For business who have sufficient collateral but may well not be eligible for a a more-traditional bank loan due to insufficient equity, tax liens, or high numbers of accounts payable, Greenfield Commercial Credit can help. As your business transitions back toward conventional financing, Greenfield can provide the running capital that you should continue making payroll and ordering needed inventory. In consideration for the revolving credit line, Greenfield can provide asset based lending up to $5,000,000 according to your accounts receivable, machinery and equipment, real estate, and private assets. We could advance 85% of one’s company’s eligible accounts receivable and up to 50% of the eligible inventory. Over these particularly stressed economic times, Greenfield realizes that many companies are already unsuccessful when approaching banks. Many banks are often reluctant, unable, or unwilling to lend money. To help several businesses on their own paths to economic recovery, we stand prepared to think about a more comprehensive set of options. For upwards of Fifteen years, since 1995, Greenfield Commercial Credit continues to be helping companies by provide asset based credit lines. Many of the companies are growing very rapidly or simply just restructuring their operations. We know that time is of the essence while waiting for your loan to shut. As a result, we are quickly as possible to provide your personal credit line. Generally, we are able to close the loan within 2-3 weeks after receiving your financial information. Since we aren’t a bank but a privately held commercial finance company, our creativity includes factoring loans. It’s this sort of loan that often helps our clients when little else does. Here’s how this might help your business… You prepare your invoices as always and we’ll purchase those invoices from you at around 90% with the invoice amounts. Greenfield then invoices your customers with instructions they remit their debts right to GCC rather than to you personally. As soon since your customers send their payments to us, we’ll release to you personally the reserved invoice amount (on this example, 10%) less our fee for financing the transaction. Your initial factoring transaction is generally within five to seven days. Once we’ve established your factoring receivables account, we are able to advance cash on your invoices and wire transfer to your account within 24 hours of your invoice date. With our operating capital, we effectively purchase accounts receivable and can pay out cash immediately depending on these amounts. You, subsequently, will offer better credit rates for your customers as a result of our backing.#BREAK #TITLE#Get The Credit Your Business Needs#/TITLE# Through recent stressed economic times, businesses still face encumbrances to their day-to-day operations. Conventionally, they could not “suitable candidates” for loans although they clearly have valuable assets you can use as collateral. Greenfield Commercial Credit helps many of our clients with invoice factoring loans to enable them to weather a temporary financial storm while still making payroll and fulfilling their accounts payable responsibilities. We realize that the clients who require our services are identical clients to whom expeditious funding is extremely important. Because of this time constraint, Greenfield will process your working capital loan within 2 to 3 weeks after receiving your completed paperwork. Our professional team of lenders and processors brings numerous years of experience from varied fields of industry and we’ll utilize this experience to underwrite your asset based loan. Greenfield helps business owners undergoing restructuring, buyouts, mergers, as well as periods of rapid growth. While rapid business growth is obviously desirable, it can also cause a significant challenge since it puts overuse on daily business operations. Greenfield can collateralize a revolving personal credit line with equipment, machinery, real-estate, accounts receivable, and inventory. Additionally, we can use debtor in possession, invoice financing, purchase order financing, and factoring financing.