitable financing solution customized to your specific needs.

Basic Criteria

  • Minimun loan: $1,000,000
  • Minimum annual sales: $5,000,000
  • Must have eligibale accounts receivables
  • Meet specific criteria for an ABL facility
  • We can fund most industries
  • Other conditions apply

Collateral | All Company Assets, Including:

  • Accounts receivables
  • Equipment
  • Inventory
  • Commercial real estate, if applicable

Use of Funds

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

LEDGERED LINE OF CREDIT

We also offer a ledgered line of credit based on your receivables.  A ledgered line of credit offers the advantages of a traditional bank line except for the choking 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.

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 the funding process
  • Plus other benefits

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


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