New Source for Business Loans and Credit Lines
New Source for Business Loans and Credit Lines
We have a relationship with a finance company that does invoice lines of credit.
- They are not factors.
- They actually provide 80% of the face value of an invoice (once the vendor is rated) in the form of a line of credit up to $2mm.
- The client pays for what is used on the line only.
- The finance company acts as an outsourced accounts receivable department.
- Payments are still made to your company and you manage the calls to your customer for any collections.
Also, we have a business banking source for NO DOC - No Collateral line of credit up to $100k.
- The owner must have at least a 680 middle score
- The company must have been in business for two years.
- The broker's fee is 6% of the total borrowed payable at closing.
If there is an interest please contact us. We also have great sources for commercial real estate financing and refinancing with fast answers and closings. Please share this information with those you feel may benefit.
Rodney J. Littles
President
Rodney J. Littles &Associates, Inc
Management & Financial Consultants
New York City-Atlanta,GA-Washington,DC-Caribbean
212-937-3893
404-745-0390
voice/fax
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posted by Victor Lloyd Smith @ 9:54 PM
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