Suite of Small Business Products

PRODUCT DESCRIPTION TARGET CLIENT FACILITY SIZE
Factoring Factoring is a type of business financing in which a factoring company purchases accounts receivable in exchange for an immediate payment. This payment provides liquidity to the client. Small to mid-size businesses that have cash flow problems because they cannot wait the usual 30 to 90 days for customers to pay invoices. Annual revenues of $500,000 to over $10 million. Typical size of line from $20,000 to over $2 million.
Purchase Finance Program (PFP) PFP is a financing solution that helps businesses procure goods or equipment on more favourable terms than offered by the client’s supplier. The PFP financing does not interfere with the client’s existing financing. Clients typically tap into this financial solution when they need more working capital to support growth, or to take advantage of time-limited offers such as a bulk sale through their supplier network. Annual revenues of $500,000.00 to over $25 million Typical purchase activity of $5,000 to over $500,000 per month on a revolving or a spot basis.
Purchase Order Finance (PO) Purchase order financing is used to fund the production or importation of finished goods or value added products by a third-party manufacturer. The products must be pre-sold and the manufacturer can be domestic or foreign. Small to mid-size companies with large purchase orders. Annual revenues of $500,000 to $25 million Typical size of line from $50,000 to over $5 million.
Asset Based Lending (ABL) ABL is a form of commercial financing where a client’s collateral such as accountsreceivable, inventory or equipment determines the amount of the borrowing base and the amount of financing available to the client under the ABL line. Small to mid-size businesses that do not qualify for bank lines or are growing too fast for a bank line to be adequate to fund their growth. Annual revenues from $2 million to over $25 million. Typical size of line from $1 million to over $5 million.
Export Financing ABL is a form of commercial financing where a client’s collateral such as accounts receivable, inventory or equipment determines the amount of the borrowing base and the amount of financing available to the client under the ABL line. Small to mid-size businesses that do not qualify for bank lines or are growing too fast for a bank line to be adequate to fund their growth. Annual revenues from $2 million to over $25 million. Typical size of line from $1 million to over $5 million.
Equipment Leasing Equipment leasing is the process of securing the use of computers, machinery and other types of equipment under a lease for a specific period of time. There is often a buy-out provision at the end of the lease term. Equipment leasing can provide a client with additional working capital without impacting existing financing for the business. Equipment-related leases are especially helpful when the need for a given piece of equipment is only temporary. Annual revenues of $500,000 to over $250 million. Typical size of lease from $25,000 to $1 million.
Working Capital Advance Cash advances are provided based on the expected future revenues of a business in light of recent past performance. The advance is unsecured and is typically payable over a six to twelve month period. Small businesses that may lack adequate capital during the early stages of opening their business. Annual revenues of $500,000 to over $5 million. Typical advance from $20,000 to $500,000.
Top Up Financing Top Up Financing is a highly-flexible financing option that provides a lump sum advance based on the reserve amount of your A/R—a number that can amount to between 75% and 100% of one month’s revenue. This solution is only available to existing A/R factoring customers. Small business that require capital to fund a time sensitive business opportunity but don’t have any new invoices in the pipeline to qualify for additional factoring. Typical advances range between 75% to 100% of one month’s revenue.
Revenue Based Funding Revenue-based financing allows the client to inject capital into their business in return for a percentage of its revenue. Payments rise and fall with the performance of the business and continue until the initial capital plus a predetermined amount is repaid. These payments are expected to last about 2 to 5 years. Small or medium sized business that do not qualify for factoring and have been in business for at least three years. Annual revenues must be greater than $500,000. Typical advances range from $200,000 to $2,000,000

 
The lender is a full-service working capital and trade finance company. We have the largest geographic footprint of alternative funding professionals across North America, offering clients a customized and flexible approach with local decision makers. We offer a complete range of solutions for all industries and provide immediate financing upon approval with no long term contracts or hidden fees. We will help you grow your business.

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