Listed below are some of the Finance Programs we helped our clients secure that have ensured their continued success.
If you have questions regarding any of the below Programs or Application Forms, please call or e-mail us by clicking on our Inquiries link.
Asset Based Financing:This is credit financing that will allow the advance of funds secured by your balance sheet assets, such as: accounts receivable, equipment, inventory or other collateral other than real estate. It is an excellent program to support your credit needs when you cannot obtain financing from your local bank, or on an unsecured basis. Closing is generally within one to two weeks.
Business / Commercial Loans: Unsecured and based on historical cash flow. An excellent program to enhance your working capital needs without having to pledge collateral. Many times this program will be structured as a revolving line of credit, even to startup companies.
Construction / Acuisition / Refinance Loans:There are extremely high Loan to Value, low rate, 40 year non-recourse financing available (with the automatic conversion to permanent financing) for the build-out or refinance of apartment complexes, assisted living facilities, senior housing, nursing homes, multi-purpose properties etc. The underwriting guidelines are much less stringent than that of your local banks.
Factoring of Accounts Receivable (All Industries):Usually structured as a line of credit, it is the purchase of your existing accounts receivable invoices at a discount. The advantage to this type of financing is that it will provide an expedient manner for you to convert your receivables into cash.
Example: Our sources provided a one million dollar factoring line for a national contracting company client of ours. They had large accounts receivable but very poor cash flow and could not consummate new contracts. With the new line they were able to grow from a one million to fifteen million dollar company within one year with a net income of six millions dollars.Obtain Application Form
Franchise / Dealership Financing:Whether you already own or would like to acquire any type of existing franchise entity or dealership, there are programs designed to provide you with high leverage, secured and unsecured financing.
Example: We helped our client secure 6.2 million dollars of financing towards the purchase of an existing Harley-Davidson dealership while having only 2.6 million dollars in real estate collateral. The balance of the 6.2 million dollars above the 2.6 million dollar real estate collateral was completely unsecured. The entire transaction took less than two months and the interest rate was less than 1% above prime.
Hard Money Loans (Any type of collateral) These programs facilitate expedient closings (less than one week), and will leverage any type of collateral available such as: Real Estate, Raw Land, Gems, Coin Collections, Stamp Collections, Vessels, Airplanes etc. Bankruptcy status is not a factor due to the fact that the primary focus is financing purely the collateral pledged.
Leasing / Sale Lease-back (Any type of equipment): Leasing is one of our client's most desirable programs due to the fact that most of their leasing transactions can be completed by application only and credit is not usually an issue. Approvals usually take a few hours and closing less than one week. You could also obtain funding for working capital needs by leveraging your existing equipment. This structure is known as a Sale-lease back program.
Example: We have helped a floral import company avoid bankruptcy by providing them with $750,000 Sale-lease back financing by leveraging their existing portable floral coolers that were sitting in storage for the previous four years. Obtain Application Form
Medical Financing:There are many aggressive medical financing programs available, such as: start-up, acquisition, expansion, equipment, accounts receivable, and patient financing, many of which can be completed by application only. Credit is not usually an issue.
Example: Our Lasik Surgeon client started a new practice in a new geographic area. We helped him obtain unsecured start-up capital in the amount of $850,000 to cover 90% of the initial start-up costs. The practice quickly out grew that facility and expanded into three centers within the next two years with the aid of a second round of unsecured financing in the amount of $1.4million.
Purchase Order Financing: This is the type of financing can be provided if you have either obtained or could obtain purchase orders from your clients but do not have the resources to consummate them. This program will generally advance up to 65% of the Gross Purchase Order either in the form of cash, direct payment of your costs (including labor) or in some cases provide required letters of credit to your suppliers.Obtain Application Form