Financial Services - , , United States
Century Services (USA) Inc. has been offering our Cash Advance Programâ„¢ to distressed companies in both Canada and the USA for more than 20 years. We provide cash advances based strictly on the value of the underlying assets, regardless the cash flow, financial condition, sales history or other traditional lending metrics. We are specialists in availability, and will consider all manner of assets for funding. Century will advance against virtually any fixed assets, including plant machinery, real property, rolling stock, and other fixed assets, as well as accounts receivable and inventories of ready-to-sell items. We are a very effective short term lender, quickly making funds available for immediate use while the refinancing, turnaround or restructuring can proceed swiftly, and we're easy to payout, with no prepayment penalties beyond the minimum interest period. We specialize in lender takeouts in distressed business situations, and can assist the entire process from asset appraisal to lender negotiations, from funding to the eventual exit from our financing . Century Services provides bank takeout and other urgent funding for companies in turnaround and other distress situations. We acquire bank security positions, as well as new originations. With advances based solely on asset value, Century is not concerned with negative cashflow, broken covenants and other red flags. Century will advance against ,accounts receivable, machinery, equipment, real property, rolling stock, manufacturing facilities, inventory, and virtually all other hard assets. Terms, proposals in 48 hours, closings in 2-4 weeks. Deal size $500,000 to $20 mil.