Rates

Facility rates and structure are determined by items such as:

• Industry and creditworthiness
• The length of time the money is outstanding
• The amount of funds employed
• The maintenance involved in the administration and monitoring of the collateral

It is important for a company to show us its ability to provide its product or service to the degree of quality required by a creditworthy customer. Qualification is generally faster and less difficult than with traditional financial institutions, but it requires that we obtain the necessary documentation. Rate and structure decisions are made within 3 to 5 business days after receiving the information.