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It will generally require monthly (or sometimes weekly) borrowing base certificates, accounts receivable agings, account payable agings, as well as periodic financial statements and/or tax returns. Depending on the situation it may require annual audit exams.
Posted in: ASSET BASED LINES
Primary Funding Corporation provides Alternative Business Financing Solutions to businesses. We help companies in just about every industry ranging in size from start-up to $25 million in revenue. Our financing products include Accounts Receivable Financing, Asset-Based Lines, and Equipment Loans. Loans made or arranged pursuant to the California Finance Lenders Law, License 6034157.
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Primary Funding supports Community organizations such as the North Hispanic Chamber of Commerce
