Real Life scenarios
- Required financing of equipment to offer its clients where there was no
other source of available cash.
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- Solution: A leasing line of credit was established over a
thirty six month period which allowed the client to purchase the equipment
with low monthly payments. As the client purchased additional inventory and
the line is paid down, new purchases can then be added to the line, up to
the predetermined credit limit.
- Required financing to setup the office and purchase the required medical,
office and computer equipment.
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- Solution: A leasing line of credit with a predetermined
credit limit so that all pieces of equipment could be purchased and payments
could be paid over a five years, with a moratorium for the first six months.
- Durable Medical equipment company (DMA)
- Required financing to pay off its existing bank
- This loan was in the workout department.
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- Solution: A revolving line of credit was arranged based on
third-party accounts receivable and inventory. This loan provided sufficient
capital for growth.
- Required the capital to make payroll on a timely basis
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- Solution: A factoring line was arranged which
accelerated cash flow for timely payments for payroll, rent and overhead
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