CAPITAL SOURCES & IDEAS

Size: Minimum $500,000 in funding, at closing.

Target customers

  • Companies that have been unsuccessful in securing traditional bank financing.
  • Companies that, because of the changes in their present banks credit criteria, have been asked to find a new source of funding by their current lenders.

Typical Financing Programs

Asset based lending-accounts receivable, inventory and equipment.

Accounts receivables financing,

Factoring of a variety of accounts receivable, to include receivables such as:

Construction subcontractors a/r, staffing companies including lending against unbilled
accounts receivable, apparel, textiles, furniture, freight forwarders, importers, advertising
agencies, internet marketing companies, medical, FEMA accounts receivable

Niche commercial real estate financing:
  • Financing for owner occupied real estate
  • Loan size $400,000-$2,000,000
    • Loan to value 75%, 25 year amortization 25 year maturity
    • Hard money lending for real estate including land primarily in Southeast, size at least $1MM, up to 50% loan to value
  • Financing for income producing real estate
  • Bridge financing for full service 3 Star plus hotels 1-2 year term 75% loan to value, operating history of at least 6 months, interest rate 7% current pay and accrue an additional 6%.
  • Bridge financing for industrial real estate under the following basic parameters:
    • Term-up to 3 years.
    • Size- $1MM-$5MM
    • Class of real estate-warehouses and industrial, free standing retail
    • Libor plus 8% with a floor of 4% plus points.
    • up to 65% of current value.
    • without personal guarantees.

Purchase Order Financing

Debtor in Possession, Chapter 11 financing, at least $2MM

Senior debt/ equity for specialty finance companies such as factoring companies, healthcare
finance companies, insurance premium finance companies etc.

Financing of inventory

Franchise Financing

SBA financing

Equipment financing

Buyers of senior debt-lender fatigue/distressed debt, size- minimum of $3MM.

Equity for turnarounds/companies in transition-private equity funds who invest in under performing/turnaround situations in manufacturing, distribution and retail companies. At least $1MM investment.

Asset based lending in Canada $2MM-$20MM on receivables, inventory and equipment.

Investment funds that provide mezzanine and equity funding, at least $2MM