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A New Twist on Venture Capital.
For firms that lack the collateral and credit to attract bank financing, the Equity Companies developed GrowthCapital™, the ideal venture capital product. This product provides non-recourse capital to a business based on what it has sold and delivered, sold and not delivered, and an inventory of items that exhibit a frequency of turnover. The more the business sells, the more capital is provided.
Unlike conventional venture capital, GrowthCapital™ is much less intrusive and much less expensive. It is not debt and does not require any pledge or share of ownership. It also does not necessitate a fixed amount of payments or usage but does require those monies advanced to be repaid in a manner that fits the cash flow of the business. This product can accommodate an investment from $25,000 to $2.5 million. The cost is based on what is advanced.
The suitability of this loan requires an extensive evaluation of the current operation of the business for the past couple of years or as long as it has been in operation. If the margins of the business are adequate, this program can provide funding in 15 working days from initial submission. No appraisal or environmental report is required.
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HOW EQUINET WORKS
