Overview
BHG Commercial Credit offers two main financing structures, a short term working capital loan and a short term insured loan facility. Our short term working capital loan can provide funding typically from $500,000 to $1,000,000 and our short term insured loan facility can provide funding in excess of $1mm. Our financing features competitive rate structures and a funding process that is one of the fastest in the industry. Our customized hands–on approach brings the lending expert to you, so you don’t have to waste time out the office. Our team will walk you through each step in the process. We want you to feel comfortable throughout our relationship and ensure that funds are delivered to you quickly. Timing is everything!
Access to instant Working Capital will allow you several advantages over your competitors. You will be able to extend more attractive terms to your customers, fill orders that were out of reach to your company or create a scenario for your customers to increase the size of their orders. Whether your company has new orders, increased the size of current orders or you want to expand your market share, let us help you find a way. Liquidity is key to growing your business and BHG Commercial Credit can give you the cash flow you need!
The increased financial flexibility that BHG Commercial Credit can bring to your company presents several long-term benefits to your business. A stronger bottom line for your company means having the ability to hire more employees and produce more products. You will be able to boost your marketing efforts, expand your customer base and obtain more referrals. Businesses who utilize export financing grow their revenues 400% on average! Let BHG Commercial Credit become your lending resource and take your company to new heights.
Why BHG Commercial Credit?
Greater predictability of cash flows
• With BHG Commercial Credit’s financial solutions, you can rely on a quick turnaround on invoices, without the uncertainty of when you will be paid by your foreign buyers.
Trouble obtaining financing?
• Let BHG Commercial Credit find you a solution! We will help develop a financial package to suit your needs. When banks say “no”, we say “yes”.
Cash on hand to expand your business
• By utilizing our Short Term Working Capital Loan and our Short Term Insured Loan Facility you can get instant cash on hand, putting those funds towards new sales opportunities, thus growing the scope of your business.
Peace of mind
• You do not need to worry about collecting on an invoice from your foreign buyer, as 80%-90% of that invoice can be advanced to you with the remainder being sent to you once collected by BHG Commercial Credit. Because we handle all of the follow-up associated with a foreign order, your management team can turn its attention toward more pressing issues in the short and long term.
How Does it Work?
We will walk you through each step of the process to ensure timely approvals. Our goal is to get you funded when you need it and avoid costly delays filling your orders.
Our process consists of 5 simple steps:
1) Consultative Meeting – Talk one-on-one with your dedicated Account Executive, who will carefully assess your needs. We can then help you to choose the program which is right for you. We will outline all of the required documentation needed for the underwriting process.
2) Gather Financial Information - Provide us with your financials and company overview, and we will begin the underwriting process. If you have difficulty obtaining any required documents, we will assist you to expedite the receipt of documents for underwriting.
3) Perform Underwriting Analysis - Our team’s extensive experience in analyzing financial information, allows us to put together a proposal within 24 hours from receipt of your documents.
4) Receive Approval – Our in-house Underwriting Department will build a loan program customized to fit your needs. Once we issue you a Loan Structure Agreement, you’re just days away from receiving your funding.
5) Fast Funding – If your funding requires approval through a government sponsored program, BHG Commercial Credit will assist you in completing the required documents, so our preferred partners at the SBA, FEFC or Ex-Im Bank will receive a financial package that helps ease the funding process. You can have access to your funds in as little as 10 business days. Our streamlined funding process is built for speed, we will have you funded much faster than traditional lenders! |