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Accounts Receivable Financing & Bridge And Hard Money Loans
Unlimited source of financing for your company's growth Accounts receivable financing, or Factoring, is the purchase of accounts receivable invoices at a discount. If you sell your products or services to businesses that pay in 30, 60, 90 days or more, First Merchants Financial Services has a liquidity solution for you. We can finance companies that are start-ups, losing money, or in bankruptcy because accounts receivable financing is based on your customer's credit, not yours. This is not a "debt." You are selling an asset. But it is more than just an asset sale; it is like outsourcing your accounts receivable department. Factors provide valuable services. They check your customer's credit for you and notify you of bad risks and they provide detailed monthly statements. Qualifying accounts even get free credit insurance.
Cash in 24 hours No personal guarantees We finance any type of business No recourse even if the account does not pay Credit insurance on your clients at no cost to you No arbitrary loan board decisions No Fixed Payments As sales and receivables increase, funding Increases Focus on your business, not collections Take advantage of early payment or bulk purchase discounts from your suppliers Ability to service large and / or unexpected orders Accounts receivable financing is more flexible and quicker than bank loans Use The Money To...
Fund payroll or other operating expenses Purchase inventory to take advantage of bulk/early payment discounts Fund expansion and growth Respond to seasonal demands and opportunities Take on that large new account with confidence Contact us today, and one of our financial specialists will give you a no-cost analysis of what we can provide for your company. Bridge and Hard Money Loans $1,000,000 to $100,000,000 First Merchants Financial Services is highly experienced in providing our clients with Commercial Bridge Loans and Hard Money Loans in a short amount of time. With our numerous partnerships with institutional private investment firms we can provide the capital you need, in the time you need it in. Hard Money Loans Criteria and Rates: Loan Size: $1,000,000 to $100,000,000 Lending Area: National and International Collateral: We lend mainly to commercial real-estate, including raw land and development projects Interest Rate: Variable from 9% to 14% depending on collateral Amortization: Interest Only LTV: Up to 80% Origination Fee: 1 to 4% Closing time: 5 Days to 1 Month Serving Greensboro, Winston Salem & High Point, North Carolina. Since 1999
The Triad # 1 Small Business & Church Lending Resource 855-768-0933 336-768-0936 3516 Vest Mill Rd Winston Salem NC 27103
email: firstmerchantsfinancialteam@gmail.com
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