We Offer Flexible Financing Tied to Growth
Get a working line of credit based on the value of your AR, Inventory and Equipment.

HOW DOES STATE FINANCIAL COMPARE WITH OTHER LENDERS OR YOUR RICH UNCLE JOE?

Comparing finance resources can be a little tricky. Sometimes “yes” is the best answer, other times “no” is better. We’ve taken this matter seriously and offer the following compilation of hard facts for your consideration:

  • Description
  • SFC
  • ACH Lender
  • Bank
  • Factor
  • Rich Uncle
  • Will I need to pay factoring fees?
  • No
  • No
  • No
  • Yes
  • Weddings
  • How about bank charges?
  • No
  • No
  • Yes
  • No
  • Job for cousin Joe
  • Reoccurring audits?
  • No
  • No
  • Yes
  • No
  • Every time he calls
  • Can I get same day advances?
  • Yes
  • Only One
  • Yes
  • Yes
  • A Week from Tuesday
  • Will my customers be notified?
  • No
  • No
  • No
  • Yes
  • Who knows?
  • Call and Connect directly to real people
  • Yes
  • No
  • No
  • No
  • Aunt Sarah
  • Do I pay external documentation fees?
  • No
  • No
  • Yes
  • No
  • An occasional lunch
  • How about financial covenants?
  • No
  • No
  • Yes
  • No
  • Not to worry
  • We’re less than 3 years old, is that OK?
  • Yes
  • Maybe
  • No
  • Yes
  • Well, of course
  • Will our prior bankruptcy rule us out?
  • No
  • Maybe
  • Yes
  • No
  • Shhhh
  • Must I sign a long term contract?
  • No
  • No
  • Yes
  • No
  • Family for life
  • Will you use a lock-box?
  • No
  • No But
  • Maybe
  • Yes
  • House key will be fine
  • Can I get seasonal advances?
  • Yes
  • No
  • Yes
  • No
  • Ask me in next spring
  • Need Certified financial statements?
  • No
  • No
  • Maybe
  • No
  • Wouldn’t hurt
  • Are reserves required?
  • No
  • No
  • No
  • Yes
  • Did you say inheritance
  • Must I maintain a certain debt ratio?
  • No
  • No
  • Yes
  • No
  • Listen to my advice
  • Are there collateral management fees?
  • No
  • No
  • Maybe
  • Maybe
  • Summer job for Joe’s kid
  • Uncomfortable family reunions?
  • No
  • No
  • No
  • No
  • Absolutely
  • Will my lender take money out of my account
  • No
  • Yes
  • Yes
  • No
  • You pay for dinner
  • Can I increase the loan as grow
  • Yes
  • No
  • Yes
  • Yes
  • You had your chance
  • Will my lender wait for my customers to pay
  • Yes
  • No
  • No
  • Yes
  • Until Family Reunion
  • Is there someone to talk to if things change
  • Yes
  • No
  • With Appointment
  • Yes
  • On vacation

 

State Financial appreciates the difficulties and unforeseen issues which arise in running independent companies. We provide a unique flexibility to help our customers better manage their finances.

Our lending guidelines are not as rigid and policy-driven as those of banks. They are proven effective for us and, more importantly, for our clients. We know how to provide money to a wide range of companies who might otherwise be turned down, and we do not maintain our profitability by squeezing our clients with hidden fees.

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