AFCCurrentNonDitheredScaled

Over 30 years of advancing small business

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Client Profiles

Advance Financial Corporation finances a multitude of companies throughout the Southeast with an array of needs and with many different financial positions. There are, however, certain characteristics that are consistent within our portfolio.

Profitable growth and quality accounts receivable are the key.

Our clients are typically young, growing companies with good ideas, good management, good products or services but lack the business track record for bank financing. Although there are exceptions to any general rule, the following characteristics are typical of an AFC client:

Age of Business:
       Not Critical (typical 3-7 years)

Size:
       Annual sales of $300,000 to $10,000,000

Clients line of business:

  • Manufacturing
  • Distributing
  • Wholesaling
  • Service Businesses with commercial accounts receivable
  • Note we do not finance construction and medical receivables.

Working capital needs:

  • $25,000 to $1,000,000

Typical customers business invoicing to:

  • Industrial
  • Commercial
  • Retail
  • Government

Selling Terms:

  • Normally Net 30
  • Geographic Location:

     South Eastern United States (Requirement)

Cash needs are usually driven by healthy growth and the need to carry increasing inventories and receivables.

Georgia, North Carolina & South Carolina

 

Andre’ Perry

Email:

aperry@afcorp.com

Phone:

404-256-2123

or

800-945-8343

Fax:

404-250-0205

 

Mitch Kim

Email:

mkim@afcorp.com

Phone:

404-256-2123

or

800-945-8343

Fax:

404-250-0205

Alabama, Mississippi, Florida

 

Andre’ Perry

Email:

aperry@afcorp.com

Phone:

404-256-2123

or

800-945-8343

Tennessee

 

Bob Laws

Email:

rlaws@afcorp.com

Phone:

Mid-Tennessee

 

615-481-4685

 

East-Tennessee

 

423-605-5655

Click here to download a loan application.*
Click here to fill out a web questionnaire to expedite your potential loan approval!

Advance Financial Corporation makes loans secured by commercial accounts receivable, the largest liquid asset in a business. A credit line is established for you, the borrower, based on your accounts receivable.

  • Customer payment statistics are maintained and made available to you at no charge.
  • Detailed accounts receivable agings are provided to you, at no charge, to assist in collection and sales follow-up.
  • Advances are made periodically based on receivable turnover, and can be deposited directly to a client's bank via manual deposit or wire transfer.

General information that applies to all the programs that we offer. Prospective clients should be:

  • Selling to other corporations.
  • Able to provide us with financial history or if the business is a start-up business information on expected cash flow.
  • Incorporated or registered with their respective Secretary of State.
  • We do not finance consumer, construction or medical related receivables.