|
Lending
Capabilities
|
$3 million to $30 million |
|
Lending
purposes
|
Working capital, refinancing, growth, mergers and acquisitions, debtor-in-possession, ESOP programs, recapitalizations, turnarounds, emergence financing, import/export letters of credit |
|
Businesses
covered
|
Manufacturers, distributors, wholesalers, retailers, service companies |
|
Advance
rates
|
Up to 85% on accounts receivable Up to 85% on inventory Up to 85% of net orderly liquidation value of machinery & equipment Up to 80% of fair market value of real estate |
| Terms | 3-5 year commitments 5-7 years amortization on machinery & equipment and capital expenditures 15-20 years amortization on real estate |
|---|
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