Operating line of credit
Revolving, drawn as needed against eligible AR and inventory.
Lines of credit, term facilities, and growth capital
Business line of credit: against the file you actually have
We arrange operating lines, term facilities, and purchase-order funding against what your business actually is — not against two years of statements it hasn’t produced yet. Novaline is not the lender.
Term facility
Fixed amortization for defined projects — plant, buyout, non-revolving holes.
PO and inventory finance
Fund the order you just won before the vendor wants to get paid.
Asset-based lending
Against receivables and inventory together, with a borrowing base you can audit.
Capacity
An indicative range. Then underwriting.
AR modelled at 85% and inventory at 45%. Labelled illustrative. Not a commitment.
Funding Readiness Program
Declined isn’t a no. It’s a nine-month plan.
Most brokers walk away after a decline. We treat it as a file-construction problem.
Month 1–2
Financial statement cleanup and normalization
Step 1
Month 2–4
Business credit file construction and trade line establishment
Step 2
Month 4–6
Covenant preparation and debt structure remediation
Step 3
Month 6–8
Lender package construction and pre-submission review
Step 4
Month 9
Resubmission to a matched lender panel
Step 5
Credibility
What we will tell you not to do.
Merchant cash advances at 20–40% effective rates are rarely the right answer. We say so. We would rather route you to a cheaper facility and keep the relationship than place paper that damages the next twelve months.
Who this is not for
- Consumer lenders’ rate-shoppers
- Distressed borrowers looking for a 24-hour merchant cash advance
- Companies that already have cheap unused bank headroom
Are you the lender?
No. Novaline is a commercial finance intermediary. Financing is provided by third-party lenders. We package, match, and stay on the file.
What if we were already declined?
Declined is a nine-month plan, not a no. The Funding Readiness Program is statement cleanup, credit-file construction, covenant work, and a resubmission to a matched panel.
What products sit under business capital?
Operating lines, term facilities, purchase-order and inventory finance, and asset-based lending against receivables and inventory together.
Is the capacity estimator a commitment?
No. It is indicative only, subject to underwriting. AR is modelled at 85% and inventory at 45%. Labelled illustrative on the page.
Will you place a merchant cash advance?
Rarely. Effective rates of 20–40% are usually the wrong answer. We would rather route you to a cheaper facility and keep the relationship.
How is this different from a bank line?
A bank line is cheaper when you can get it. We arrange facilities against what the business actually is when two years of statements are not yet on file.
Who is this not for?
Consumer lenders’ rate-shoppers, distressed borrowers looking for a 24-hour MCA, and companies that already have cheap unused bank headroom.
Who can you underwrite?
Wherever the selling entity and the aging file can be underwritten. If they cannot, we will say so.