asset based lending from north mill capital

Post on 07-Jan-2017

287 Views

Category:

Business

0 Downloads

Preview:

Click to see full reader

TRANSCRIPT

 

Asset­Based Lending (ABL)

North Mill Capital's Asset­Based Lending (ABL) program can be an excellent alternative forbusinesses which do not qualify for traditional bank financing, but have quality accountsreceivable on their books...

Program Overview

Financing from $500,000 ­ $30 Million

Advance ratesUp to 85% on Accounts ReceivableUp to 50% on InventoryUp to 85% against liquidation value of Machinery and Equipment

Common Client Characteristics:Marginally profitable or losing moneyWeak balance sheetReporting lossesNegative tangible equityIn or emerging from bankruptcyCurrently in the asset recovery department of a bank

To learn if your client is a fit for our Asset­Based Lending Program, please contact me todayat 203­304­9527 or clehnes@northmillcapital.com.

North Mill Capital LLC is a privately owned, non­bank asset­based lending and factoringcompany with full­service offices in Princeton, New Jersey and Minneapolis, Minnesota doingbusiness throughout the United States.  Our clients have credit facility needs ranging from$100,000 to $30 million.

"We are big enough to serve you and small enough to know you."

Chris Lehnes

Senior Vice President

203­304­9527

clehnes@northmillcapital.com

top related