Invoice Based Finance
PrinSource Capital offers Accounts Receivable financing for companies that need additional credit availability. We can provide the necessary funding package to allow companies to grow or turnaround.
Typical Size of Package: $50,000 - $2,000,000
Collateral Required: Accounts Receivable up to 90% advance rate
Company Profile:
- High growth companies
- Start-up companies
- Companies with losses, negative equity
- Companies in need of Bridge financing
- Companies with limited financial information
- Short staffed
Pricing & Cost:
- Competitive per day discount
- Competitive prime plus structure
Flexible Structure:
- No financial covenants
- 6 to 12 month contract terms
- No collateral audits
Fund Closing: Normally in one to two weeks
Guaranty: Required for privately held companies
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