Asset Based Lending and Factoring Solutions
Our mission is to provide clients with the means to achieve financial success. We take a collaborative approach to our relationships and hope to be a trusted partner to our borrowers. We are experienced in providing financing to businesses in the startup, growth or restructuring stage.
HOW IT WORKS
Log in to Coeur's web-based platform and select the specific invoices you want to finance, or ledger all open accounts receivable. Draw against your selected accounts receivable or eligible earned but unbilled revenue.
Use the proceeds of your financing draw to invest in your business: start new contracts, hire additional employees, purchase supplies and materials or provide credit terms to new customers.
Coeur will support you as your company grows. Coeur's financing solution can expand as your business needs evolve.
OUR FUNDING SOLUTIONS
Ledgered Lines of Credit
Coeur’s most flexible financing solution. Designed like a bank line of credit, clients make discretionary draws against their outstanding accounts receivable and receive an interest statement monthly. Designed for mature companies that do not draw against all open accounts receivable and those that have worked with a bank or wish to refinance with a bank in the future.
Coeur’s most aggressive cashflow solution. Clients can accelerate their cashflow by financing invoices through Coeur’s invoice factoring program. Coeur's underwriting is based on the financial strength of their client's customers / contracts and enabling Coeur to approve prospective companies with limited operating history and those that have faced periods of financial stress. Designed for companies that are startups, high growth, or are restructuring.
Unbilled Revenue Financing
Eligible as an add-on to Coeur’s Ledger Line of Credit and Invoice Factoring program, clients can draw against completed work that has not yet been billed. Designed for government contractors and services businesses whose contracts only allow them to bill once a month.
Coeur’s Transportation factoring program is run through its affiliate CCT Factoring. CCT's transportation factoring program utilizes high advance rates and fixed fees to keep carriers running without the hassle of billing their invoices. Designed for all carriers.
What Our Clients Say...