CFG is not obligated to consider any proposal or
request - No oral representations made - Products
and Services may not be available in all areas and
are void where restricted or prohibited by law.
Other conditions apply.
  Asset Based Loans










Working capital financing . . .  even when
your bank says No.

Asset-based lending is typically "secured" financing,
which means there are assets within a business to be
used as collateral such as
Accounts Receivables
Inventories
Machinery and equipment
Real Estate (land or buildings)

Many times, companies that require asset-based
financing have the assets to obtain traditional financing,
but are too leveraged to qualify.

The benefit of asset-based lending is usually far greater
borrowing power than can be achieved from a traditional
"cash flow" based banking approach.



"Call us today to see if Asset based lending is right for
your business. No pressure   . . .  just my sincere effort to
help you."

Call Today 1800-928-6154
                                   
                             Financing Options

Trying to obtain traditional bank financing for your business can be time-consuming, frustrating, and complex. Banks and traditional
lenders require an established credit history, cash flow, and profitability before they will consider providing a business loan to you. In
addition to securing all your assets as collateral, banks require compliance with stringent loan covenants which are often restrictive
and difficult to maintain. They rely on your past and present ability to repay the business loan but do not usually look to your future
when making the financing decision.

Cohen Financial Group focus on your potential when extending you a line of credit. We look past your current balance sheet and look
to your future success when making our financing decision. CFG provides business loans to entrepreneurs when other financing
sources are unavailable or inadequate. We provide working capital to relieve payroll stress, purchase equipment and inventory, take
trade discounts, and provide the opportunity for your business to grow. CFG offers five types of business financing solutions:  

Accounts Receivable Financing

Using accounts receivable as collateral, clients can assign and borrow against all eligible outstanding accounts receivable.


Inventory Financing

Along with accounts receivable financing, clients can obtain financing against specific types of inventory including raw materials, work
in progress, and finished goods for seasonal inventory builds.


Equipment Financing

Along with accounts receivable financing and inventory lines of credit, clients can obtain financing against existing capital equipment
or can obtain a capital expenditure line to purchase additional capital equipment.


Technology Financing

Designed specifically for emerging technology companies that may lack sufficient operating results for traditional financing, our
technology finance loans allow companies to obtain growth financing with limited to no equity dilution

Business Financing Options - Accounts Receivable Financing


An accounts receivable line of credit is established to accelerate cash flow, whereby advances are made against accounts
receivables. The rate of advance on accounts is generally between 75-80% of the accounts receivable balance.

For example, a borrower submitting $500,000 of accounts receivables prior to noon on a given day would expect to receive an
advance of $400,000 by noon the following day, based on an 80% advance rate.

As collections are received, proceeds are credited to the loan balance. For example, if a client had borrowed $400,000 against
$500,000 in assignments, he would expect to receive $100,000 as a refund upon submitting the $500,000 payment to CFG

Our loans are set up in a self-liquidating fashion. Advances are based on products shipped and/or services rendered to creditworthy
customers with loans paid down as cash collections are received.

Business Financing Options - Inventory Financing


Inventory financing is provided in conjunction with accounts receivable financing, with the accounts receivable portion as the primary
component of the facility. Inventory financing is provided to assist you through the process of purchasing, processing, and converting
your inventory into salable goods.

Advance rates on raw materials and finished goods vary between 20-50% of cost, depending on the type of inventory.

Business Financing Options - Equipment Financing


Equipment financing is provided in conjunction with an accounts receivable financing, with the accounts receivable portion as the
primary component of the facility. CFG provides equipment term loans to finance existing capital equipment or to purchase new
capital equipment.

Advance rates on equipment financing is determined on a case by case basis and is dependent on the specific equipment being
financed. Formal appraisals are generally obtained to determine the approximate value of the equipment.
______________________________________________________________________________________________________

Tips for Qualifying for the Loan
By John Cohen

Guide to Applying for a Business Loan from a Bank, Investor, or Cohen Financial Group
What banks need to see before they'll hand over the dough


Every business needs available funds to operate, whether you're paying for raw materials or expanding into new markets, but banks
and other financial institutions won't just hand over money because you smile nice. You need to show the bank that your business is
well-run and well use the funds to achieve your goals. By preparing yourself properly, you can:
Show the bank how the funds will be spent and what level of return you expect.
Prove that you're a trustworthy recipient who has good-standing in the community.
Lay the groundwork for future requests.

Action Steps

The best contacts and resources to help you get it done

Write a business plan

You might already have a general business plan that covers everything from the initial store layout to eventual world domination, but
the bank wants to see how its funds will improve your business.

I recommend: Follow these five writing tips from SCORE (Service Corps of Retired Executives) for a business plan that includes
everything a banker wants to see, with nothing extra that might be distracting.

Prepare your paperwork

The bank will want to know how you're going to repay the loan, which means that you'll need to have your financial documents in order
for review. The bank will also review these papers to see how well you've handled money in the past and whether you keep good
records.

I recommend: As this repayment analysis from business incubator Gaebler Ventures explains, you'll need to show personal and
business tax returns, personal finance statements and cash flow records.

Know your loans

Loans come in many different flavors so ask for the one that works best for you. (Your banker might have a different opinion, after
reviewing your records, so take his or her advice under consideration.)

I recommend: The basic types of loans are term loans (paid monthly), short-term loans (for a year or less), equipment financing, and
open lines of credit (in which you take out money as needed up to a maximum amount per year). You can also borrow through Small
Business Administration (SBA) loans at regular lending institutions.

Discuss dollars

Once the banker feels that your business is a good loan candidate, you'll start to negotiate the details of the loan.

I recommend: Ask the banker questions about all the topics related to the loan: the amount you'll receive (which isn't necessarily what
you wanted), interest, repayment terms, loan fees, restrictions on the funds (such as being used for new equipment and not for labor
costs), and your responsibilities as a borrower. Take notes and make sure you understand all of the agreement.

Apply online
Ideally you'll apply for (and receive) a loan from a local banker since ties to the community will likely work in your favor. In case that's
not possible, you can consider applying for a business loan through an online company.

I recommend: BusinessWeek, for example, has an online loan application for currently operating businesses that takes only a couple
of minutes to complete. The application will be sent to multiple loan suppliers.
Tips & Tactics
Helpful advice for making the most of this Guide

Make an appointment with a loan officer in advance. Don't simply walk into the bank with a stack of documents.
Approach local institutions first, particularly those with which you currently have accounts. Those banks already have access to your
records, so they can possibly review your application more quickly.
Don't ask for the moon. Banks often have limits (either dollar amounts or a percentage of your annual revenue) on the amount they'll
lend a first-time applicant.
CFG specializes in providing asset
based business loans from $100,000
to $5 million to companies with
revenues of $1 million to $60 million.
Asset Based Lending
Call Today 1-800-928-6154                
   
Who benefits from Asset-based lending?

Companies experiencing rapid growth
Highly leveraged companies
Companies with a short operating history
Turnaround situations
Companies with negative cash flow
Companies with past losses
     Cohen Financial Group