|The BCF's mission of providing access to capital for minority-owned businesses is enhanced through Strategic Alliance Partners and subsidiaries that offer the following alternative financing products not provided in the BCF's core Loan Participation Programs:
- Commercial and Government Accounts Receivable Financing
- Commercial Real Estate Financing
- Accounts Receivable Factoring
- Long Term Debt/Equity
- USDA Business & Industry Loans & Loan Packaging Services
Accounts Receivable Financing Program
The BCF is able to provide access to accounts receivable financing through its alliances with a national bank and a specialty finance company. The accounts receivable financing program will allow businesses of any size to accelerate cash flow through the sale of their corporate or government receivables to our alliance partners.
The BCF may participate in the loans made by its alliance partners under certain circumstances, thereby potentially reducing the overall cost of the financing to MBEs. The pricing and other terms and conditions of these loans, however, are set by the alliance partners and therefore may vary based upon factors such as the number and size of invoices your company intends to sell, the length of time payment remains outstanding and the credit risk of your customers.
Our alliance partners work with a diverse portfolio of customers seeking to access cash and we will work to get you a response to your loan applications quickly. For more information about the accounts receivable financing program, please contact the BCF at 212-243-7360 or email at firstname.lastname@example.org. Click Here to download the application.