Receivable financing matches your assets to borrowing needs. Unlike traditional financing, these credit structures primarily rely on your business assets instead of other financials. The result is greater borrowing power and other benefits including:
- Greater flexibility – Receivable loans generally require fewer covenants, which allow you to focus on your business rather than continually monitoring numerous covenants.
- Enhanced liquidity – Unlike loans based on earnings that go up and down, these solutions provide for a more stable borrowing base and better liquidity.
- Full use of your assets – Assets such as accounts receivable and inventory are put to work to help your business grow.
Ask a Colonial relationship manager for more information today.
* Loans are subject to credit approval.