Assets used to collatoralize commercial finance loans include:
While qualifying for financing is generally easier for large, well established companies, some small businesses can qualify for commercial financing from the Small Business Administration (SBA). The SBA may provide either financing or insure a lender who takes a risk on a smaller company to provide commercial finance.
Businesses can also seek the assistance of Commercial finance advisors in the structuring and sourcing of commercial finance.
CIT Group, a global commercial finance company, has provided a $39 million senior secured credit facility to Baird Capital Partners to facilitate its acquisition of ATP Engineered Rubber and Plastics Group and KW Medical Specialties Group to form MedPlast (www.medplastgroup.com).(Acquisitions, expansions)
Jun 01, 2008; CIT Group, a global commercial finance company, has provided a $39 million senior secured credit facility to Baird Capital...