Bridge and Term Loans
We’re the Bridge, not the Anchor
For unique growth opportunities that may not be solved by Factoring / Accounts Receivable or Asset Based Lines of Credit, Bridge and Term Loans can be a great alternative to achieve growth.
What You Can Gain from a Bridge or Term Loan
An Injection of Capital when you need ItBridge and term loans help you remain operational and agile within your business to take on new or more significant initiatives to grow. We’ll discuss your business and how to structure and time your repayments to correspond with projected revenue growth to ensure you have a reliable source of income to repay the loan.
Our Simple 4-Step Process
1. Apply for a Bridge or Term Loan
Get started by submitting your application for a bridge or term loan. We’ll take the time to review your application package, credit history, and the financial position of your company.
FEATURED CASE STUDIES
How We’ve Helped Our Clients
Achieve Their Business Goals
Growing a Business
An existing factoring client that had been experiencing exponential growth needed to buy an additional piece of equipment to keep up with demand. With that new piece of equipment in place, they were projecting a 50% increase in revenue. Factoring didn’t fit our client’s specific need, so we took a step back to evaluate a term loan.
We were able to put in place a term loan that gave the business owner the capital needed to purchase the new piece of equipment and continue to grow the business.
A new client needed a factoring line to bridge the gap between extended customer payment terms and upfront supplier payments. Unfortunately, this client had an existing loan with another lender (which had filed a UCC-1 financing statement and was in a first secured position on the client’s assets) that was taking weekly debits directly out of their bank account to repay the loan in three months. The frequency of these debits and higher costs were actually hurting the client’s cash flow situation.
To ensure we were helping our client’s cash position, we put in place a factoring line and refinanced the three-month high-cost loan from the old lender—allowing our client to repay the loan in 12 months at a lower cost. This financing package helped the business owner continue regular operations while providing room to remain flexible to take advantage of new opportunities.
Being the Bridge
Our client was waiting for a large cash deposit from a recent grant they were awarded. Unfortunately, that deposit wasn’t going to be made until the following month and our client needed cash to pay their employees and continue to fund operating expenses required to run their business day-to-day.
We took the time to understand the grant requirements and provided a bridge loan for our client so they could continue to operate while they waited for that grant payment.
Bridge and Term Loans Intel
What is the Best Alternative Business Loan for Your Business?
5 Ways to Grow Your Business for Free
Tax Strategies Checklist for Business Owners