Working capital is a line of credit that can be used by business owners to cover ongoing expenses. Once approved for a business line of credit, you can draw from your available credit and get funds deposited into your checking account. As you repay your line of credit, your available credit is replenished for you to draw from again.  ECG is your conduit to accessing the most competitive working capital business loans for your industry. 

Equipment finance is a common tool used by many companies as part of a business recovery program, as it can help improve cash flow and improve working capital. The equipment to be financed can range from cars used for business, trucks, mining, construction, hospital and IT equipment, just to name a few.  We have several ways we can achieve this goal for our Client.  We can also assist in getting monetization against equipment owned for businesses looking to access quick funds. 

A commercial real estate loan is a mortgage secured by a lien on commercial property as opposed to a residential property. Commercial real estate (CRE) is any income-producing real estate that is used for business purposes. This includes (but is not limited to) multifamily apartments (5+ units), buildings, industrial parks,strip-malls…etc.  Our commercial lenders span the biggest commercial lenders in the land to smaller, private financial institutions that can fund deals throughout the US and parts of Canada. 

Invoice financing is a way for businesses to borrow money against the amounts due from their customers. Invoice financing helps businesses improve cash flow, pay employees and suppliers, and reinvest in operations and growth earlier than they could if they had to wait until their customers paid their balances in full. This can be a great option for contractors who supply the government (federal or state), a large corporation that pays slowly for services rendered...etc. The business may receive as much as 90% of the total value of the invoice upfront with the remaining to paid when the full amount comes in 60-90 days later. This gives the business immediate cash availability to commence with business goals while the Factor awaits for the invoice to be settled in full.  ECG will match you with the best Factors for your industry so that you remain nimble to continue with your business endeavor. 

Our merchant cash advance loan, or MCA, is a type of short-term financing designed to deliver cash to small businesses quickly without going through a traditional credit check. An MCA is easy to access but it doesn't work like a traditional business loan. MCA financing is primarily driven by the daily/monthly deposits (the in-and-out cash flow) of the business, length of time in business—and not so much the creditworthiness of the business or the business Owner. A merchant cash advance provides funds to businesses in exchange for a percentage of the businesses' daily credit card income, directly from the processor that clears and settles the credit card payment. The company's remittances are drawn from customers' debit and credit-card purchases daily until the obligation has been met. We
form-partnerships with payment processors and then take a fixed or variable percentage of a merchant's future credit card sales.   

When it comes to merchant loans, we have the most aggressive lenders in the United States in our network, thereby ensuring you receive the best offer possible for your target.  If you are also looking to get out of a merchant loan, we have several options for you to choose from, as well. Either way, our mission is to tailor your funding needs with the best lenders for your industry in the US. 

A line of credit, or LOC, is a type of bank loan where you can withdraw up to an agreed upon amount. Many banks and lenders offer lines of credit for specific purposes. A line of credit only requires you to pay interest and fees on the portion of funds you borrow.
 A business line of credit is underwritten using the businesses' credit, assets and income. One of the reasons why a personal line of credit/loan is kept is pursued, is because it may be the only option available for a Business Owner with little to no asset, or corporate credit. Though a personal loan is something that a business owner can secure on their own, in our experience, this can result in the Owner's credit being pulled many times, affecting the overall score.  Consequently, the Owner ends up being approved for a much lower LOC, resulting in under-utilization of the overall funding that is available for that business Owner. Through our relationships, we can source several lenders concomitantly and  will be able to obtain the highest amount at the best rates possible for the Owner’s credit.  

SBA financing programs vary depending on a borrower's needs. SBA-guaranteed loans are made by a private lender and guaranteed up to 80 percent by the SBA, which helps reduce
the lender's risk and helps the lender provide financing that's otherwise unavailable at reasonable terms. SBA loans can be utilized for both business loan finance and commercial real estate finance. SBA loans are usually very competitive but the credit/equity requirements at times can be stringent. The best part is this: we will discuss all your many options with you and guide your loan to fruition. 

Credit Enhancement is a method whereby a borrower or a bond issuer attempts to improve its debt or creditworthiness. Through credit enhancement, the lender is provided with
reassurance that the borrower will honor its repayment through additional collateral, insurance, or a third-party guarantee. For most small businesses, a credit enhancement typically involves a combination of improving the personal credit scores of the Owner, while also building out the creditworthiness of the business through several methods. The result is a business owner and corporation that appear to be a fit for the funding desired. Credit is oxygen for most small businesses, thus enhancing and building out the creditworthiness of the corporation should remain a paramount goal for all small businesses. We have several relationships that can assist in this process and we will deploy all our resources so that our Client’s target is met or exceeded. 

These are loans against real estate, both residential and commercial. Hard Money lenders have lax documentation requirements. These loans are used by Real Estate Investors to quickly acquire a spec property—including commercial—to fix and flip.  Hard Money Loans are underwritten on the current and future value of the property and not so much on the Borrower's creditworthiness. They often require some form of equity (cash from Borrower) participation and plans for the rehab or modifications that will be made on the property. Fees and rates tend to be higher and terms are usually short (average 12 months) as these loans are made anticipating only the value, and usually, the future value of the property.   

Through our International Funding Sources, including private and commercial banks, as well as "hybrid" financial institutions, ECG is able to source funding for large, infrastructure projects in the areas of energy (renewable and fossil fuels), infrastructure and real estate development, among others. This is a unique, extremely competitive funding mechanism that requires bank collateral in the form of an SBLC (stand-by letter of credit) or Bank Guarantee to effectuate. We are also able to utilize a sovereign guarantee (SG) in lieu of a bank instrument on a case by case basis.