Friday, February 22, 2008 11:46:47 AM
based means its TIED TO THE INVENTORY..
its not a convertable ect' if hacketts goes under it doesnt mean SWVC does'
How You Benefit (being SWVC)....
Asset based lending enables you to finance your business by leveraging the equity in your current and fixed assets.
Because of our specialized monitoring of credit and collateral, we can underwrite loans that are outside the typical lending criteria of most commercial banks.
Individual attention to your business and ongoing evaluation of cash flow and assets allow you to optimize credit availability on a regular basis.
Our consistency of approach helps prevent surprises and means you can count on us to follow through.
As part of the Wells Fargo family, we offer seamless access, as appropriate, to full "life-cycle" financing - from factoring to asset based lending to bank financing.
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