Is Access Business Finance the right factoring company for you?
Since 1996, Access Business Finance has been helping companies that are unable to secure traditional bank financing. Their founders and management team have vast knowledge in financing structure, banking, credit and collections of accounts receivable, accounting and information processing systems to help their clients with the additional funds they need for expansion, acquisitions or turnarounds. Specializing in asset-based lending, bridge real estate loans and factoring, they have extended over 400 transactions to companies in the following industries: Aerospace and Government Services; Building Products, Materials and Construction; Business Services; Consumer, Food and Retail; Distribution; Energy, Oil and Gas; Environmental Science; Healthcare and Life Services; Industrials; Manufacturing; Real Estate; Technology; and Transportation and Logistics.
Access Business Finance, LLC is a member of the Risk Management Association, Commercial Finance Association, Turnaround Management Association, and Association for Corporate Growth.
About Access Business Finance’s Asset-Based Lending Programs
An asset-based line of credit is available for loans ranging from $300,000 to $10,000,000 with advance rates up to 85% on receivables and 50% on inventory. This is a viable alternative for businesses that are experiencing rapid growth, high leverage, turnaround or bankruptcy, operating losses, minimal net worth, tax problems or an unfavorable credit history. In addition to using an asset-based loan for working capital or to fund a merger or acquisition, they can also be utilized to address debt consolidation or other challenging financial situations.
About Access Business Finance’s Bridge Real Estate Loans
For companies needing funding for expenses, recapitalization, or to purchase additional real estate, Access Business Finance provides bridge real estate loans using real estate as collateral. Loans can range from $300,000 to $2,000,000 and are available for all types of real estate. Terms of 1 to 3 years are flexible with monthly interest-only payments.
About Access Business Finance’s Factoring Programs
Access Business Finance has a factoring program for companies with a minimum of $50,000 to $10,000,000 in monthly accounts receivables. They offer advance rates up to 90%, quick access to cash, and internet reporting.