Project Scenarios

Business Needs

  • Higher level of accounts receivable

  • Inventory financing to support sales increase

Lending Institution     $75,000 (47%)     Line of Credit, Annual Renewal

NETEDC                      $75,000 (47%)     2-5 Year term

Company (cash)          $10,000 (6%)      New money in business in last year

TOTAL                         $160,000

Business Purchasing Equipment

  • Lender requires 20% down

  • Business is only 3 years old & has cash tied up in company

Lending Institution     $100,000 (50%)    Lenders sets rates, term & fees

NETEDC                      $85,000 (43%)     Up to 7 Year term

Company (cash)          $15,000 (7%)      

TOTAL                         $200,000

Business Constructing Building

  • Business moving into a new and larger facility. Already own land.

  • NETEDC provides a take-out commitment and lender does construction financing

Lending Institution     $570,000 (71%)    

NETEDC                      $150,000 (19%)     Up to 20 Year term

Company (cash)          $80,000 (10%)      

TOTAL                         $800,000

New Building Purchase-Medical Practice

  • The significant debt of medical doctor & appraisal below cost make loan difficult to secure

  • NETEDC can lend up to 100% of appraised amount.

Lending Institution     $225,000 (56%)    

NETEDC                      $150,000 (38%)     Up to 20 Year term

Company (cash)          $80,000 (6%)      

TOTAL                         $400,000