Home | Mysite 1

Business Financing

We provide business financing for small and medium-sized businesses.

Commercial Business Loans

Sale- Lease Back Financing
Asset-Based Financing
Commercial Property
Accounts Receivable Financing
Merchant Financing
Business Loans
Equipment Lease Financing
Purchase Order Financing
Lines of Credit
Factoring
SBA Loans
Working Capital

Factoring

Many businesses have cash flow problems and find it difficult to wait for 30, 60, or 90 days or longer for their customers to pay them for goods sold and delivered or services rendered. Many, if not most, small and medium-sized businesses (up to $10mln annual sales) have trouble securing, or cannot get at all, traditional bank financing.

Factoring provides additional working capital. The company is selling its receivables, which is an asset, and not borrowing against them, so they are not creating debt. Factoring is a type of revolving credit, in that short-term funds, are usually paid within 90 days. We can arrange working capital that you need to continue fast, so you can make payroll, pay your utilities, and purchase more supplies.

Factoring, also known as cash for receivables, is the conversion of business accounts receivables into immediate cash by the outright purchase of invoices at a discount by a factor.

Equipment Lease Financing

Virtually, every business can benefit from leasing. Also, it is possible to lease any type of equipment today, new or used. More companies choose equipment lease instead of purchasing it. In most cases, our client will lease up to $75,000 in equipment only by filling out a one-page credit application. These deals usually take as little as three working days.

Leasing is really nothing more than an alternate form of equipment financing. In leasing deal, the lessor (owner) purchases the equipment from a vendor on behalf of the lessee (user). The lessee maintains possession and usage of the equipment. He provides insurance for the equipment against theft or damage. And the lessee pays a monthly user fee to the lessor.

At the end of the lease, the lessee can purchase the equipment (usually for $1.00) or give it back to the lessor and begin a new lease, or simply walk away.