Supporting Small Business
Funded to small Businesses
We are business owners and understand the importance of strong and reliable financial partners. Companies need partners that add value, provide top notch customer service, and take the time to understand their business. Here at GillmanBagley we pride ourselves on being that partner. We are a leading provider of invoice financing and asset-based lending to small businesses and lower middle market companies. We offer financing solutions that allows companies to access working capital by leveraging their business assets.
We provide guidance and support to a variety of industries, including niche businesses that require a creative approach to funding.
Invoice Based Line of Credit
An invoice-based line of credit is a hybrid of both invoice factoring and asset-based lending. The aggregate amount of invoices your company has is used to secure the line of credit.
Instead of waiting for 30, 60, or 90 days for payment, you can sell invoices and get paid on the day you complete the service/sale. You can receive up to 95% of the total invoice value and when your customers repay their invoices, the advance is repaid, including a small transaction fee.
Asset Based Loans
Asset-based lending is a financing solution that uses your company's assets such as invoices, inventory, and purchase orders as collateral to secure a loan. These assets determine the amount you can borrow, rather than the traditional loan which is based on cash flow and credit.