Line of Credit or Loan?
For most businesses we work with, one of two lending approaches
will meet their needs:
Working capital line. This program is a
revolving line of credit with advances tied to your company's
assets, most often your accounts receivable and inventory.
For working capital lines, you submit a report of your accounts
receivable and inventory (if applicable). We make advances
to you based on that report. You repay the advances by means
of collections from your customers. You would draw against
your line as needed.
Installment or term loan. We look to the
appraised value of the assets (usually longer-lived assets
such as machinery, equipment or real estate) and structure
our loans with flexible amortizations to allow for some breathing
room from a cash flow standpoint.
Other options. Of course, maybe your situation
isn't so straightforward or doesn't fit either category above.
We can structure advances differently, because we know that
each company and each lending arrangement is unique.
Known to Banks...Recommended by Bankers.
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