Non Recourse Commercial Financing

Factoring Program Full Notification, Non-Recourse

Project Financing • Business Growth Financing • Business Acquisition Financing • Bridge Financing • Financing Working Capital Needs • Realization of Supplier Discounts • Crisis Management • Debtor-In-Possession (DIP) Financing Program is available nationwide.
	Commercial Capital will provide factoring to a broad array of industries with good quality receivables.
	Annual factoring volume of $1,000,000- $50,000,000.
	Typically 2.5% of the face value of the purchased invoices for each month that account receivable is outstanding. No other fees charged either on the dollars outstanding or for the facility.
	Generally two (2) years.
	UCC filing on all assets. (Will subordinate or release on assets other than Account Receivables to allow for funding from other sources.)
	Up to 75%.
	None, lender assumes the credit risk of non-payment.
	Performance guarantee by principals to deliver conforming goods and proper services to customers is required.
	None. No certified financial statement required. No audit by lender of financial performance.
	Typically under two weeks from initial contact to funding.

TAKE ADVANTAGE OF FACTORING IN A DIFFICULT MARKET

Credit Crunch: Disaster or Opportunity?

You can't pick up a newspaper or turn on the television without being blasted with horrible news. Every day you read about sub-prime mortgages, the resulting credit crunch and the havoc it's wreaking on the markets. The sub-prime lending debacle has sent ripples throughout the capital markets. The effects of these ripples are only beginning to be understood, but already they have caused banks and other financial institutions to tighten their lending criteria or stop lending altogether. More lenders will begin to curtail their lending as their balance sheets become bloated with loans and their warehouse lines fill up.

Yet as bad as this situation sounds, it bodes well for factoring. The current uncertainty in the capital markets is going to create working capital issues for all types of businesses, which, as recently as the spring of last year, were still able to get traditional financing to bridge gaps in their cash flow.

Factoring: Your Answer to the Credit Crunch.

Factoring or Accounts Receivable Financing provides a wonderful tool for companies who are no longer "bankable", but who need immediate cash resources. First, factoring looks solely to the strength of your accounts receivable, and typical facilities will advance about 75% of the total A/R. The strengths and weaknesses of your balance sheet do not have a bearing on the credit making decision. Second, factoring facilities are generally not securitized, so the capital markets will have no impact on new business. Third, because factors are only looking to the accounts receivable, deals can be closed in as few as three (3) business days.

How Do I Know if my Company Qualifies For Factoring?

There is no need for LTV's, cash flow analysis or any other ratios whatsoever. There are only three basic questions to answer.

1. Does your company sell to financially strong companies?
2. Are your customers billed after completion of work or delivery of the product?
3. Are your Accounts Receivable free and clear of any liens?

If the answers to these three questions are yes, then you have yourself a bona fide factoring prospect.

Please feel free to contact me with any questions you might have about our factoring product to see what it can do for you and your business!! (508) 324-4909

Call (508) 324-4909 for more information.