Asset-based lending is a type of secured lending, or a loan whose repayment is provided at least in substantial part by a collateral pledge against the loan and typically in the form of accounts receivables or inventory.
Purchase Order Financing
If you are a Distributor, Wholesaler or Reseller and receive a Purchase Order from one of your customers, we could pay your supplier or suppliers up to 100% of your Purchase Order that you open up to them. This will increase your purchase ability in order to buy in larger volumes without reducing your working capital.
With this type of financing, we turn your invoices into immediate cash. Our main goal is to give you day-to-day working capital for you to grow your business. We give you up to 90% of the amount of your invoices up front and the remaining balance (reserve) once your customer pays the invoice.
We finance all types of equipment for all industries and through a wide variety of credit risks. The targeted equipment ranges from medical, fitness, manufacturing and mining equipment to real estate fixtures and improvements.
We could pay a supplier almost anywhere in the world for up to 100% of the goods sold. With supplier credit financing we can provide you with credit terms for up to 180 days which lets your company purchase larger volumes while having the liquidity to produce and distribute to your final clients
Letters of Credit
We provide our customers with Commercial Letters of Credit (LCs) and Standby Letters of Credit (SLCs), which are financial instruments that support creditworthiness to achieve performance under a contract, payment to suppliers and workers’ compensation in both domestic and international transactions.
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201 Alhambra Circle Suite 603. Coral Gables, FL 33134