WORKING CAPITAL LOANS
Available for whatever you need, when you need it.
Working capital loans can help you pay for everyday business expenses such as rent, payroll and debt payments. We offer both unsecured and secured working capital loans. With unsecured loans, how you use the cash is up to you; approval of the loan is not conditional upon the uses for the loan. For example, these short-term loans can also be used to cover unexpected losses, increased expenses, new employees, relocation of an office – whatever you need, when you need it.
Regents’ Working Capital Loans, both secured and unsecured, are excellent for covering unexpected losses, taking advantage of last minute supplier discounts or whatever else is needed. With affordable rates, flexible terms and rapid funding available, Regents’ clients often incorporate these structures into their larger funding portfolios.
Features & Benefits
Preserve Working Capital
Preserve working capital and banking lines of credit for short-term needs, cash flow fluctuations, unplanned expenses, accelerated growth and expansion – whatever you need, when you need it.
100% Financing Options
At Regents, we understand that financing may be needed for associated project costs including soft costs such as installation, design fees, software, delivery, training, etc. – costs that many banks cannot or will not cover.
Tax Benefits:
Section 179
Under Section 179, the entire cost of the qualifying equipment may be written off the year it is purchased and put into use. The client may opt to own the equipment after the lease is up (at a low pre-negotiated price).
Lower Financing
Costs
Lower costs with no hidden charges, non-utilization fines or fees in fine print. Converting variable debt to fixed rate financing hedges against inflation and rising interest rates as payments remain the same for the term of the contract.
3 step process
Regents Capital gets you construction, agricultural, & heavy equipment financing faster
Review
We review credit application and other related materials, past transactions and current business goals.
Approval
We structure the transaction and with approval by both parties, final documentation commences.
Funding
Regents funds the Working Capital Loan and processes all invoicing and documentation as needed.
FREQUENTLY ASKED QUESTIONS
What types of equipment do you reimburse?
As an unsecured loan, Regents’ has no equipment requirements. If secured by equipment, we secure against almost any type of commercial equipment, including for example:
- Transportation – Titled vehicles, truck/trailer, aircraft, GSE, rail, marine.
- Retail, Food and Beverage – Food processing lines, industrial kitchen appliances, packaging, store build-outs, POS systems, etc.
- Manufacturing and Processing Equipment – CNC, printing presses, metal forming and stamping, extrusion, injection mold machines, waste processing, robotic, automated distribution systems, material handling, etc.
- Heavy-Industrial Equipment – Yellow iron, cranes, energy production and services equipment, construction equipment, forklifts, etc.
- Technology Equipment – Computers, servers, telecom, data centers, enterprise
software, medical equipment, test and monitoring equipment, etc.
This is by no means a comprehensive list. Give us a call at (888) 901-4207 to talk to us about your specific business equipment needs and growth goals.
What documentation do I need to provide?
In most cases, Regents only requires a completed application, current interim statement and the last 3 audited or reviewed financial statements. If available, an equipment quote will help to speed along the review process.
On occasion, if audited or reviewed financial statements are not available, we have been able to secure funding with corporate bank statements or tax returns. Approvals are granted only on a case-by-case basis.
What terms do you offer?
Regents offers flexible terms from 24 to 72 months depending on the unique business needs of each client. Seasonal (Step or Skip), Monthly and Quarterly payment schedules are available, as are longer terms depending on the type of structure and the client’s credit profile.
WHo will service our account and be our point of contact?
Effective management of all transaction processes, schedules and documentation are provided by dedicated project teams that consist of an Account Executive, Account Manager, and Documentation Manager as well as various specialists and administrative staff.