B. Finlay Enterprises Inc.

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However, there are many variations around this base case description that can have a large impact on your ability to locate relevant lenders as well as securing financing from the ones you talk to. First , most purchase order financing is for commodity based, hard goods. The reason for this requirement is due to 1) fairly standardized product that can be readily supplied without complication, and 2) an available liquidation pathway for the lender exists in the event of default.

Brent has worked directly in the field of finance for over 25 years in a wide variety of roles and has spent the last 9 years working as an independent business consultant. His formal training (brainwashing) includes a diploma in business, a degree in economics, an MBA in finance, and a Certified Management Accountant Designation.

• Expansion to new markets • Acquisitions • Management Buyouts • Improve Current Position on Balance Sheet • Bridge Financing The rates for cash flow loans, like asset based lending, can be quite broad. Rates are always relative to risk and competitive financing alternatives. Lending rates and the amount of cash flow borrowing available is also impacted by how well the lender knows your business, and how long they have been dealing with your company.

You have a customer that you want to do more business with, but the only way they will work with you is if you give them longer terms, say 30 days to 60 days. But by doing this, you now have to wait an extra 30 days to get paid. Receivable financing would allow you to provide longer terms to the customer and at the same time continue to grow your business volume with that customer without putting any of your other business at risk.

But in order to provide the financing, funding companies will require your business bank to allow the factor to have a first place security position on the specific accounts receivable amounts being financed.

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