New Financing Programs
Embracing a mew concept in Small Business financing and refinancing.
We are in difficult times economically and financially, and the old strategies used by banks to work out their clients are a failure in the current market. Embracing a new approach to workouts will accelerate their rate and efficacy, and will optimize the outcome for both the banks and the borrower.
Haskin Capital Group, Inc. Since 1982, has been providing prompt, innovative, and reliable financing solutions including lending, corporate financing, and debt re-structuring to businesses across the United States. Haskin Capital Group, is a investment banker group, that arranges and specializes in asset-based debt for small- to middle-market private companies. Our company’s innovative approach allows us to provide the best financing available, not only for companies in excellent financial condition, but also for companies who may have been refused credit by traditional lenders.
Recently we have instituted new financial financing programs which may be of help to your company. If you are looking for new or refinanced capital we have the program that will work for your organization. If Capital is what you are seeking, we can raise this capital to meet your needs in 7-10 business days Please call Marvin Gellar 845-454-9209
Merchant Cash Advance Program
Want Money for Your Business?
Is your business running out of money? Get a $5,000 to $1,000,000 cash advance against your future credit card sales. Use the money to expand, renovate, advertise, purchase inventory or anything else you can think of. Get cash now with our Merchant Cash Advance Program.
Merchant cash advances are perfect for anyone who has been turned down by their bank or credit union for a loan. Qualifying for a small business loan in today’s economy is difficult, but a business cash advance can be an easy alternative. A merchant cash advance enables you to generate the working capital you need to improve your business without having to negotiate with a bank or worry about long-term credit card interest.
Instead, your company may qualify for a cash advance of up to $250,000 by leveraging an asset you probably have not thought of – your future credit card receivables. Our business cash advance offers a streamlined process that provides a simple application and immediate access to unsecured funding from $2,500-$250,000. You will benefit from high approval rates, minimal credit requirements, and a flexible repayment process that is directly tied to your business’ sales volume.
A merchant cash advance is an excellent and often overlooked source of short term financing that you can take advantage of today.
- Fast and easy approval process provides quick access to funds.
- High approval rate
- No time limits
- No interest payments
- No monthly minimum payments
- No upfront costs or hidden fees
- No usage restrictions
Basic requirements for a cash advance: To take advantage of all that a merchant cash advance has to offer, you must have a history of processing credit cards at your business for at least 60 days AND process at least $5,000 a month in credit cards.
Note: this is a purchase of future credit card receivables and not a loan product.
Alternative Financing Options
Unlocking the Value of Your Assets
Find out how to take advantage of affordable alternative financing options in tough times for small business lending.
Small Businesses Seeking Loans Still Come Up Empty
In 2008, getting six-figure traditional financing for a small business was fairly straightforward. Today, it remains about as difficult as when the financial crisis first began to unfold. Small businesses expected 2011 to be a time when a years-long credit freeze would finally begin to thaw. But borrowing has only become more expensive and conditional.
According to the Small Business Administration, bank lending to small businesses fell by a staggering $15 billion earlier this year. Business owners rank access to capital as the most important issue facing privately held companies. In the first half of 2011, however, only 17% of loan-seeking businesses with less than $5 million in annual revenue landed bank financing, stated CNN Money in a June 2011 article.
The ongoing constriction in small business lending stands in sharp contrast with lending to larger businesses. It is lending to larger companies that has led to the appearance of a recent rebound in lending. For small businesses, getting financing remains as difficult as ever. As a result, many small companies are either struggling to stay afloat or finding it difficult to capitalize on upcoming commercial growth opportunities.
So where should smaller companies go to get the financing they need? The answer is to the most experienced and competitive Private Banks and alternative lending groups for small businesses.
Unlocking the Value of Your Assets
If you’re a smaller company in need of working capital, there is simply no need to let your business be held hostage to the ongoing constriction in small business lending. This is because there is already a well-developed market for alternative financing that can provide working capital for small businesses with assets. Loans can be secured against cash flow, accounts receivable, inventory, purchase orders, premises, machinery and equipment, and even the intellectual property associated with a brand or patent.
What many smaller businesses don’t realize is the extent to which they can leverage their business assets to secure funding. Help for small business lending is not on the way: it’s already here. Alternative Financing options can help many businesses get the backing they need when the banks say “No” Best of all, this type of financing is now affordable. Loans from the most competitive private banks and small business lenders are priced at bank-like rates upwards, depending on the level of risk of the business being financed.
Getting the Financing You Need
When times are difficult, unlocking the inherent value of your assets, especially intangible assets, is attractive. Today, small business financing is affordable, offers flexible loan structures, and can provide the borrowing power that cash-flow lending alone may no longer be able to supply. At US Capital Partners, for instance, businesses can borrow money using their liquid, current assets or their fixed assets as collateral. Our Small Business Loans are priced competitively with cash-flow loans, and come with fewer financial covenants. They can be used to secure working capital, but also to finance growth or acquisitions.
Getting the right financing can make all the difference for a smaller business. It is important that your small business lender is able to match your company’s specific needs to appropriately priced capital. It can also be helpful and cost-effective to work with a firm that not only provides specialist advisory services for small businesses, but is also able to offer financing directly – especially in situations where they can provide additional sources of capital to “fill the gap” in your required capital.
If your smaller company is struggling to stay afloat or finding it difficult to capitalize on upcoming commercial growth opportunities, know that there is new and affordable financing available despite these tough times for small business lending.
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