Home/Invoice Financing Companies/Continental Business Credit

Contact

21031 Ventura Blvd., Ste. 900
Woodland Hills, CA 91364-6502

P: (818) 737-3734
F: (877)520-1354
W: www.cbcredit.com

Management

  • Lee N. Hirsch: CEO
  • Vince Lionetti: Director of Marketing

Summary

Continental opened its doors in 1989 to provide asset-based financing to manufacturing and service businesses. Continental clients are primarily located in California, where the company provides working capital financing secured by accounts receivable, inventory, equipment and other personal property. They finance small-to-medium-sized companies with annual sales of $10 million or less, whose initial borrowing needs range from $100,000 to $1 million. Continental provides:


  • Accounts receivables revolving lines of credit. Continental advances up to 80% of eligible accounts receivable.
  • Factoring. CBT purchase of accounts receivable (without recourse) is based on credit approvals on submitted customer orders.
  • Back-office services. Continental provides credit checking and collection outsourcing. Accounts receivable management services to companies or institutions provide expertise in establishing credit or collection policies and procedures.

Size of Loans

  • $250,000 - $1,000,000
  • Up to $250,000

Industries

  • Other
  • Manufacturing
  • Technology
  • Transportation

Recent Transactions

BorrowerIndustryAmount (M)QuarterYear
Allied Cash Holdings, LLCProvider/Payday Lender Services20.032006