The most important thing is to define your goals.

ACCOUNTS RECEIVABLE (A/R) PRODUCTS
Receivables Purchase Line -

Typical facilities from $500,000 to $10,000,000 - (funds advanced)

  • Operates on availability basis with Borrowing Base

  •  Service fee on receivables

  •  Prime plus based interest fee on actual funds used

  •  Business can choose how much to draw from availability

  •  Less paperwork and restrictions than factoring

  • No restrictive covenants, no personal assets pledged

  • Flexible Invoice Factoring - Typical facilities from $50,000 to $5,000,000 (funds advanced)

  •  Discount fee only on invoices funded

  • No contractual minimum volumes

  • Fund daily or weekly as funds are needed

  • No restrictive covenants

  • No personal assets pledged

INDUSTRIES – Liked

  • Businesses selling to other businesses on credit terms of Net 60 or less

  •    High Growth, Turnaround, DIP Funding,  Family  Owned,  Workout, Startup

  • INDUSTRIES – Prohibited

  •    Commercial & Residential Construction

  •  Businesses selling to consumers

  •    Medicare, Medicaid, 3rd  Party re‐imbursement

  •    Progress Receivables

  • SECTORS

  •     Oil & Gas Service Companies

  •    Refinery & Chemical Plant  Service  Companies

  •    Printing

  •    Manufacturing

  •     Temporary Staffing

  •     Telecommunications

  •    Transportation

  •     Distribution

  •     Janitorial

  •   Government Contracting

  •   Marine Transportation

  •   Security Guard Service

  •    Consulting

TYPICAL APPROVAL PROCESS

  •  24-hour response on Letter of Intent on submission of YOUR package

  •  48-hour response after Letter of Intent returned with deposit

  •  Funding in 48 hours after approval with clear lien search

  • miles capital advisors STRENGTHS

  •    Strong capital base &  liquidity

  •   Flexibility in terms & structure

  •   Offices throughout the U.S.

  •   Rapid response

  •   Access to Executive decision makers

  •   Experience at every level

  •   Designated account executive

  •   Professionalism

  •   No hidden fees

  •   No pledge of personal assets

NEXT STEPS :
fill out contact form
request application
CONTACT EMORY B. MILES  --  

info@milescapitaladvisors.com
305.848.LION (5466)
INFORMATION NEEDED
>       APPLICATION FORM
>      Current A/R Aging
>       Current A/P Aging
>       2 years financial statements and                       current interim financials
>       Completed Application Form
>       Sample of 3 invoices with supporting

         docs  (PO,  POD etc.)
>       Company brochure, literature

we help make sure you achieve YOUR GOALS. we manage the newest products. 


request an application here

MILES CAPITAL ADVISORS 

INVOICE FACTORING,  ACCOUNTS RECEIVABLE FINANCING AND ASSET BASED LOANS FOR U.S. AND MULTINATIONAL CORPORATIONS. 

ASSET BASED LENDING (ABL) PRODUCTS 

(In Conjunction With A/R Financing)
EQUIPMENT TERM LOAN*
$500,000 to $5,000,000 senior term loan in addition to receivables facility

  • Advance rates of up to 75% of forced liquidation value

  • One borrowing base with receivables facility

  • Typically 24-month term with a balloon

  •  3 ‐ 10 years amortization

  •  Borrowing baseswith each advance, at minimum monthly

  • Loans typically against used equipment

  •  INVENTORY REVOLVER*

  • $500,000 to $5,000,000 senior revolver (in addition to receivables facility)

  • Advance rates of up to 75% of net orderly liquidation value.

  • One borrowing base with receivables facility

  •  24-month maximum term -­‐ renewable

  • Flexibility - multiple advance rates on different types of inventory within one borrower

  •  No cap on inventory as a percentage of receivables outstanding

  •  TYPICAL SECTORS (With Examples)

  • EQUIPMENT


our target market industries

  Manufacturing (CNC Machines, Plastic Extrusion, Wood Machinery)
  Industrial (Oil/Gas, Bottling/Packaging, Mining, Mills)
  Distribution/Logistics (Forklifts, Shelving/Racks, Scales, Conveyors)

 Yellow Iron (Demolition, Agriculture, Earth Moving)
  Rolling Stock (Trucks, Trailers, Fleets)
  Food Production (Canning/Bottling, Cooking/Freezing, Line                          Processing)
INVENTORY
Agriculture Products - (Fruits & Vegetables, Canned Goods, Frozen Foods)
Industrial Products - (Machined parts, Lumber)
Consumer Goods -  (Apparel, Furniture, Household Items)
Collectibles -  (Car collection, Jewelry, Art)
Health & Beauty - (Cosmetics, OTC Drugs, Prescription Drugs)
In Transit – On the water  (Goods  in Transit)
Equipment/Inventory Financing only available in conjunction with A/R facility
ADVANTAGES :
Combined facility
Flexibility in terms & structure
One single borrowing base
Live web-­‐based reporting
No pledge of personal assets
Covenant free facility
Lockbox expense PAID by our lenders
No hidden fees
Credit management & department at no cost
No time-consuming pro forma financial statements, budgets, etc. imposed  on client
Strong capital base & liquidity
Local BDOs available

UA-57797915-1