Working Capital Financing
Our financial services help you obtain working capital for your business to ensure its continued growth and success. We offer a variety of services to help you achieve this, and each is tailored to address your individual needs.
Primary Financing Services
We aspire to provide working capital to promising businesses. This is done in one of several ways, based on your financing needs and your business structure:
Factoring of Accounts Receivable
You sell us your outstanding invoices or receivables in exchange for working capital for your business.
Your business presents us with a borrowing base, which consists of your existing and ongoing accounts receivable and inventory, and receives funding upon presentation.
- For manufacturers, distributors and selected service companies
- Advances up to 90% of eligible accounts receivable. Line amounts available from $100,000 to $10,000,000.
- Agreements for one year with automatic renewals and no minimums
Purchase Order Financing
If we have an existing funding relationship with your company, we can fund your POs to prime the pump.
We understand the business demands in the transportation industry. Freight factoring enables you to stop worrying about your cash flow and focus on growing your business. See more about our Transportation Financing.
All charges are negotiated and based on a number of considerations including credit risk, collateral quality, guarantor quality, and the amount and term of the credit facility.