Asset based loans are loans that use receivables or inventory as collateral to secure financing. Asset based lenders will advance funds typically as a percentage of the collateralized asset’s value. This type of loan is ideal for a business that has a lot of inventory, accounts receivable, or equipment, but needs the funds to grow the business or get through a cash flow crisis.

Term: 5-15 years

Interest Rate: 6-12%

Interest Rate Mode: fixed

LTV: 25-85%

Prepayment Penalty: No

Fees: 0.2-1% monthly management fee plus 2-3% on credit line facility amount

Time to funding: 1 week to 2 months

Loan size: $250,000+

Approved uses: Open

Whether considering buying out a partner, multiple partners, buying a company’s assets, or purchasing an entire business, business acquisition financing may be a great option to do so. The terms below outline lower-middle market business financing, for acquisitions larger than $5 Million, please visit the middle market lending tab.

Term: 10-25 years

Interest Rate: 4.75-8%

Interest Rate Mode: fixed

LTV: 60-90%

Prepayment Penalty: No

Fees: 2-5%

Time to funding: 45 days - 4 months

Loan size: $5,000-$5,000,000

Approved uses: acquire, refinance, or purchase a business/franchise

The 2nd lien loan product is well suited for companies who have additional capital needs beyond what their existing senior lender is willing to provide. The 2nd lien structure provides additional capital to the borrower while at the same time enables companies to have additional capacity within their senior facility. This unique product is tailored to companies who have an existing senior lender, can demonstrate sufficient cash flows and are looking for an accretive capital solution.

Term: 6-48 months

Interest Rate: 6-24%

Interest Rate Mode: fixed

LTV: 100%

Prepayment Penalty: Varies

Fees: 1-4%

Time to funding: 1 week to 2 months

Loan size: $100,000-$5,000,000

Approved uses: light working capital, growth capital, acquisition capital, or special situation financing

Whether you are looking to build a commercial real estate facility, multi-family property, or build out a plot of land for a residential single-family neighborhood, we have the financing to get you there. We work with the best construction lenders to ensure that you get the lowest rates and most flexible options for your next property.

Term: 1-10 years

Interest Rate: 1-8%

Interest Rate Mode: fixed

LTV: 60-90%

Prepayment Penalty: Varies

Fees: 2-5%

Time to funding: 1 week to 4 months

Loan size: $250,000-$100,000,000

Approved uses: Full construction costs including working capital and equipment

Equipment is a hard asset, and most banks want hard assets. Whether you are looking for a traditional equipment lease, a sale and lease back option, or looking to refinance existing equipment, we can help ensure the best rates though our variety of equipment lenders.

Term: 1-5 years

Interest Rate: 4-10%

Interest Rate Mode: fixed

LTV: 70-100%

Prepayment Penalty: No

Fees: 4-5%

Time to funding: 3 weeks to 2 months

Loan size: $5,000-$5,000,000

Approved uses: Equipment only

Factoring is a transaction in which a business sells its invoices, or receivables, to a third-party financial company known as a “factor.” The factor then collects payment on those invoices from the business’s customers/clients.

The main reason that companies choose to use factoring is if they want to receive cash quickly on their receivables, rather than waiting the 30 to 90 days it often takes a customer to pay. Factoring allows companies to have more cash on hand to handle the day to day needs of the company.

 Term: 1-72 months

Interest Rate: 1.0-4.5% per 30 days

Interest Rate Mode: fixed

LTV: 70-95% advancement rate

Prepayment Penalty: No

Fees: 1-4%

Time to funding: 5-15 days

Loan size: $50,000-$100,000,000

Approved uses: Open

Whether it’s a McDonalds or a Nestle Toll House, franchise financing is a great option for aspiring franchisees that either do not have the cash to support the costs or if they simply want to leverage their cash and finance through debt. If you are trying to find financing to start, grow, refinance, or add additional facilities or inventory for an established brand, we would love to talk to you about your options.

Term: 5-10 years

Interest Rate: 6-14%

Interest Rate Mode: fixed and variable

LTV: 25-80%

Prepayment Penalty: Varies

Fees: 0.2-1% monthly management fee plus 2-3% on credit line facility amount

Time to funding: 1 week to 2 months

Loan size: $50,000-$5,000,000

Approved uses: Varies on use of funds

Whether you want to purchase additional inventory, acquire growth capital, cover unexpected expenses, hire additional staff to meet seasonal or fluctuating cash demands, a line of credit may be a good fit for your business.

Term: 1-5 years

Interest Rate: 6-15%

Interest Rate Mode: variable

LTV: 70-100%

Prepayment Penalty: No

Fees: 1-3%

Time to funding: 1-4 weeks

Loan size: $50,000-$5,000,000

Approved uses: Open

Our luxury asset loan program allows you to collateralize your luxury assets (jewelry and diamonds, luxury watches, fine art and antiques, luxury cars, gold & precious metals, luxury handbags, and fine wine) for one of three different programs (sale advance loan, bridge loan, and term loan). Whether you are a startup or a large company, leveraging a luxury asset may be a feasible option for financing the next step in your business. Here’s how the process works: Our lender will review and value your asset with their network of 300 appraisers to ensure an accurate appraisal is established. Once the appraisal is completed, a loan offer will be given based on the collateral value of the asset.

Term: 6-36 months

Interest Rate: 1-4% per month

Interest Rate Mode: fixed

LTV: 30-75%

Prepayment Penalty: Yes

Fees: 4-5%

Time to funding: 1 week to 2 months

Loan size: $100,000-$10,000,000 per luxury asset

Approved uses: Open

Typically for a company to qualify for this type of financing it needs to be producing at least $10 Million per year in revenue. Our middle market lenders typically invest in management buyouts, leveraged buyouts, growth and expansion capital, debt refinancing, acquisition financing, and recapitalizations moving all the way up and down the capital stack including senior, junior, subordinated, unitranche, mezzanine, minority equity, preferred stock, and common stock structures.

Term: 3-15 years

Interest Rate: Varies by enterprise value

Interest Rate Mode: varies

LTV: 60-100%

Prepayment Penalty: No

Fees: 4-8%

Time to funding: 1-7 months

Loan size: $1,000,000-$250,000,000

Approved uses: Open

Healthcare practice professionals looking to start their practice, expand a practice, or buy a practice may benefit from talking to us about our professional loans program. Whether you are looking for a slight upgrade, or are looking to completely redesign and open a new location, our lenders can ensure you are equipped with the best financing to see your dream through.

Term: up to 10 years

Interest Rate: 3-8%

Interest Rate Mode: fixed and variable

LTV: 70-100%

Prepayment Penalty: No

Fees: 2-5%

Time to funding: 1-3 months

Loan size: $50,000-$10,000,000

Approved uses: Start practice, purchase equipment, expand practice, refinance

PO financing allows a company to be fronted up to 100% of the amount needed to process a purchase order. This allows a company to buy inventory and grow sales without being limited by existing capital, grow without increased bank debt or selling equity, help ensure timely deliveries to customers, fast funding, provides overseas manufacturers assurance to start production of goods, and helps when seasonal sales spikes strain cash flow.

Term: length of purchase order contract

Interest Rate: 2-3% for the first 30 days, 0.5-1.5% every 10 days thereafter

Interest Rate Mode: fixed

LTV: 100%

Prepayment Penalty: No

Fees: 1-4%

Time to funding: 1 week to 1 month

Loan size: $50,000-$20,000,000

Approved uses: Supplies, distribution, manufacturing

There are many different types of financing options for Commercial Real Estate including SBA 7a and 504, conventional loans, CMBS Loans, Equity and Mezzanine Financing, HUD and FHA Lending, Bridge loans, Fannie Mae, Freddie Mac, and International Real Estate Loans. Whether you are trying to find $1 Million dollars for a small owner-occupied facility or $1 Billion for an extremely large resort or mixed-use property, having a trusted advisor help navigate you through your different options is extremely important.

Term: 2-30 years

Interest Rate: 3.75-10%

Interest Rate Mode: fixed

LTV: 50-90%

Prepayment Penalty: Varies

Fees: 2-5%

Time to funding: 3 weeks to 3 months

Loan size: $200,000-$1,000,000,000

Approved uses: owner occupied properties, non-flagged/flagged hotels, mixed use, multi-family, office, retail, industrial & warehouse, and land

There is a huge network of SBA lenders in the United States that lend out to a select number of companies. Most of the time if you are solid company with good cash flow and a good personal record, SBA lending is one of your best interest rate options.

Term: 7-25 years

Interest Rate: prime-8%

Interest Rate Mode: fixed

LTV: 70-100%

Prepayment Penalty: No

Fees: 2-5%

Time to funding: 45-75 days

Loan size: $50,000-$5,000,000

Approved uses: working capital, expansion, equipment purchases, land, facilities, and machinery

If you have a credit score above 700, sufficient income outside of your startup, and no major derogatory marks on your personal credit, a startup loan could be a viable option for you. A startup loan is a great way to get funding quickly based on your personal credit history. A startup loan is a great option for companies that are needing seed capital and cannot find an angel investor interested in their business.

Term: 1-3 years

Interest Rate: 7-20%

Interest Rate Mode: fixed

LTV: 100%

Prepayment Penalty: Varies

Fees: 3-10%

Time to funding: 1-2 weeks

Loan size: <$150,000

Approved uses: Open