A credit card re-advancement forms part of the Commercial Hard Money lending provided by Patterson Commercial Lending and this type of financing may be applied for by the business owner who has been in business for a period of a year, but this period is negotiable, and each applicant will be approved on certain criteria. The Commercial Hard Money financing method is the perfect financing choice for the company that has no less than $8,000 monthly credit card sales and the repayment plan for this loan is set at a fixed payment of just 15 to 20 percent of all future credit card receipts. This loan type has a number of advantages, which include no personal guarantee, no asset documentation, no financials and no tax returns. Furthermore, when 50% of the Commercial Hard Money is repaid, a business owner is able to apply for an additional re-advance, which allows them to gain immediate access to funds. The fact is that Commercial Hard Money is able to free up money and in a number of cases, the Commercial Hard Money may prevent a company from declaring bankruptcy

Patterson Commercial Lending is made up of a team of expert financial professionals who have joined forces with several of the country's top financiers or money lenders and to this end, they can offer a host of financing solutions and loans at favorable rates. Over and above the Commercial Hard Money, Patterson Commercial Lending is able to offer assistance to business owners in terms of debt restructuring, business acquisition financing, office equipment leasing, and we also specialize in government financing and commercial real estate loans. Commercial Hard Money provided by Patterson Commercial Lending can be enjoyed by just about every type of business and the money gained from the loan may be utilized for the funding of expansion or growth, or the funds may be used for payroll or operating expenses. Another form of Commercial Hard Money is factoring or accounts receivable financing, and this gives Patterson Commercial Lending the chance to purchase these accounts receivable invoices at a discounted rate. A lot of companies work on a 30, 60 or 90 day account basis, and this tends to tie up money and in tough financial times, a business owner must have access to his money which will allow business operations to continue. The money received from this type of Commercial Hard Money can also meet any need, and the funds may be used for operational costs and business expansion. The amount of the Commercial Hard Money financing is limited to $150,000, and as such, a number of business owners utilize the funds received to purchase additional property or to buy equipment.

Find out more about our Commercial Hard Money or view the other financial services provided by Patterson Commercial Lending by browsing our website, www.pattersoncommerciallending.com. By way of commercial real estate loans, our company offers a "from the ground up construction loan" and the loans can be utilized for building renovations or for refinancing existing loans.