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We specialize in A/R factoring, ABL, Inventory, Import-Export letters of credit, hard money real estate and equipment finance, and construction subcontractors |
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Business Finance Solutions |
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Accounts receivable (AR) is the most liquid short-term asset most small businesses have that can be turned into cash quickly and relieve the pressure of a growing A/R balance. Our network of accounts receivable lenders includes commercial banks which will make A/R loans to businesses with at least two years of profitability. Our network partners can handle monthly borrowing needs from $100,000 to $5 million. Download fact sheet Our factoring network is very large and includes private lenders and non-recourse factors who buy accounts receivable. Many options for structuring the relationship are available to our clients depending on unique circumstances including validity guarantee, non-notification, customer handled billing / collecting, progress billings, start-ups, companies with delinquent IRS taxes, and companies without strong financial statements. Our factoring partners can handle monthly borrowing needs from $20,000 to $6 million. Download fact sheet SBA 8 (a) Service and Supply Contractors We have financed 100+ SBA 8 (a) and other governmental contractors since 1994. We understand the unique aspects of running a business whose customer is the U.S. government. Most others in the finance industry don’t want to finance governmental supply and service suppliers because of all the detail work that goes into the process. We understand the details and have developed a significant following of 8 (a) certified businesses that need working capital from time to time. If your business is bidding on 8 (a) set aside or competitive bid contracts and you need working capital to support your proposal or award, we know how to get you capital, quickly. Download fact sheet Our ABL lender partners finance both accounts receivables and inventory using the same credit facility. Typically reserved for strong businesses with annual sales of $12 million to $100 million, ABL offers a much lower cost, high advance rates and liberal terms. Our partners typically are requiring a minimum monthly borrowing volume of $750,000. Download fact sheet Our smaller clients often combine factoring and inventory financing when inventory is large. A typical example would be a wholesale distributor that imports its inventory from overseas. The burden of a long cycle between manufacture overseas and delivery in the US can often be overcome by using inventory financing and factoring. Many types of inventory can be financed. Download fact sheet When appropriate, PO financing can fill a gap for a company with seasonal or one time large orders when trade vendors require up front payment for goods. Download fact sheet International irrevocable letters of credit can be used for businesses that are buying or selling overseas. Our network includes a number of import/export financing sources. Our clients who have relied on us to present them with letter of credit options have been pleased that we have often been able to present them with two or more proposals. Download fact sheet Construction contractors often find it very difficult to obtain working capital for their projects. Additionally, very few sources are available to the subcontractor. Our network includes the nationwide leaders in the business of financing progress billing based subcontractors. Download fact sheet Real Estate Refinance ( cash out) When a company is in the process of turn-around, often it is faced with a balance sheet showing negative retained earnings. Not only does the business need working capital to grow, but often needs to replenish its cash position. Refinancing real estate is usually preferable to raising additional equity. Our network real estate lenders are highly flexible with companies in this situation. Loans from $250,000 to $5 million are available through our lenders. This type of capital is sometimes called, "hard money." Download fact sheet Equipment Refinance (cash out) Similar to real estate refinance, a company with substantial equipment is able to refinance the equipment and obtain cash out of the transaction. This is particularly valuable for companies that use equipment having a long life. Examples include printing companies, machine shops, and manufacturing operations. Download fact sheet The SBA has two loan programs that are available to qualifying businesses. Though the qualifying requirements are sometimes rigorous, we have a very high rate of success placing SBA loans. For
more information call or email:
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Copyright 2004 - 2008 Business Finance Solutions Austin, Texas.
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Last updated 03/12/2009 www.lesliethacker.com | ||
