A business line of credit allows for the flexibility that a normal term loan would not provide. A business can borrow up to a certain limit and only pay interest on the money that is borrowed. The credit limit is often based on a businesses' receivables, inventory and ability to service the debt payments.

$500,000-$15,000,000

1-3 years

Up to 70% of Accounts Receivable. Up to 50% of Inventory.

None

Accounts Receivable

Starting at 4.99%

Flexible

Service, Manufacturing & Distribution-based 

4-8 weeks

Non-Recourse or Full

Product Details

For businesses facing cash short falls, they might consider invoice factoring as an alternative to free up their cash flow. Invoice factoring is the sale of invoices to a company in exchange for a lump sum of cash. Invoice factoring depends on the creditworthiness of your customers, rather than your personal credit, allowing you to immediately unlock working capital to help cover funding gaps for your business.

Product Details

Starting at 7.99%

Flexible

$200,000-$5,000,000

Non-recourse or Full

3-5 weeks

Service, Manufacturing & Distribution-Based Companies

None

Accounts Receivable

None

Up to 90% of Accounts Receivable

For businesses desirous of purchasing new equipment for expansion purposes or leveraging existing assets to alleviate cash flow constraints, they may consider equipment financing. PlattPointe consultants have the ability to advise you on which path may be best for you and your business. Visit the PlattPointe Equipment Lending Platform to see if you qualify for financing today: 

Product Details

$100,000-$5,000,000

Flexible

Starting at 4.99%

Up to 85% of Equipment Appraised Value

None

Equipment

Flexible

Service, Manufacturing & Distribution-based 

2-3 days (under $500,000), 2-4 weeks (over $500,000)

Full

Flexible

Traditional or Discount

Term or Lease