If your company is shifting from factoring to a
line of credit, or if you are not ready for factoring just yet, we
can offer a traditional lien of credit if your business has been
operating for at least 2 years and meets the required financing
requirements and secured with your company's assets including
receivables equipment inventory and/or commercial real estate.
We also offer a ledgered line of credit based on your
receivables and has many of the advantages of a
traditional line of credit but without the restrictions of a
traditional line.
Our line of credit options are available to a wide range of industries for:
- Refinancing
- Debt Restructuring
- Working Capital
- Acquisitions
- Expansion / Growth
- Reorganization
- Meeting Expenses
- Leveraged Buyouts
LEDGERED LINE OF CREDIT
A ledgered line of credit offer 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.
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.