Century's Financial Toolchest:
- DIP Financing
- Secured Loan Buyouts
- Factoring
- Tax Credit Financing
Century provides financing to North American based companies who require short-term capital where conventional sources may be unavailable. We emphasize swift turnarounds for clients with pressing and immediate needs.
For more information on our asset based financing solutions, please visit www.centurycapital.com.
From $500,000 to $25 Million, and higher in certain situations, can be made against unencumbered, or under encumbered, assets including:
• Machinery and Equipment • Real Estate • Inventory • Receivables • Other tangible assets •
Bridge loans are typically used by clients in:
• Financial Restructurings • Asset Acquisitions • DIP proceedings • Rapid Growth situations •
Century will purchase or advance against Accounts Receivables to provide immediate cash for fast growing companies, those with slow paying customers, or those receiving low advances on their invoices from conventional sources.
Century provides bridge loan financing of tax credit claims of Canadian companies with refundable federal and provincial claims, totalling a minimum of $200,000.
Smaller claims can be considered if combined with other Century financial services, or where claims are growing. These bridge loans help clients meet short term working capital needs without long-term equity dilution.
Typically, eligible tax credits relate to claims for scientific research and experimental development (“SRED”), film/TV production or service work, or digital media development work in the animation, virtual reality and gaming sectors.