BPF has been helping companies overcome their financing problems and obtain aggressive new business loans and acquisition financing since 1992. We have resource to open the doors of financial institutions to help clients quickly obtain their business loans – from $100,000 to $10 million and more.

Accounts Receivable Financing and Factoring

All businesses, whether they sell merchandise or perform a service, usually must wait 60-90 days to get paid after they send an invoice. This usually creates a severe cash flow shortage in their business. We will be able to provide a line of credit for you, so they have as much cash flow as the business needs, so they pay suppliers, payroll, rent, etc., each week. We can do start-ups or established businesses.

Equipment Leasing

This is by far the largest growing segment of financing in the country. This year, it is estimated that Canadian companies will finance more than $30 billion of equipment. Rather than a company having to pay cash for new equipment and drain valuable cash reserves, they can finance the equipment with “no money down.” We not only will work with the customers, but also with the companies or vendors that sell the equipment.

Sale and Lease-back Programs

Companies are always looking for additional working capital. Many of them have a lot of money sitting in their business that they do not even know exists. We will be able to take the existing equipment they own, finance it so they have working capital, and give them low monthly payments to pay back the loan. This type of loan is called sale and lease-back. It’s simply refinancing equipment they own.

Business Acquisition Financing

With the current business economy, there are many opportunities for healthy companies and individuals to acquire other companies at bargain-basement prices. We help you to acquire companies by leveraging or refinancing the assets of the company they want to acquire. In simpler terms, they can buy the company with the company’s own money, while expending very little cash of their own.

Debt Restructuring

Many companies today are strapped with high monthly payments for different loans they have acquired over the years. We will be able to refinance all of their loans into one convenient loan, and arrange one low monthly payment. In most cases, their monthly payments are reduced by 30% or more.

Commercial Bridge Loans

Many times a company is approved for a loan at their bank or financial institution, but the loan will not close for 4-6 months, and they need the money sooner. During that time, We can provide a short-term or “bridge” loan, which is paid when the senior loan closes so they can satisfy their capital needs immediately. We can also provide loans to businesses that have run into hard times and need some working capital, pay tax liens, or for any other purpose.

Medical Practice Acquisition Financing & Working Capital Loans

We can provide financing to medical professionals (doctors, dentists, veterinarians, etc.) to acquire existing medical practices. Each year thousands of medical professionals retire and sell their practices.We can provide the financing up to $2,000,000 for medical professionals to acquire these practices, and in most cases, with no money down.

We also can do loans to medical professionals to finance their existing equipment. Additionally, We will also be able to provide working capital, signature loans up to $250,000 that can be used to upgrade their facilities, expand their practice, update equipment, pay taxes or for any purpose they want.

Specialty Truck Financing

Specialty trucks are trucks that do things (as opposed to deliver freight); dump trucks, cement trucks, cranes, fuel trucks, construction vehicles and equipment (with treads), bulldozers, back hoes, wheel loaders or just about any type of equipment called “Yellow Iron”. With the boom in construction and national disasters we have been experiencing this past year, the demands for this equipment is staggering. We can finance these equipment quickly.

Easy Pay credit card advances

Any business that deals with the public accepts credit cards. And most of these businesses need “opportunity” money from time to time. Now they can get it, regardless of their credit score, with a one page application and approvals in 48 hours. No tax returns. No asset documentation. No personal Guarantees or financials. Most important the repayment process is variable and works in your favor. If you do less business one month you pay back less money. It’s a sliding payment scale that makes it “Easy to Pay”. Here’s how it works. We will be able to advance up to 120% of a business’ monthly credit card receipts. If a business does $100,000 in credit card receipts each month We can advance them up to $120,000. Easy! They can use it to buy needed equipment, to hire new employees, to remodel or for anything they want. Each month the repayment is automatically deducted from the credit card receipts of the business. This, in fact is, not a loan. It’s an advance from the lenders who are “banking” on the fact that the business is going to be around for a while and that they can therefore be easily repaid out of “future” credit card receipts.

Call 416.222.2909 if you need to use any of these services.