Endeavor Business Credit is a financial services firm that provides funding solutions to small and mid-sized businesses through over 40 lenders. They offer various financing products including asset-based loans, factoring, credit insurance, purchase order financing, term notes, DIP financing, letters of credit, accounts receivable outsourcing, and equipment financing. There is no upfront cost to use their services, as they are only compensated if successful in securing financing for a client.

1. 450 West 33rd Street
Suite 187
New York, NY 10001
Tel: (212) 967-7908
info@endeavorbc.com
www.endeavorbc.com

2. About Us
Endeavor Business Credit is a financial services advisory firm that provides efficient and effective funding solutions
to small-and-mid-sized B2B and B2G businesses. The products we offer our clients provide them with ready access
to capital from over 40 strong, reliable banks and finance companies. Our lenders’ criteria for funding represent a
departure from traditional banks’ rigid credit standards in that they focus on the value of a company’s assets, and not
necessarily on financial statements or the owner’s personal credit history.
There is no up-front cost to use our services. For no fee, we will consult to our clients assessing their needs for
financing, determine what sort of financing program best suits their needs, prepare a formal funding request
package, and shop different funding sources for the best possible deal. Endeavor is compensated only if successful
in securing financing.
Companies large and small alike turn to us expecting strict confidentiality, honest feedback, and proactive efforts
toward getting your business funded. Endeavor was founded by a credit analyst who spent years analyzing over
$100 Million in asset based loans. Our primary objective is to lend our experience to your business and help meet
your growing capital demands.
Countless finance companies advertise on the internet hoping to prey on unassuming business owners by claiming
to offer quick business financing. Many business owners only realize the unaffordable cost of this financing
(sometimes upwards of 50% APY) after the fact. Endeavor seeks to level the playing field for our clients by first
informing and educating them on the financial tools available to them. We then advocate on their behalf to banks and
finance companies whose capabilities and strengths are congruent with our clients needs.
TEL: (212) 967-7908
info@endeavorbc.com

3. What We Offer
Asset-Based Loans
Factoring
Credit Insurance
Purchase Order Financing
Term Notes
DIP Financing
Letters of Credit
A/R Outsourcing
Equipment Financing
TEL: (212) 967-7908
info@endeavorbc.com

4. Asset-Based Loans
An asset based loan is a revolving line of credit that enables a business to borrow against a
defined base of collateral appropriately called a Borrowing Base. Included in the Borrowing Base
are typically accounts receivable, inventory, and any other collateral acceptable to the lender.
Under this arrangement, the borrower can request a draw of cash up to a certain percentage (the
“Advance Rate”) of the value of the collateral. For example, if XYZ Manufacturing has $100,000
in eligible accounts receivable, and a line of credit with an Advance Rate of 80%, XYZ can
borrow $80,000. As new receivables are generated, the borrower can draw additional cash
using the same formula. When the receivables are collected, the proceeds go to the lender to
pay down the loan, and any additional monies can be redrawn by the borrower. This cycle of
advances and collections continues until the loan matures.
Some traditional banks claim to offer asset based loans, though will not extend them to
companies without pristine credit, thus making them credit based loans or “financial statement
loans.” As well, banks often set seemingly arbitrary fixed credit limits on their loan facilities with
little regard for how much collateral you may have. Endeavor Business Credit only works with
lenders who operate under the principles of true asset-based lending.
TEL: (212) 967-7908
info@endeavorbc.com

5. Factoring
Having enough cash on hand to satisfy payroll and other working capital requirements can feel like a
juggling act when all your cash is tied up in accounts receivable. Through the use of factoring, your
business no longer has to wait for accounts receivable to be paid—you can sell your receivables for
cash on day one and even let someone else worry about collecting.
Here’s how it works:
1. Generate invoice for services rendered or goods delivered.
2. Submit invoice to factor, receive up to 90% of invoice amount (percentage depends on
creditworthiness of your customers).
3. Customer payment goes to factor who recovers the amount advanced plus applicable fees.
4. Factor returns any excess funds collected.
Factoring has several distinct advantages:
Dramatically improved cash flow—get funded the day you submit your invoices.
Factoring can often get your business more cash up front than a bank loan.
Factoring is not a loan, and therefore does not appear as debt on your balance sheet, which
could be perceived negatively. The transaction is simply the conversion of accounts
receivable to cash.
Some factoring arrangements include credit protection. This means that if one if your
customers goes out of business, you may not be obligated to the factor for the balance.
A factor can give you valuable insight into the credit standing of your customers on a regular
basis—they can help you spot a troubled customer before it is too late.
TEL: (212) 967-7908
info@endeavorbc.com

6. Credit Insurance
In addition to the funding of accounts receivable, Endeavor Business Credit also brokers
credit protection and credit insurance. With bankruptcy abound, a business owner does not
need to assume the credit risk of their customers, one can hedge against bankruptcy risk by
purchasing a credit insurance policy. The concept is simple: for a nominal premium, the
business is covered up to a pre-determined “high credit” amount in the event a customer
declares bankruptcy.
TEL: (212) 967-7908
info@endeavorbc.com

7. Letters of Credit
A letter of credit (“L/C”) is a great way for your business to obtain strengthened purchasing
power with your vendors while giving your customers comfort that you can fulfill their orders.
Conventionally used in international trade finance, an L/C is a document from a financial
institution that would guarantee to your foreign vendors your ability to pay. Call Endeavor
Business Credit today to learn more about L/C’s and if they are right for your business.
TEL: (212) 967-7908
info@endeavorbc.com

8. Purchase Order Financing
If your business needs to fulfill large purchase orders but lacks the capital to manufacture the
goods, purchase order (“PO”) financing may be for you. PO financing comes into play well
before an invoice is generated. At the time a large order is placed, you can take an advance
against your purchase order toward the cost of manufacturing the goods. This tool is invaluable
to many companies because it enables them to do substantially more business and assures their
clients they possess the necessary capital to fulfill their orders.
TEL: (212) 967-7908
info@endeavorbc.com

9. Term Notes
In addition to a factoring facility or asset based loan, Endeavor Business Credit can sometimes
arrange an additional tranche of cash funded at closing and payable in monthly installments.
This additional advance can be secured by other assets you or your business may have. Our
ability to get a term note funded depends on your specific situation. Please call Endeavor
Business Credit today for more information.
TEL: (212) 967-7908
info@endeavorbc.com

10. DIP Financing
Operating in Chapter 11 bankruptcy is a big challenge for any business. The last thing you want
is for all the time and money you’ve invested in your business to be devoured overnight by your
creditors. Endeavor Business Credit can arrange Debtor-In-Possession (“DIP”) financing, a loan
or factoring facility that, when approved by the bankruptcy court, has priority over existing pre-
petition (pre-bankruptcy) debt, equity and other claims. This can protect your company while
supplying it with much needed capital.
TEL: (212) 967-7908
info@endeavorbc.com

11. A/R Outsourcing
Does the thought of billing and collecting accounts receivable keep you up at night? You are not
alone. We are ready to assume the responsibility of billing and collecting from your customers
so you and your staff can focus on doing business.
TEL: (212) 967-7908
info@endeavorbc.com

12. Equipment Financing
Endeavor can facilitate the financing of equipment for your business through a traditional
installment loan or a lease. If your company is looking to increase capacity by adding new
equipment look no further than Endeavor Business Credit.
For companies in the business of selling expensive pieces of equipment that the customers
typically finance through their own sources, Endeavor can help by creating a financing program
managed by a third party but with your company’s name on it. This is called “Private Label
Financing,” and is an added service to your customers that can help dramatically increase your
sales volume.
TEL: (212) 967-7908
info@endeavorbc.com