Nickel Basin Federal Development Corporation Revolving Credit Facility
no fixed amount
Loan
Description:
Nickel Basin FDC’s Revolving Credit Facility is an operating facility used for inventory purchases and account receivable financing.
Comments on Funding:
Funding takes the form of a line of credit.
Continuous Intake
Eligibility:
Applicants must:
1. be businesses;
2. be seeking financing for inventory purchases, and account receivables;
3. be in Nickel Basin FDC’s service area.
Application Steps:
Applicants must:
1. complete and submit the application form for financing;
2. provide supporting documents;
3. be notified with the decision.
Documentation Needed:
Applicants must submit:
1. a completed business plan;
2. personal financial statement for each borrower and/or guarantor;
3. supporting financial projections, such as a cash flow budget;
4. additional information as requested.
Other Things to Note:
About the author
Maurice
