RECEIVABLE FINANCING

There are several ways we can help you to finance your slower paying receivables.

The very credit worthy applicant can secure a Line of Credit from a banking institution. These products are usually priced with a variable rate indexed to the Prime Lending Rate. They are usually reviewed on a yearly basis, and often require certain profitability, equity, and balance sheet ratios. Usually a blanket lien is placed against all your business assets, or your inventory and receivables. Sometimes, a line can be arranged up to $75,000 without any liens. (usually this is available in the New York Regional area)

There is the traditional way of financing all your receivables, called Factoring, where you send all your invoices monthly, for a minimum period of 6 months – 1 year, and receive a 70% - 75% advance, usually in about 48 yours from presenting your invoices. A lien is placed against all your receivables.

We also have the ability to finance 1 or 2 of your invoices, up to 50% of all your invoices initially, called Spot Factoring. If not all your receivables are being paid late, you need not finance them. Save money and finance only the underperforming ones. You will receive a 90% advance, usually within 48 hours from presenting your invoice(s). A lien is placed only on the receivable being financed. Great for seasonable businesses, one time situations, and slow periods. Approximately 1 week to be set up.

WORKING CAPITAL LOANS

$15,000 - $150,000

Term of 3 – 4 years under $25,000 & to 5 years for amounts $25,000 and above.

4 years time in business to $25,000, 6 years to $35,000, 8 years to $50,000, and 10 years to $150,000

Tax returns and personal financial statements required on most loans.

Collateral is a lien against all business assets and personal guarantees of the owners. Existing liens or lines of credit do not have to be paid off or subordinate.

VENTURE CAPITAL & INITIAL PUBLIC OFFERINGS

$2,000,000.00 +
All phases of equity financing from seed money for start-ups, to expansion money for small businesses that have the ability to grow rapidly with an equity infusion.
Most industries are a consideration. Geographical area can be outside of the US.

An Executive Summary or brief descriptive information about your project is the best way for us to review your request. Complete business plans are accepted as well.