Factoring program is a type of asset-based finance in which a healthcare provider accelerates its payments from insurance companies by selling its medical claims due from those carriers to the Factor. This transaction is not a loan and requires no pay back of principal, since the payment due on a purchased claim is paid directly to Factor. The Factor buys this claim in two installment payments the first of which is a large percentage of the claim's value (typically 70% – 85%) and the balance is paid once the the factor has been paid by the insurance carrier. When the Factor makes the second and final payment on the purchase of the claim, the discount fee is collected from that payment and the balance is then sent to the provider. Fees for factoring are not interest rates. The factoring fee is a discount taken on the purchase of the claim.
Easy & fast setup Customers download the free app from the app store. Customers sync to their bank account using a one-time login to their bank, Simple payment experience App automatically connects when customer enters an AeroPay store. Customer requests to pay, the business authorizes the amount, and the customer confirms total. Secure bank transfer Payment requests are verified by time and location. Transfers are encrypted and bank-to-bank transfers occur overnight.
Commercial mortgages Access loans for purchasing new property, as well as refinancing or making improvements to existing buildings. Commercial real estate (CRE) is income-producing property used solely for business (rather than residential) purposes. Examples include retail malls, shopping centers, office buildings and complexes, and hotels. Financing – including the acquisition, development and construction of these properties – is typically accomplished through commercial real estate loans: mortgages secured by liens on the commercial property.
A loan that one or more persons receive in order to buy a house or other residential property in which they will live. The loan is secured by a lien on the property; the borrowers repay it over a specified period of time. The interest on a residential mortgage is tax deductible under most circumstances.
The unique and rare beauty of fine art is what lends to its intrinsic value, and understandably why many collectors and art professionals are reluctant to secure fine art finance through hasty sales. With Art Finance, clients have alternative financial options, either temporarily releasing equity while ultimately retaining ownership and control or receiving capital in advance while we manage their asset's consignment.
Few valuables exemplify attention to detail quite like luxury watches and jewelry. Keeping true to their artistry and craftsmanship. Provides a range of bespoke jewelry and watch finance solutions, from the finest contemporary designs to unique and antique pieces.
Be it their style, story or performance, classic cars are undoubtedly their own works of art. It's no surprise their sales continue to dominate the luxury market, with a soaring 10-year value appreciation performance in excess of 330%*. This presents collectors and enthusiasts with extremely attractive means of classic car finance to quickly generate additional capital without being rushed into a sale. Our loan options enable clients to retain ownership of their classic cars, leveraging them as collateral, or clients can receive capital in advance while we carefully manage the sale of their vehicle.
Cash flow loans are based upon the cash balances with your business. These loans look at your average daily balances, deposits, average withdrawals and average revenues to help determine loan sizes and terms.
Bridge loans are named after the purpose they serve financially to small business owners: it is a loan that acts as a bridge between when you need some capital to grow or build your business up and for when you will eventually earn qualification for longer term types of financing. In essence, bridge loans are meant to be short term in nature and feature interest only payments. The time period on a bridge loan can be as short as two weeks and as long as three years, depending on the needs of the business. This is interim financing, so interest rates are often higher than long term financing options. However, bridge loans can serve as a useful financing method to enable a small business to weather the time period while better financing arrangements are acquired. An example of when a bridge loan would be used is in the Commercial Real Estate sector, a typical application of this loan type. To quickly close on a property, bridge loans are often used to ensure you don't lose out to competitive bidders. When the property is refinanced (or sold) through more traditional lending types, we are then able to offer a more conditioned round of mortgage financing with far more favorable interest rates and terms to the borrower.