Jul 29 2011
Business Financing Makes The World Go Round
Over these particularly stressed economic times, Greenfield realizes that many companies are already unsuccessful when approaching banks. Many banks are often reluctant, unable, or unwilling to lend money. To help several businesses on their own paths to economic recovery, we stand prepared to think about a more comprehensive set of options. In consideration for the revolving credit line, Greenfield can provide a asset based loan up to $5,000,000 according to your accounts receivable, machinery and equipment, real estate, and private assets. We could advance 85% of one’s company’s eligible accounts receivable and up to 50% of the eligible inventory. Greenfield Commercial Credit continues to be helping companies by provide asset based finance lending. Many of the companies are growing very rapidly or simply just restructuring their operations. We know that time is of the essence while waiting for your loan to shut. As a result, we are quickly as possible to provide your personal credit line. Generally, we are able to close the loan within 2-3 weeks after receiving your financial information. Once we’ve established your accouts receivable factoring program, we are able to advance cash on your invoices and wire transfer to your account within 24 hours of your invoice date. With our operating capital, we effectively purchase accounts receivable and can pay out cash immediately depending on these amounts. You, subsequently, will offer better credit rates for your customers as a result of our backing.#BREAK #TITLE#Business Financing Solutions That Work#/TITLE# Through recent stressed economic times, businesses still face encumbrances to their day-to-day operations. Conventionally, they could not “suitable candidates” for asset based loans although they clearly have valuable assets you can use as collateral. Greenfield Commercial Credit helps many of our clients with accounts receivable financing loans to enable them to weather a temporary financial storm while still making payroll and fulfilling their accounts payable responsibilities. While rapid business growth is obviously desirable, it can also cause a significant challenge since it puts overuse on daily business operations. Greenfield can collateralize a revolving personal credit line with equipment, machinery, real-estate, accounts receivable, and inventory. Additionally, we can use debtor in possession, >invoice factoring, purchase order financing, and factoring financing. Greenfield will process your working capital loan within 2 to 3 weeks after receiving your completed paperwork. Our professional team of lenders and processors brings numerous years of experience from varied fields of industry and we’ll utilize this experience to underwrite your asset based loan.