About |
Welcome to Halifax Finance!
We find working capital for your business! At Halifax Finance we understand credit makes business flow, Through financial suppliers we assist you to
identify the type of financing you need, then prepare applications and facilitate your application.
The founders of Halifax Finance are experienced entrepreneurs and executives who understand how important working capital is for business. Through our financial suppliers we offer flexible financing products that may not depend upon personal credit history and which may apply to businesses that do not qualify for bank financing due to being too young, or having losses or weak balance sheets. We'll work hard to
provide flexible financing solutions so your business can grow!
ACCOUNTS RECEIVABLE FUNDING: We arrange working capital by financing individual invoices up to 90% of the value of the invoice within 2 to 3 days. To qualify, a
business must be trading with another business on credit terms. Our finance partner will consider startups, and businesses with a weak balance sheet or net losses. Our financial partner will also finance export receivables up to 80% of the value of the invoice, with the balance paid when the customer pays. In both cases there is a fee for the cost of money which carries a very competitive interest rate, and a service fee for processing the invoice.
UNSECURED LINES OF CREDIT: We can arrange via our partner access to unsecured
lines of credit. Unsecured means there is no security or collateral required, and there is no recourse on the business owner if things go wrong. The line of credit will not interfere with pre-existing or subsequent funding. The line of credit is available to approximately 15% of the annual sales volume, and the minimum line of credit is $100,000. There is a requirement that the business owner have good credit, although no guarantees from the owner are required.
CREDIT AND DEBIT CARD CASH ADVANCES: We provide easy access to cash, and
can arrange working capital (cash) for small businesses within 15 days. To qualify, a business must be averaging over $2,500 per month in debit and credit card combined sales, and the business must have been in operation for at least six months. This solution does not require personal guarantees, collateral pledge or application fees or for your business being currently profitable, nor does it require a good personal credit rating. The amount of financing available depends on exact circumstances but is usually around twice the level of monthly of debit and credit card sales. It can be particularly attractive where bank financing is not readily available due
to poor credit history, insufficient history with the bank, or any other reason. Over 80% of
clients of this product go back for repeat business!
Call us to see if we can find your financing solution!
Contact (902) 430-8270 or (902) 403-8270 between 9 a.m and 6 p.m.