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Inventory Financing

An Inventory Asset Loan is usually secured by the value of the purchased inventory. This allows lenders to feel secure in distributing the loan and allows borrowers to borrow only what is needed.

Qualified applicants must be able to show that the sale of the inventory will bring in sufficient income to repay the loan. Funding can be for up to 90% of the total cost of the inventory as long as proper are requirements met. Inventory loans cannot be used for the purchase of property for its potential future value, or for the purchase of real estate.

Our Inventory loans are perfect for business owners who have been denied a conventional loan due to credit history or some other factor or are looking for the easiest option in terms of repayment and collateral requirements.

Commercial Real Estate

An asset-based Commercial Real Estate Loan is based on the value of the currently owned real estate. This means that the real property the business owns is used as collateral to secure the loan. This provides the lender with the security they need, making this the best option for those businesses that have a less than stellar credit history.

Funding can be provided for up to 90% of the value of the property. Unlike traditional real estate loans, asset-based real estate loans allow the funds to be used for other needs the business might incur. Consequently, this financing can be used to smooth over cash flow issues or to fund expansion outside of real estate.

Accounts Receivables

An accounts receivables loan is based on the amount of money owed to a business in the form of invoices or billing. These funds can be used for the day to day operation expenditures of the business, including the purchase of inventory, employee wages, and utility payments.

Small businesses with at least 2 previous years of tax returns and proof of ability to repay the loan can easily qualify for up to 100% financing. The loan is repaid as funds become available and typically carries a low APR. In addition, A/R loans are typically based on the creditworthiness of a company’s customers, making them an ideal option for companies with a strong client base but weaker company credit history.

Equipment Loans

Asset-based equipment loan amounts are calculated using the value of the business-owned equipment. The equipment must have long-term value and must be used solely for business purposes in order to qualify for use as collateral. The loans can be used for the purchase of upgrades, construction and for daily business operations.

Funding is provided based on the value of equipment, and that same equipment will be used as collateral for the loan. Up to 90% of financing is available through our asset loans, usually with an APR between 5% and 15%. This type of loan is readily available to small businesses with less than desirable credit histories.

Fix and Flip Lines of Credit

Fix and flip lines of credit allow for the acquisition, improvement, and resale of a property for profit. Typical fix and flip lines will fund up to 100% of the purchase and repair price, as long as the loan amount is 70% or less of the appraised after repair value (ARV).

Funding is most often used for the purchase of real property, contractor fees, listing and broker fees, and other aspects of property investment. These short-term loans are typically repaid with proceeds from the sale of renovated properties and are usually 1-12 months in length, and are obtainable for businesses with 2 or more years of experience in the industry.

Hard Money Loans

Our asset-based hard money loans are typically secured by real property and are often a few months to a few years in length. Similar to a bridge loan, hard money loans provide funding to assist in the relief of a temporary financial situation or while a business is waiting for long-term financing approval.

Our hard money loans can be acquired even if the real property owner is in a distressed financial situation. Up to 75% of the value of the collateral property is often available for funding. Hard money loans can be used for a variety of business operation needs, including the purchase of inventory or stock, employee wages, and insurances, and construction or landscaping projects. Uniquely, hard money financing requires only payment on the interest of the loan, with the final balance due at the end of the term.

Acquisition Financing

The acquisition of real estate is an important part of the growth of most business. As such most businesses are eligible for acquisition financing with funds that can be used for purchasing real estate for storage, expansion, or owner occupation.

These loans are typically long-term, with a time frame of 10 to 20 years. Usually, the business will be responsible for a 10% down payment in order to show the ability to repay the loan.

Acquisition financing is easily attainable for most small businesses, as the loans typically carry low-interest rates and easy terms. New businesses can use the funds to purchase their first building, while seasoned businesses may use the funds to expand or franchise. Acquisition financing makes purchasing property for business much less stressful for business owners.

Understand your options.

The starting place is to become informed. Once you understand your options, available rates, and timelines you can make good decisions.  Our Ontario business loan specialists are here for you – reach out today!