Large Dollar Amount Financing – Master Lease Lines of Credit
Middle Market Transactions – For larger acquisitions we offer commercial financing programs.
In order to meet our customers’ expectations and to ensure the success of this product, we made a strategic decision to have a separate division handle all commercial transactions.
By establishing a separate division we are able to develop a knowledgeable, dedicated staff to work commercial transactions without distracting from our core business. We see this as a natural vertical extension of our core application only product. Your account manager has direct contact and involvement with this division and will relay all information in a timely manner.
Some of the specific programs are:
- Master lease lines of credit and operating leases
- Transaction size – $150,000 – $50,000,000
- Term length – 24-84 months
- Off balance sheet financing
- Buy outs – Fair Market Value, $1, 10%, 20%, larger balloons
- Payment types – Monthly, Quarterly, Seasonal, Cash Flow Based
- Structures – Master Lease Lines, Operating Lease, Refinances
- Equipment types – Most new or used business equipment, furniture, vehicles, software, etc.
- Application Requirements – Full financial package
- Documentation – Varies based on financial product
Regardless of the best-laid plans, businesses often have to move quickly. Our One-Page Application-Only program can usually provide up $150,000 within 24 hours without providing financial statements.