Small Business Line of Credit

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More information on Small Business Line of Credit

Small Business Line of Credit is the premier source for Factoring services throughout the greater area.  Small Business Line of Credit provides Factoring and Accounts Receivable Financing solutions for small to mid-sized companies in many industries.

Small Business Line of Credit provides a wide variety of Small Business Line of Credit products for businesses located in the area. Whether you’re an established business looking to refinance your existing line of credit or a newer start up looking for growth capital, chances are we have the right Small Business Line of Credit for you.

Small Business Line of Credit programs are custom tailored for each of our customers by our highly trained Small Business Line of Credit advisors using our exclusive Fast Track qualifying system- the only one of it’s kind.

Small Business Line of Credit programs include Asset Based Lending, Term Loans, Inventory Loans, Purchase Order Financing, Accounts Receivable Financing, Factoring and more.

The Banking Crisis has changed the way Banks provide Small Business Line of Credit to businesses. These changes have hit small to mid sized business in an unprecedented fashion causing many businesses to be stripped from their lines with little or no notice. Our expertise in these situations has allowed us to work out deals with banks and customers creating a win-win situation for all parties involved. If you currently have Small Business Line of Credit with a Bank and are being asked to leave for any reason, you have come to the right place as we can help you get through these tough times.

For more information on what we can do for your business please call one of our Small Business Line of Credit advisors at 800.707.4838

Small Business Line of Credit “Asset based Loan”
In the simplest meaning, an asset-based loan is any kind of lending secured by an asset. In this sense, a mortgage is an example of an Asset based loan.  More commonly however, the phrase is used to describe a Small Business Line of Credit to business and large corporations using assets not normally used in other loans. Typically, these loans are tied to inventory, accounts receivable and equipment.

At Small Business Line of Credit we offer these types of Business lines. Our Asset Based Loans or Small Business Line of Credits are designed for the same purpose as a normal Small Business Line of Credit - to allow the company to bridge itself between the timing of cash flows of payments it receives and expenses. The primary timing issue involves what are known as accounts receivables - the delay between selling something to a customer and receiving payment for it.

At Small Business Line of Credit our Asset Based Loan programs generally have a revolving credit limit that fluctuates based on your companies accounts receivables and inventory balances. We can advance on open accounts receivables as well as raw and finished inventory.
Factoring of receivables is a subset of an Asset-based Loan or Small Business Line of Credit and is often used in conjunction with a standard Asset Based Loan facility, which uses inventory or other assets as collateral.

To find out more about our Small Business Line of Credits please call 800.707.4838

Small Business Line of Credit  “Account Receivables”
At Small Business Line of Credit, we can provide Small Business Line of Credit to companies using their Accounts Receivables as collateral. 

Accounts Receivables also known as (A/R) is the transaction that deals with the billing of customers who owe money for goods and services that have been provided to the customer. In most cases invoices are generated after the product has been delivered or service preformed. Purchase Orders and any applicable signoffs typically accompany the invoices.

The overall cost of a Small Business Line of Credit is based in part by the payment terms of the invoices. For example, a common payment term is Net 30, which means payment is due in the amount of the invoice 30 days from the date of invoice. Other common payment terms include Net 45 and Net 60 but can be for any time period agreed upon by the business and its customer. The longer the payment time the more you can expect to pay for your Small Business Line of Credit.

At Small Business Line of Credit, we provide complete Risk Assessment and Credit Analysis services for all of our customers. With today’s fast moving economic environment real time credit analysis is more important than ever before.

Small Business Line of Credit “Invoice Discounting”
Invoice discounting also known, as Factoring or accounts receivable financing is a form of short-term business finance used to improve a company's working capital and cash flow position.

Invoice discounting allows a business to get a Cash advance on its unpaid invoices. For more information on this type of Small Business Line of Credit please call one of our New Business Representatives at 800.707.4838

Small Business Line of Credit “Factoring”
Factoring is a financial transaction whereby a business sells its accounts receivable, (invoices) to a Small Business Line of Credit Company at a discount in exchange for immediate cash.

Factoring is different from a bank loan in two significant ways. First, the Small Business Line of Credit Company places the emphasis on the value of the receivables, not necessarily the firm’s credit worthiness or fixed assets. Secondly, factoring is not a loan – it is the purchase of a financial asset (the receivable). The receivable is a financial asset associated with the debtor’s liability to pay money owed to the seller for work performed or goods sold. The seller sells its invoices (the receivables) at a discount to the Small Business Line of Credit Company to obtain the cash needed for day-to-day operations.

Small Business Line of Credit  “Working Capital”
A Small Business Line of Credit company will analyze a company’s working capital, also known as net working capital or NWC. Working Capital is a financial metric, which represents operating liquidity available to a business. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. It is calculated as current assets minus current liabilities. If current assets are less than current liabilities, an entity has a working capital deficiency, also called a working capital deficit.
Working Capital = Current Assets − Current Liabilities

A company can be endowed with assets and profitability but short of liquidity if its assets cannot readily be converted into cash. Positive working capital is required to ensure that a firm is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and upcoming operational expenses. The management of working capital involves managing inventories, accounts receivable and payable and cash.

For more information on all of our Small Business Line of Credit products please call one of our Small Business Line of Credit Advisors at 800.707.4838

Small Business Line of Credit provides Lines for the following industries:

For more information about Small Business Line of Credit Service Please Call 800.707.4838