Huntington Beach, CA Huntington Coast Capital secured $750,000 in credit for a company in the trucking industry. The financing was a combination of a $250,000 term loan and an asset based equipment line of credit to be used as needed for new purchases. Like most of our clients, they were growing quickly and needed more money than their existing bank could extend on its own. Through our network of lenders we were able to combine two separate asset based loan programs to meet the funding needs of the company.
The term loan is set at $250,000 while the line of credit will grow with the demand the company is experiencing. Having the right funding partner makes all the difference. Could your business use and equipment loan or asset based loan to reach the next level? If so, we would like to speak with you.
To your success!
Huntington Coast Capital, Inc.