Alternative Loans Overview
Merchant Financing (AR)
What is Accounts Receivable financing? Accounts receivable financing (A/R financing), which is also known as factoring, is the conversion of a company's business (or gov't) accounts receivable (invoices) into immediate cash by selling those invoices at a discount. A/R financing is not a loan. There is no interest or any principal to repay. This type of financing evens out cash flow -- eliminating cash crunches -- allowing you to take on new and larger customer orders, purchase more supplies/inventory/ equipment, and, in essence, help your business grow. It turns a "dead" asset (your invoices) into a "live" asset (immediate cash) that you can use now.Elgibility:
Minimum Vantage score is 627.
Average daily balance $3,000
3 Day Approval
*Funding Amounts: $5,000-$5,000,000 Learn more about AR Financing
Can't qualify for a conventional loan to start a business? Leverage your retirement funds. This type of financing is not credit based and you are not be penalized for using the funds as a down payment on a loan, or in combination with other forms of financing to increase buying power. *(Funds must be re-payed within 12 months)Loan proceeds may be used to enhance a company's export development, participate in foreign trade shows, support standby letters of credit and translate product literature for use in foreign markets, to finance specific export orders, expand production facilities, and purchase equipment inventory or real estate.
Soft Money Bridge Loan
Need a bridge loan to purchase commercial real estate *(non owner occupied and owner occupied)
Hard Money Micro Financing
Need capital in 7 days? This may be the loan for you.
Funding Amount: $5,000-$100,000
Asset Based Financing (Revoloving Line)
Seeking to convert a company assets into working capital. Giving a security in an asset(s) in exchange for cash.
Equipment and Large Production Financing
Medical Centers, Dental Offices, Surgical Centers, Gas Station, C-Store Expansion, Car Wash, Auto Repair, Franchise Restaurants, Manufacturing, Truck/Trailer...etc.