Line of Credit
A business line of credit allows you to borrow up to a certain limit and only pay interest on the money you borrow — similar to the way a credit card works. You then repay the funds and can continue to draw on the line.Unlike a traditional small-business loan — where you receive a lump sum of capital and repay it over a specific period of time, with interest — a business line of credit is a more flexible form of financing.
Merchant Cash Advance
A Merchant Cash Advance known as an MCA is the purchase of an agreed upon amount of the businesses future credit card or other receivables for a specified discount amount. The advanced monies are repaid by debiting on a daily basis from the business an agreed upon percentage of receipts.
Government Contract Financing
While government contracts can represent great opportunities for small business the reality is, they can tie up operating capital for months due to needed approvals or milestones. We can purchase government contracts and invoices and provide the necessary funding for your cashflow.
A Reverse Consolidation is a transaction where the business receives a Merchant Cash Advance that provides enough money into the business bank account daily or weekly to pay for the single or multiple merchant cash advances previously contracted.
Purchase Order Financing
Importers, distributors and resellers often need capital to bridge the gap between financing purchase orders to suppliers and waiting on invoices to customers. As your business grows the strain on cash flow increases. We can provide PO funding, Vendor Guarantees and A/R Management.
Invoice factoring is where a business sells its accounts receivable (invoices) at a discount to receive needed capital today.Our program is verifying the invoice value, provides capital against the invoice, your customer pays the money to a lockbox account controlled by us.
Obtaining construction funding is always a challenge due to the constantly changing industry. We can provide the working capital for building materials, marketing and advertising, hiring contractors and more. All with flexible payment terms.
The 7(a) Loan Program, SBA’s most common loan program, includes financial help for small businesses with special requirements. This is the best option when real estate is part of a business purchase, but it can also be used for: Short- and long-term working capital Refinance current business debt Purchase furniture, fixtures, and supplies The maximum loan amount for a 7(a) loan is $5 million.