Commercial Finance Companies

Who Are Commercial Lenders

Commercial lenders lend money based on the Real Estate, equipment or Machinery (Property) value or based on Inventory, Purchase Orders or Invoices (Account Receivables). When Commercial Lenders loan money based on Purchase Orders or Invoices this is known as “Factoring”.

These organizations do not consider themselves to be Banks, Venture Capitalists, Angel Investors or Small Business Investment Companies.

How Does It Work

- Some Lenders normally charge a fee for processing the application.

- You select the invoices or Purchase orders with payments that are due within 30-90 days.

- The Lender will advance you 70-90% of the amount of your receivables immediately. The balance minus the fees are returned to you when the invoices or Purchase Orders are actually paid. Fees are usually between 1.5% and 6.5%. For example, if you have $100,000 in Accounts Receivable, you could get $70,000 - $90,000 in working capital immediately from the Lender. The other 10%-30% is returned to you minus the fee when the Purchase Orders or Invoices are paid.

- You do not need to have a good credit record in order to qualify for financing. All that is needed is the Account Receivables. The Lender does not conduct any credit check.

Below is a list of Commercial Lenders:

Organization	Description	Loan Amounts
1st Commercial Credit	Provides low interest rate lending based on Accounts Receivables.
21st Financial Solutions	Provides financing based on Accounts Receivables. Also provides other types of financing. Will pay up to 80-90% of the value of invoices upfront.
Aberdeen Funding	Provides financing based on Accounts Receivables.
ACCION USA	Provides loans to small businesses.	$5,000 - $50,000
Action Capital	Provides financing based on Accounts Receivables. Will pay up to 90% of the value of invoices upfront.	$50,000 - $2,000,000
Aero Fund Financial	Provides financing based on Accounts Receivables. Receive money within 24 hours after approval.
All Options Factoring	A Directory service that allow you to fill out a simple request form online and provides you with multiple quotes.
American Business Financing	Provides financing based on credit card merchant receipts. 48 hour approval process.	Up to $150,000
American Capital Advance	Provides advance cash based on credit card receivables and takes a small percentage of credit card transactions as payment towards the loan. No processing fees. 48 hour notification of status.	$2,500 - $150,000 quick & easy approval
American Freight Factors	Provides financing based on Accounts Receivables.
American Receivables	Provides financing based on Accounts Receivables.
Bankers Mutual	Provides financing based on Accounts Receivables. Will pay up to 70-80% of the value of invoices upfront.
Barclay Associates	Provides loans based on Accounts Receivables, Machinery, Equipment, inventory and real estate.
Belcorp Financial Services	Provides financial services to businesses small to medium size businesses in the Chicagoland area and Northwest Indiana. Provide loans based on Accounts Receivables.
Bibby Financial Services	Provides financing based on Accounts Receivables. Also provides Purchase Order financing. Will pay up to 90% of the value of invoices within 24 hours if approved.
Brookridge Funding	Provides financing based on Accounts Receivables. Must have a minimum of $25,000 in sales per month.
Buyer Zone	A Directory service that allows you to put in a quote request and get feedback from 5 Commercial Lenders.
Business Consortium Fund (BCF)	The Business Consortium Fund, Inc.(BCF), is a non-profit business development program of the National Minority Supplier Development Council. Dedicated to providing minority small busines funding.
CJM Financials, Inc.	Provides financing based on Accounts Receivables. Charge 1.75-4.5% in fees.
Creative Capital Associates	Provides financing based on Accounts Receivables. Will pay up to 80% of the value of invoices upfront. Must have a minimum of $25,000 - $30,000 in sales per month. Charge a 2-3% in fees.
DealStruck	Dealstruck focus onlending to established and new retailers. Their interest rates range from 11%-22% with a loan term of 6 months.	$350,000 - Credit $500,000 - Loans
DSA Factors	Provides financing based on Accounts Receivables.
eTrust Finance	eTrust Finance provides loans based on sales. Loans are not collateral based. Lines could extend up to 5 years.	$1,000-$1,000,000
Express Business Funding (EBF)	Provides financing based on Accounts Receivables. Invoicing and factoring services. 24 hours service.
Factor Loads	Provides financing based on Accounts Receivables. Charge 5.4-6.9% in fees. Specialize in serving Trucking Companies.
Factoring Company	Provides financing based on Accounts Receivables.	Up to $1,000,000
Factoring Quote	Provides financing based on Accounts Receivables.
Franklin Capital	Provides low interest rate lending based on Accounts Receivables.
Funding Circle	Funding Circle focus on lending to established and new retailers. Their interest rates can reach 21.29% for a loan term of 60 months.
Gateway Acceptance Co.	Provides financing based on Accounts Receivables.
GE Capital	Provides financing to industries such as aviation, energy & industrial.
Gregg Financial Services	Provides loans based on Accounts Receivables and inventory.
HCI	Provides financing based on Accounts Receivables. Specialize in serving the Health Care industry.
iBank	Provides financing based on invoices and assets. Also provides other types of loans.
J&D Financial	Provides financing based on Accounts Receivables.
Kabbage	Kabbage lends to entrepreneurs who have less than stellar personal and business credit record. It provides funding based on accounting, banking and e-commerce data. However, the loan comes high a high interest rate above 20%.	$2,000 - $100,000
Lending Club	Lending Club lends at 8% to 32% rates and with a 1-5-year loan term.	$5,000-$300,000
Liquid Capital	Provides financing based on invoices.	Up to $150,000
Marble Bridge Funding Group	Provides financing based on Accounts Receivables.	$5,000 - $5,000,000
MDS Funding	Provides financing based on Accounts Receivables. Will pay up to 70-90% of the value of invoices upfront.
Milberg Factors, Inc.	Provides financing based on Purchase Orders.
MP Star Financial, Inc.	Provides financing based on invoices.
NewTek Business Serices	Provides financing based on Purchase Orders. Provides a variety of financial solutions.
Nationwide Transport Finance	Provides financing based on Purchase Orders. Specialize in serving the Transport industry.
New Century Financial	Provides loans based on invoices. Loan limits are based on invoices.
Olympic Credit Fund	Provides financing based on Accounts Receivables. Will pay up to 80-95% of the value of invoices upfront. Receive money within 24-48 hours after approval.
Omega Fund	Provides low interest rate lending based on Accounts Receivables and inventory. Also, provides Purchase Order financing and business cash advance. Provides loan within 24 hours if approved.
OnDeck	Provides a range of loans to small businesses.
Pacific Business Capital Corp. (PBCC)	Provides financing based on invoices and assets. Receive a decision within 24 hours.	$50,000 - $3,000,000
PMF Bancorp	Provides financing based on Accounts Receivables and other business loans.
Porter Capital	Provides financing based on Accounts Receivables and Inventory.
Prestige Capital Corp.	Prestige Capital Corporation is a commercial finance company which specializes in factoring for small and medium-sized companies. Simply put, we purchase invoices from a broad spectrum of businesses whose accounts receivable range from $100,000 to $10 Million.
PRN Funding, LLC	Provides financing based on Accounts Receivables. Specialize in servicing the Health Care Staffing industry.
Rapid Advance	Has a streamlined process and quick decision cycle. Provides loans and lines of credit.
Riviera Finance	Provides financing based on Accounts Receivables.
SmartBiz	SmartBiz provides SBA Loans.
StreetShares	StreetShares is an online resource that lets entrepreneurs publish their loan request and investors compete to fund the request.
The Hamilton Group	Provides financing based on Accounts Receivables.
The Invoice Bankers	Provides financing based on Accounts Receivables.
The Small Business Authority	Requires reasonable collateral for loans as high as $10,000,000.
TranCentral, Inc.	Provides financing based on Accounts Receivables. Serve many industries.
Transfac Capital	Provides financing based on Accounts Receivables.
Transportation Funding Group	Provides financing based on Accounts Receivables. Specialize in serving the Trucking industry.
UC Factors	Provides financing based on Accounts Receivables.
US Business Finance	Provides financing based on Accounts Receivables.
USA Factoring	Provides financing based on Accounts Receivables.
Wells Fargo	Provides financing based on Accounts Receivables.
Winston Financial Group, Inc.	Provides loans based on Accounts Receivables and inventory. Low interest rate.