Banking Unexpected

Alternative Finance Options Provided by Liquid Capital

Horicon Bank has formed a strategic partnership with Liquid Capital to deliver alternative finance solutions to our customers. In those instances where traditional bank financing may not be available or may be limited, alternative financing can provide the needed resources to address a company's needs, be it short or long term. Horicon Bank is dedicated to addressing our customers' needs with a variety of traditional and alternative financing options.

See more business lending options.

Banking Unexpected Details

Accounts Receivable Factoring

Accounts receivable factoring is the legal assignment/sale of invoices from credit worthy customers, where funds are provided to the company on an expedited basis. This provides the needed cash flow in a predictable manner. It simply leverages the invoice asset without creating debt.

Purchase Order Financing

Distributors that use third-party manufacturers (domestic or foreign) to source finished products can use purchase order financing to pay for the product and fulfill the order when financing is not available, or the order is inordinately large and beyond the company's financial capacity. It normally involves a high growth opportunity.

Work-In-Process Financing

Similar to purchase order financing, work-in-progress financing provides suppliers payment when the company produces the finished product and delivers it to their customer. Manufacturing, assembly, value-added, and repackaging are examples of typical business processes.

Asset-Based Loans

Asset-based loans utilized the value of business assets (accounts receivable, inventory, equipment, and real estate) to create a revolving line of credit. Monthly reporting of current asset values provides availability of funds.

Meet Your Business Bankers

Our business bankers are standing by to help you!

Meet the Team

Some content requires Adobe Acrobat Reader to view.