We refer to our line of credit on your receivables as a ledgered line of credit, which offers many of the benefits of a traditional bank line but without the limitations.

A ledgered line of credit offers the advantages of a traditional bank line, except for the restrictions that can hinder a company's growth if 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.

This option is perfect for companies who are contemplating a traditional line, already have an asset-based lending or bank line, and wish to escape the stringent requirements while still enjoying the benefits of a line of credit and competitive pricing. With the company's accounts receivable, the line is flexible and secure. And unlike a traditional line of credit, there are no audits required or restrictive covenants concerning ratios, concentration, etc.