Line of credit

Line of credit | Ledgered line of credit | Receivables financing

1 (800) 317-4933

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.

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

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



more info