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Where do business customers go when they leave your bank empty handed?
Overview
The Goldleaf LendingNetwork™ offers "outside the box" financing from a group of more than 20 of the most dedicated, responsive commercial providers in the industry. Businesses facing financial hurdles may need to use non-traditional collateral, yet they have challenges common to all businesses: maximizing cash flow, meeting payroll, continuing operations, and managing seasonal fluctuations. The Goldleaf LendingNetwork enables you to provide your customers a soft landing after being declined for a traditional line of credit at your bank.
Resource
Description
Standard factoring
Purchase of accounts receivable for a fee with up to 85 percent in advances. Normally includes full notification and collections. A good fit for companies with tight cash flow.
Asset-based lending
A monitored line of credit where the borrowing base determines the advance amount. Audits are performed regularly. Payments are sent to a controlled lockbox. A good fit for growing, yet non-bankable businesses with stable management.
Construction factoring
Purchase of accounts receivable for companies in the construction industry. Normally requires verification that work has been completed.
Medical factoring
Purchase of accounts receivable for businesses providing medical services. Includes Medicaid, Medicare, state programs, and insurance company accounts receivable.
Bridge financing
A short-term loan for temporary financing until a more permanent solution can be implemented. Collateral includes publicly traded stock, machinery and equipment, accounts receivable, and real estate.
Purchase order financing
Short-term financing for the purchase or manufacturing of specific goods that have been pre-sold by the business to its creditworthy customers.
Equipment leasing
Leasing transactions for small equipment, high-dollar co-generation facilities, telecommunications systems, and medical equipment. Available to all types of businesses.
Commercial real estate
Financing for acquisition, expansion, recapitalization, and refinancing of commercial property.
SBA loans
7(a) -- funding for acquisition, expansion, construction, recapitalization, refinancing, machinery and equipment purchases, business buyout, and working capital.
504 -- enables businesses to purchase commercial real estate, large machinery, and large equipment.
Retail factoring
Purchase of receivables via electronic commerce for small ticket consumer-related customers. Some extended terms programs are available.
Clients
The Goldleaf LendingNetwork serves businesses in these circumstances:
Considered "unbankable" by traditional underwriting criteria
After being declined for a line of credit, would your business customer go across the street to your competitor for deposit accounts and cash management services? After the business gains its financial footing, would that rejected customer return to your bank? It isn't likely if your bank fails to offer an alternative financing option. The Goldleaf LendingNetwork enables your bank to:
Retain a business's relationship without risk of loan losses
Compete for the future business of companies that do not currently meet your credit standards
Remove criticized, classified, or problems lines of credit from your balance sheet
Preserve the bank's reputation in the small business community
The Goldleaf LendingNetwork assembles a variety of commercial financing providers to accommodate businesses that do not meet your bank's traditional credit standards.
Getting Started
For more information about the Goldleaf LendingNetwork, call 800-235-5584 or
Or visit the LendingNetwork website to make an online referral.
