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1% - 3% Lines of Credit - Revolvers
At JTB Associates, LLC, we offer lines of credit priced between 1% - 3% prorated every 30 days. Companies only pay interest on what they use.
Unlike other financing sources, the lending facility is based on contract committments, and progressive billings. The borrower obtains funds upfront BEFORE they perform work or bill their customer. This is unlike factoring. (which only lends based on invoiced amounts, and specific performance billed.
Our lending criteria for this product is based on past performance of company fullfilling contracts and committments, and is excellent financing for those needing funds to expand and go after bigger projects with confidence.
Typical industries include, but are not limited to; medical, security, information technology, manufacturing, contractor/construction, or any industry where there is a government or private sector contract
Contract Financing - Revolving Lines of Credit Information:
• Government and Commericial Contracts;
• Bonded and non bonded contracts;
• Minimum loan amount is $100,000, with no maximum;
• Full financial package Needed
• Company projections helpful, as approvals based on future committments
• No personal guarantee requirement
• We can lend against projected Medicare/Medicaid receivables
To learn more about revolving lines of credit, call us to assess your company's fundability based on available product/service committments.
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JTB Associates LLC CPA is an
Illinois based certified public accounting and business consulting firm. JTB Associates CPAs provides core accounting services, like payroll, and funding solutions, such as leasing, raising business capital, unsecured lines of credit, merchant loans, merchant advances, and vendor financing programs. Our services transcend accounting to building, raising, obtaining working and expansion capital for start up and established businesses. JTB is nationwide, local area is Illinois communities like Serving the Chicago metropolitan
area Northbrook,Grayslake,Wheaton,Naperville,Skokie,Oak Brook,Springfield,West Chicago,Rolling Meadows,Oakbrook Terrace,Crystal Lake,Wilmette,Highland Park,Gurnee,Libertyville,Elgin,Elkgrove Village, Elmhurst . JTB Associates, LLC is a Certified Public Accounting Firm and Business Consulting Firm based in Chicago, Illinois.
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