Business loans or Commercial Financing includes:
- Asset based loans, invoice factoring, purchase order advances.
- Credit card receipt advances, working capital credit lines.
- Expansion, franchise, inventory, import/export financing.
|Capital Type||Capital Type Definition|
|Account Receivable Factoring||Account receivable factoring serves as collateral for short term working capital loans that you can obtain fast and cost effectively.|
|Asset Based Loan||Seeking to convert a company assets into working capital. Giving a security in an asset(s) in exchange for cash.|
|Bankruptcy Reorganization Financing||Financing to reorganize in company in a turnaround. Typically secured by assets; equipment, inventory, A/R, PO’s, etc.|
|Credit Card Receipt Advances||Up to a $100,000 advance against regular occurring monthly merchant credit receipts.|
|Expansion Financing||Growth has outpaced existing business. Loan for existing demand. Key here is existing demand, not projected.|
|Franchise Financing||Specialized financing reserved for the franchisees of recognized, typically nationally known, franchises.|
|Import and Export||Loans to promote the shipping or receiving of products or materials. Based on existing market, demand or orders.|
|Inventory Loan||A loan typically made as part of a relationship where the lender will also provide retail financing for the product.|
|Purchase Order Financing||Loans on the written order to purchase goods at a stipulated price with an agreed to delivery date. Credit rating of orderer is key.|
|Secured Credit Line||A pre-arranged amount of credit based upon existing inventory, A/R and PO’s.|