2320 Haverford Road | Ardmore, PA 19003 | 610.658.9700

 
o Corporate Update
o Funding the Transition
o The Complete Life
   

 

 
 

Corporate Update

Effective June 1, 2006, Business Credit Partners, LP (“BCP”) purchased the majority of the assets of Mercantile Capital/Mercantile Business Credit. We are also pleased to announce BCP has closed a new line of credit with Textron Financial to facilitate the ongoing growth of our asset-based loan and factoring portfolios.

We continue to be a ready source of asset-based loans and receivables purchase lines of credit for commercial borrowers seeking working capital facilities of up to $3 million.

Business Credit Partners will continue to be responsive and creative in structuring financings for your clients.


"The diversity of our new and existing clients reflects the effectiveness of BCP's transition focused funding."

 

Sharon Altman
(610) 658-9700 x112
e-mail:
saltman@bcpfunding.com

 Nick Coder
(610) 658-9700 x121
e-mail: ncoder@bcpfunding.com

 Randi Hershgordon
(610) 658-9700 x117
e-mail: rhershgordon@bcpfunding.com

 Joe Klinger
(610) 658-9700 x115
e-mail: jrklinger@bcpfunding.com

 Jim Pierce
(302) 947-4498
e-mail: jpierce@bcpfunding.com

 Chuck Strong
(610) 658-9700 x107
e-mail: cstrong@bcpfunding.com

 

Funding the Transition

In the fast paced business world, often times there is an immediate need for a cash infusion, and BCP stands ready to help. We are a company whose sole purpose is to satisfy our clients' funding needs.

The diversity of our new and existing clients reflects the effectiveness of BCP’s transition focused funding. In other words, when a company finds itself at a stage that requires a source of funding that can quickly increase working capital borrowing availability, a working capital facility can be structured to fit the specific needs of the client.

This flexibility enables the business owner to complete the transition of his or her company from start-up to sustained growth, from unprofitable to profitable and/or from being solely reliant on shareholder financing to a more diverse funding base.

 BCP’s working capital lines allow assets employed in the business to generate the financing required by the business. In this way, whatever might be the objective of the client’s business transition, the funding available corresponds to the asset growth forecasted to be achieved.

Should the growth be quicker or greater than anticipated, the working capital facility can be adjusted to fit the expanded revenues expected to be generated. Once the transition objective is achieved, BCP’s job is largely completed and our clients realize an opportunity to further expand and diversify their sources of funding through commercial banks, mezzanine lenders and private equity investors.

 

Y Be Born
Y Play Ball
Y Get Married
Y Have Kids
Y Refer Deals to BCP
Y Life is Good!
 

This email update is intended to keep you advised (and in some cases amused) as to the current activities of Business Credit Partners, LP and the small business lending market generally. Should you not wish to receive future emails from us, please email jpierce@bcpfunding.com and you will be deleted from our send list.

 

About Business Credit Partners, LP

BCP provides asset-based revolving lines of credit and receivables purchase facilities to a wide variety of small business manufacturers, distributors and service providers whose initial funding requirements are $3 million or less. BCP can also provide or arrange funding against machinery and equipment or real estate. Please contact Jim Pierce at 302.947.4498 (jpierce@bcpfunding.com) or
Sharon Altman at 610.658.9700, x112 (saltman@bcpfunding.com).

©2006 Business Credit Partners, LP. All Rights Reserved.

 

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