Accounts Receivable Financing

Accounts Receivable Financing:

This facility finances all “final billing” receivables through a revolving line of credit. We fund from $50,000 to $5,000,000.

1. Industries: All industries
2. Credit Line Size: $50,000 to $5,000,000. (Larger credit limits required will be evaluated on a 1-on-1 basis)
3. Receivables:
   1. Federal, State, and Municipal Government receivables
   2. Commercial Receivables
4. Requirements: Company to have over 2 years in business, minimum sales of $1,000,000; accrual basis financial statements, no personal guarantees required in 95% of the cases, FICO scores of guarantors not considered for the credit decision, two years accrual basis projected financial statements required for final approval and due diligence. Company to have positive equity and be profitable; however if there are losses and other issues a written explanation is required.
5. Funding Region: Nationwide

This credit facility is offered as stand alone or in conjunction with any Contract Receivables Financing facility to cover all final billing invoicing for products or services offered by any of our clients. There might be specific debtors in this area that may require credit insurance.