230 Peachtree St NW, Atlanta, GA 30303       

info@actioncapital.com  |   404-524-3181

© 2018 Action Capital

COMMERCIAL FINANCING

Factoring or Financing Credit Facilities from $50,000 to $7,000,000. Action will commit capital up to 90% of the value of our clients' qualified trade receivables. Service companies and government contractors that meet certain criteria can also receive capital availability on earned but unbilled revenue, assets that arise when a client has performed work but has been unable to bill for it because of a requirement by the client's customer for periodic (i.e. monthly) invoicing. Clients who are seeking to protect or enhance a key vendor relationship may establish a supplier payment facility alongside the factoring or financing facility. 

Clients submit draw requests to Action on an invoice assignment form. Draws may be made as often (or infrequently) as required at our client's discretion, and Action processes the draw requests on the same day that we receive them. Customer payments are routed through the Action lockbox, and cash receipts are processed and posted by the Action operations team.  Receipts automatically pay down the line of credit. The reserve portion of each invoice (the invoice value minus the advance rate) is released to our client when the payment on the invoice is received. Other notable commercial financing terms include:

  • No origination, termination or treasury fees

  • No minimum use requirement

  • Same day credit for receipt of funds (i.e. no float days)

  • Next day release of reserves

  • Interest billed monthly in arrears

  • Interest charged on average net amount borrowed

  • Web Based Reporting

  • Additional reporting tools for high balance lines

  • Supplier Payment Agreements

  • Financial Support Letters

 

ASSET BASED LENDING

Ledgered Lines of Credit based on accounts receivable up to $7,000,000. The ledgered line is designed for clients that expect to maintain excess borrowing availability. Clients submit invoices to Action as they are billed, and Action sends a daily borrowing base to the client listing the total accounts receivable balance and the net availability for borrowing. The client can then borrow through submission of a funding request at its discretion. As in the Commercial Financing line, Action will commit capital up to 90% of the value of our clients' qualified trade receivables and can provide additional tools such as a supplier payment facility. Customer payments are routed through the Action lockbox, and cash receipts are processed and posted by the Action operations team.  Receipts automatically pay down the line of credit, and the reserves on each invoice are also applied to the line. Other notable ledgered line terms include:

  • No standard origination, termination or treasury fees

  • No standard minimum use requirement

  • Same day credit for receipt of funds (i.e. no float days)

  • Interest billed monthly in arrears

  • Interest charged on average net amount borrowed

  • Web based reporting

  • Additional reporting tools for high balance lines

  • Supplier Payment Agreements

  • Financial Support Letters

 

GOVERNMENT CONTRACTOR FINANCING

Accounts receivable and earned but unbilled lines of credit on federal, state or local government prime or subcontracts up to $7,000,000. Government contract financing is a significant part of Action's 60 year heritage. We have developed expertise and standardized procedures that allow us to support clients billing under a wide variety of contract types. Action's portfolio teams are experienced in managing the assignment of claims process for federal contractors and can also manage key treasury functions like escrow arrangements to support teaming agreements on subcontracts. Action provides support letters to clients to strengthen their bids for new contracts and can introduce consultants or other financial resources in our network to problem solve with clients during government audits or when other complicated contractual situations arise. Other notable government contractor line terms include:

  • No standard origination, termination or treasury fees

  • No standard minimum use requirement

  • Experienced team managing assignment of claims process

  • Support letters for qualified contract bids (no cost)

  • Available Escrow Agent service

  • Same day credit for receipt of funds (i.e. no float days)

  • Interest billed monthly in arrears

  • Interest charged on average net amount borrowed

  • Web based reporting

  • Additional reporting tools for high balance lines