Partners / Affiliates

Providence capital also offers array of financing services that is designed to help your business grow.  We have extended our services and support by partnering with industry leaders to provide additional products and competitive programs.

We offer a diverse range of lending products designed to accommodate an equally diverse range of companies and their needs.

Each of our loan products is aimed at enhancing immediate cash flow while allowing business owners the opportunities to grow their businesses. Our array of products and services includes:

Middle Ticket Leasing

Together with our new partners, we now offer middle ticket services for equipment financing from $150,000 to $5,000,000.  Our affiliation with nationwide banking institutions allow us to specialize in transportation assets including tractors, trailers, containers, forklifts, construction, mining and high technology equipment.  We provide terms from 6 months to10 years with flexible terms.

Our strength is in our ability to structure a transaction to meet our customers' needs versus a structure which only satisfies the financial institutions' needs.

Accounts Receivable Financing

We help clients bridge cash shortfalls by providing working capital secured by eligible accounts receivable, as well as financing foreign and government accounts receivable.

Equipment Refinancing

For clients seeking to update their equipment, expand product lines or improve their cash flow, we will refinance loans and/or leases on company capital equipment.

SBA Loans

  • SBA Express loan
    • Offers term loans and lines of credit up to $150,000.
    • No Business Plan required for most businesses.
    • Quick process.
  • SBA 504 Loan Program
    • Provides long-term, fixed-rated financing for major assets such as owner-occupied land, buildings, machinery or capital equipment. Offers financing on total projects up to $5 million (combination of bank, SBA and borrower funds).
    • Low fixed-rate loans with terms up to 20 years.

Loan type

SBA Express

504 Loan

Description

Uses lender documentation; minimal SBA documents required

Long-term fixed asset financing

Maximum loan amount

$150,000

Total project cost up to $5 million (combination of bank, SBA and borrower funds)

Use of proceeds

Working capital, inventory or equipment

Real estate, land, long-term equipment, construction or renovation

Maturity

Two options; 3-year revolving line of credit, convertible to 4-year term loan; or a 7-year term loan

10 to 20 years

Maximum interest

Not to exceed 6.50% over the prime lending rate
Fixed or variable rates

Current market rate for 5- and 10-year treasury issues plus increment

 

FOR A FREE CONSULTATION CALL US AT 800-341-1288


Providence Capital  -  3020 Saturn Street   -  Suite 203 -  Brea CA 92821  -   Phone 800.341.1288  -  e-mail providence

© Providence Capital  2005