Working Lines of Credit:
Southeastern Commercial provides working capital lines of credit from $250,000 up to $2,000,000, with the ability to establish lines up to $5,000,000 on a select basis. Lines of credit are structured on a revolving basis, with borrowing availability fluctuating with the value of current assets. Increasing sales volume and current asset turnover allow for greater borrowing capacity as the business grows.

Industries Served

• Manufacturers
• Distributors
• Service Companies
• Furniture Manufacturers
• Textiles
• Transportation
• Temporary Services
• Other (firms that generate ongoing Commercial Accounts Receivable)

Advantages to the Borrower

• Pricing tied to loan usage; easy to understand.
• Provides a funding source for increased sales growth.
• Creates the capability to stabilize cash flow seasonality.
• An attractive substitute for raising additional capital.
• Provides the ability to take advantage of Supplier Discounts.
• No financial covenants.
• Minimal contact with Borrower's customer base.
• Expertise in financing the import trade cycle.
• Computerized accounts receivable and cash management.