Revenue Based Financing (aka “Merchant Cash Advance”) is a flexible and unique program which gives small businesses access to working capital based on their cash flows. This product is not a loan but is the purchase of future receivables. In this case, financing is based on the amount of cash flow generated through the businesses bank operating accounts and repayment is made by automated electronic (ACH) debits on a specified percentage. This program enables businesses to leverage future cash flow to obtain the working capital you may need to grow.
Amount: $10,000 - $5,000,000
Term: 4 – 36 months
Repayment Options: Daily or Weekly ACH Debits
A true small business Line of Credit which allows you to draw on your revolving credit line enabling you to fulfill your working capital needs. You pay back only what you draw with fixed monthly or weekly payments. As you pay off your balance, your available credit is automatically replenished. This program supports and encourages growth by often increasing your available credit line over time and successful repayment history.
Amount: $10,000 - $250,000
Term: 6 months
Repayment Options: Weekly, Monthly
Interest Rate: As low as 6%
Term Loan Program is designed for small businesses to utilize 100% of their funds upfront to invest in specific projects for growth purposes. This program is perfect for a project which enables you to budget accordingly on a fixed weekly budget with the benefit of a fixed repayment term. Term Loans can typically be refinanced halfway through their term with the benefit of either lowering the effective interest rate and/or obtaining additional capital.
Amount: Up To $250,000
Term: 12 months
Repayment Options: Weekly
Interest Rate: 18-24%
SBA Loans are small business loans issued by our network of commercial banks to small businesses and guaranteed by the U.S. Government. The SBA does not lend money directly to small business owners. Instead, it sets guidelines for loans made by its partnering lenders. The SBA reduces risk for lenders and makes it easier for them to access capital, thus making it easier for small businesses to obtain loans. Typically, these loans are used for business purposes, including long-term fixed assets (such as furniture, fixtures, equipment and real estate) and working capital.
Amount: $25,000 - $5,000,000
Term: Up To 25 Years
Repayment Options: Monthly
Interest Rate: Prime Rate + 2.75-3.75%
Trade & Import Finance Program allows businesses to obtain goods from a supplier with very little cash up front. When a supplier abroad is going to export goods to a business partner elsewhere, they are going to want to be assured that they are going to receive their payment in a timely fashion. Instead of the business owner paying right away, the institution handling their import financing will instead produce a Letter of Credit (LC) that will be presented to the supplier. This LC serves as a guarantee of payment if the conditions of the initial agreement are met. Upon receipt of goods, payment is made to them. This arrangement can be used for a one-time purchase of supplies abroad or can be used on a continuing basis if there is going to be a lasting business relationship between the importer and the exporter.
Amount: Up To $25,000,000
Cost: TBD
Single Invoice or Spot Factoring is an ideal solution for small businesses simply in need of immediate cash infusion and not being bound to a multi-year contract or any long-term commitments to the lender. The Program is designed to provide the business with the flexibility of selling a specific Invoice(s), only when working capital is needed, and is especially beneficial in financing the construction industry.
Amount: Up To $5,000,000
Term: Immediate Purchase
Repayment: None & Non-Recourse
Discount Rate: 2-8%
Purchase Order (PO) Financing is a type of commercial financing that allows a business to receive funding for a pre-ordered project using the PO from the client as collateral. Many times, small or growing businesses will not have the funds on hand that they need in order to fulfill the PO, nor can they obtain credit from a traditional financial institution based on their credit alone. The Program enables you to expand production while not depleting cash reserves and maintaining your reputation as a capable business worth working with.
Amount: Up To $10,000,000
Cost: TBD Upon Creditworthiness
Equipment Loans or Leasing Program is designed to purchase or refinance business equipment. Businesses will often have the need to purchase, replace, repair, or upgrade various kinds of equipment to process, manufacture, or produce their product. Equipment can include such things as medical and dental machinery; phone and computer systems; trucks and trailers, specialized construction machinery, industrial equipment, and more. All this equipment is essential for your business to run at maximum efficiency and maximum productivity.
Amount: $100,000 - $2,000,000
Term: 1-10 years
Repayment Options: Monthly
Interest Rate: As low as 9.9%
Revenue Based Financing (aka “Merchant Cash Advance”) is a flexible and unique program which gives small businesses access to working capital based on their cash flows. This product is not a loan but is the purchase of future receivables. In this case, financing is based on the amount of cash flow generated through the businesses bank operating accounts and repayment is made by automated electronic (ACH) debits on a specified percentage. This program enables businesses to leverage future cash flow to obtain the working capital you may need to grow.
Amount: $10,000 - $5,000,000
Term: 4 – 36 months
Repayment Options: Daily or Weekly ACH Debits
A true small business Line of Credit which allows you to draw on your revolving credit line enabling you to fulfill your working capital needs. You pay back only what you draw with fixed monthly or weekly payments. As you pay off your balance, your available credit is automatically replenished. This program supports and encourages growth by often increasing your available credit line over time and successful repayment history.
Amount: $10,000 - $250,000Term: 6 months
Repayment Options: Weekly, Monthly
Interest Rate: As low as 6%
Term Loan Program is designed for small businesses to utilize 100% of their funds upfront to invest in specific projects for growth purposes. This program is perfect for a project which enables you to budget accordingly on a fixed weekly budget with the benefit of a fixed repayment term. Term Loans can typically be refinanced halfway through their term with the benefit of either lowering the effective interest rate and/or obtaining additional capital.
Amount: Up To $250,000Term: 12 months
Repayment Options: Weekly
Interest Rate: 18-24%
SBA Loans are small business loans issued by our network of commercial banks to small businesses and guaranteed by the U.S. Government. The SBA does not lend money directly to small business owners. Instead, it sets guidelines for loans made by its partnering lenders. The SBA reduces risk for lenders and makes it easier for them to access capital, thus making it easier for small businesses to obtain loans. Typically, these loans are used for business purposes, including long-term fixed assets (such as furniture, fixtures, equipment and real estate) and working capital.
Amount: $25,000 - $5,000,000
Term: Up To 25 Years
Repayment Options: Monthly
Interest Rate: Prime Rate + 2.75-3.75%
Trade & Import Finance Program allows businesses to obtain goods from a supplier with very little cash up front. When a supplier abroad is going to export goods to a business partner elsewhere, they are going to want to be assured that they are going to receive their payment in a timely fashion. Instead of the business owner paying right away, the institution handling their import financing will instead produce a Letter of Credit (LC) that will be presented to the supplier. Upon receipt of goods, payment is made to them. This arrangement can be used for a one-time purchase of supplies abroad or can be used on a continuing basis if there is going to be a lasting business relationship between the importer and the exporter.
Amount: Up To $25,000,000
Cost: TBD
Single Invoice or Spot Factoring is an ideal solution for small businesses simply in need of immediate cash infusion and not being bound to a multi-year contract or any long-term commitments to the lender. The Program is designed to provide the business with the flexibility of selling a specific Invoice(s), only when working capital is needed, and is especially beneficial in financing the construction industry.
Amount: Up To $5,000,000
Term: Immediate Purchase
Repayment: None & Non-Recourse
Discount Rate: 2-8%
Purchase Order (PO) Financing is a type of commercial financing that allows a business to receive funding for a pre-ordered project using the PO from the client as collateral. Many times, small or growing businesses will not have the funds on hand that they need in order to fulfill the PO, nor can they obtain credit from a traditional financial institution based on their credit alone. The Program enables you to expand production while not depleting cash reserves and maintaining your reputation as a capable business worth working with.
Amount: Up To $10,000,000
Cost: TBD Upon Creditworthiness
Equipment Loans or Leasing Program is designed to purchase or refinance business equipment. Businesses will often have the need to purchase, replace, repair, or upgrade various kinds of equipment to process, manufacture, or produce their product. Equipment can include such things as medical and dental machinery; phone and computer systems; trucks and trailers, specialized construction machinery, industrial equipment, and more. All this equipment is essential for your business to run at maximum efficiency and maximum productivity.
Amount: $100,000 - $2,000,000
Term: 1-10 years
Repayment Options: Monthly
Interest Rate: As low as 9.9%
.png)
