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The provision of short-term financing for working capital purposes, this loan to the company would be collateralized by a security interest in a company's accounts receivable. Accounts receivable serve as the primary collateral, and loans are made on a percentage of eligible assets pledged. Core Capital typically extends capital via revolving line of credit of up to 80% of the face value of eligible receivables.
When a business chooses to lease finance equipment, the cost of the equipment is spread over a multiple-year term — keeping more working capital liquid to fund investments such as additional payroll or facility expansion. The business has the equipment when it is needed, rather than waiting until cash is on hand. In addition, the equipment vendor benefits as well—with a shorter sales cycle and 100 percent cash up front. Core Capital has strong relationships with major equipment vendors across a wide range of industries.
In its simplest form, an exporter requires an importer to prepay for goods shipped. The importer naturally wants to reduce risk by asking the exporter to document that the goods have been shipped. The importer’s bank assists by providing a letter of credit to the exporter (or the exporter's bank) providing for payment upon presentation of certain documents, such as a bill of lading. The exporter's bank may make a loan to the exporter on the basis of the export contract. Core Capital typically uses Trade Finance in order to facilitate energy trading.