Most importantly, we consider management s ability to guide the company and realize its potential. People s offers competitive and creative financing packages tailor made to meet the needs of your ever changing business. Back to Top Working Capital Line of Credit Revolving loans that support growth and cash flow fluctuations. Formula advances are primarily based on accounts receivable, inventory and other collateral. Committed facilities provide ready access to funds when needed, without the inconvenience and delay of a credit approval for each advance.
Loans have terms from one to three years.
Support Loan Revolving loans with formula advances that support seasonal inventory and accounts receivable growth through your business cycle. Back to Top Acquisitions Leveraged, management or third party buyouts where we fund the majority of the purchase with loans supported by the assets of the purchaser or the acquired business. Back to Top Term Loans Business term loans are loans payable over a period of one to seven years and are generally paid in monthly or quarterly installments. Term loans are normally used to finance the purchase of fixed assets such as machinery, equipment, real estate or business acquisitions.