Every business and situation is unique. Some business owners are in a strong financial position while others may be experiencing financial distress, but borrowing money at a favorable cost with maximum flexibility is important to all businesses. We provide clients the reassurance that they can accomplish this goal while staying focused on running their company.
There can be a range of options along the continuum of working capital products, which may include: traditional bank lines of credit, asset based lending, accounts receivable financing, factoring and purchase order financing.
There are over 3,000 bank and non-bank lenders in the US administering multiple SBA programs. Many lenders have a targeted transaction type or industry focus. Financing can be used for a variety of purposes to include real estate acquisition, partner buy-outs, business acquisitions, capital expenditures, working capital, start-ups and even export finance.
Knowing your options when you are modeling an acquisition can have a make or break impact on your hurdle rate. In addition to SBA financing, there is traditional bank financing as well as nonbank lenders that offer subordinate debt and mezzanine debt to shore up a transaction.
Whether it is a one time purchase or you are seeking a guidance line for recurring annual purchases, you have many options of how you finance rolling stock and equipment.