Contract Financing
Our Contract Financing Program Allows You to Quickly Access Needed Capital
Progressive Commercial Financial’s contract financing program is one of the most innovative in the banking industry. It is a great alternative for businesses that meet specific requirements, and is substantially less expensive than equity. Each transaction is custom designed in accordance with our client’s needs. Our process enables you to tap the maximum amount of capital immediately from existing contracts and those under negotiation; you don’t have to wait until incremental payments are received.
Terms and Conditions
This program is best suited for businesses that meet certain criteria, and is ideal for startups and quickly growing companies. In order to be eligible for funding, deals must be valued at least $1 million. A credit rating of investment grade or near investment grade is also required. Equipment must be a component of the service contract and ongoing maintenance contracts are not eligible.
Applicable Industries
There are numerous industries and company types that are a good match for Progressive Commercial Financial’s contract financing offering. A partial list includes:
- Technology, including breakthrough technologies and processes
- Communications
- Entertainment
- Waste management
- Water Purification
- Medical
- Retail
- Banking
- Education
- Municipal
Contact Us Today
If you have questions about are contract financing program or your business meets the above requirements, we would love to further discuss your needs. Please contact us today to speak with one of our representatives.