The equipment leasing market is a fast growing segment of the commercial lending market in Spokane. All companies must invest in equipment to grow their business and to improve their company’s overall efficiency. Equipment financing or leasing is an ideal way for corporations to purchase new equipment without investing a significant amount of capital upfront.
Accounts Receivables Factoring:
With the challenging economic environment, Accounts Receivable Factoring has become an important option for many small and medium companies. By offering Accounts Receivable Factoring services, we can help you alleviate short-term cash flow shortages by enabling you to use your Accounts Receivable as security for short-term lines of credit or cash.
SBA provides loans for people who are looking to start a business or expand an existing business. SBA participates in a number of loan programs designed for business owners who may have trouble qualifying for a traditional bank loan.
Business Lines of Credit:
A Business line of credit is offered like a credit card for businesses for a lot of different reasons. A business will have a predetermined amount of credit with one of our banks and can use it over time as needed for working capital. Collateral is not usually required unless the business has poor credit when they apply. The amount issued for a business line of credit depends on the business's credit rating and cash flow.