Working Capital Financing

 

Working Capital financing or Asset-Based Lending is a viable alternative

to selling your Accounts Receivable to a Factor. The value of the receivables you hold

are used as collateral to borrow against. You may receive up to 85% of this value

on a revolving basis to provide working capital for your business.

You may also be able to enhance your working capital

by using your Inventory as additional collateral.

 

Utilizing non-bank financing sources may provide you with more flexibility.

Most bank working capital financing packages require a clean-up period

annually ( you are required to reduce the amount borrowed to zero ),

whereas non-bank lenders do not. As your business grows and your receivables increase,

the working capital package can also grow,

allowing you to obtain financing to match your growth.

 

home Interested? Email us or fill out a no-obligation Application

 

Parallel Options Inc. 2001/2011