Lending Services Include:

• Formula Line of Credit
  A formula line of credit is designed to supplement a borrower’s cash flow and is used for a more permanent source of working capital financing. Advances are tied to the company’s eligible accounts receivable and inventory. Each facility can be customized to provide a solution that meets your financial needs.
• Non-Formula Line of Credit
  A non-formula line of credit is designed to support short-term working capital needs, such as meeting payroll or taking advantage of trade discounts. This line of credit requires a zero balance for a specific period of time on an annual basis.
• Corporate Credit Cards
  A line of credit can be established for the purpose of issuing individual corporate credit cards. This allows for effective control of corporate purchases, travel and entertainment expenses and provides management complete flexibility in issuing and cancelling cards as needed.

• Equipment Financing
  Equipment financing can be used to purchase new equipment or to refinance existing debt.
• Acquisition Financing
  Acquisition financing provides funds to purchase or merge with a competitor’s business. These funds allow for the financing that supports the buyout of existing owners and shareholders to acquire control of a company.