Each and every day we seek to serve our clients as a flexible and transparent financial partner. Today, we’ll explain how flexibility is the second leg of the Parabilis value stool.
There are five ways small business government contractors benefit from our flexibility:
- If you need more money than you thought, we can quickly increase your line of credit after a contract win. A bank would likely take months or even wait until you send audited financials at the end of the year. This could cost you valuable time, or even risk costing you the contract! As long is the contract is in hand, we’ll increase your line within days.
- We have no minimum borrowing requirements. If you have a million-dollar line of credit but one month you only need $100,000, that’s no problem. We can even decrease your line if you so desire.
- We don’t have strict financial covenants, ratios, or hurdles in our loan agreements. You don’t have to worry about being dropped as a client because you missed a target.
- We work at your speed. If you need money faster than you thought, it’s no skin off of our back. Once we collect your documents and application, we can have you up and running in as little as one to two weeks.
- Our pricing is flexible. Our goal is to work for you and your business. Pricing varies from business to business based on the industry and the contracts, that being said we are happy to find a solution that works for you.
Our goal is to help you succeed by tailoring our product to you and your business needs. We’ll be as flexible as possible to ensure that this happens.
Contact us today to learn more about our flexible lines of credit.