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FundingEdge specializes in providing financing solutions for Business Owners & Investors. We facilitate financing for A - D Credit borrowers. Our goal is to match clients with the best program to meet their financing needs. FundingEdge offers a variety of financing programs.
Business Financing
Business Finance Specialists. We have established a strong niche in helping those with less than perfect credit and creative financing solutions.
Based on High Fico Scores and payment history of business owners. Line of credit and loan amounts range from $25,000 - $250,000.
This program utilizes a company’s credit card receivables to secure financing. Businesses with 2 years in business and a credit card merchant account for 6-12 months can qualify. This program allows for purchasing of inventory, advertising, equipment, working capital, renovations and more. Cash Advances are from $5,000 - $750,000. A- D Credit.
This program is utilized when a company has existing free and clear equipment that can be used as collateral to secure funding. All types of equipment can be utilized and the financing amount is based on 70% to 90% of the equipment cost, sometimes real estate is utilized as additional collateral. “Yellow Iron” is 50% to 65% of the equipment value. A- D Credit.
Factoring allows the client to sell their accounts receivable for cash, versus waiting 30 to 60 days to be paid by their customer. Factoring will provide the client the capital they need to improve their cash flow and utilize funds for needs such as: covering payroll, cash to fuel growth or take on new jobs. Normally 60% to 85% is advanced against the invoices generated and the remaining funds (minus fees) would be forwarded once the invoices are paid. A- D Credit.
- Purchase Order/Contract Financing
This program provides the ability to utilize an existing Purchase Order (PO) or Contract for financing Direct Labor Inventory, Raw Materials, Work-in-Process, Finished Goods, Direct Overhead, Buy-Outs-Components Parts and Sub Assemblies. PO’s can include companies outside of the US. Minimum transaction size is typically $25,000 and can be based on a continuous PO with a client over an extended period of time. A- D Credit.
If you have questions, contact our corporate offices at: 210-249-2111 or via email cs@fundingedge.com.
Sincerely,
FundingEdge Team
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