Yearly Archives: 2017

Solved: Debt Restructure

Solved: Debt Restructure
Small Pool & Spa Company needed Relief! In some cases, businesses have been tricked into borrowing money from Hard Money Lenders, who only care about quick repayment. In this case, the money was coming out of the business so fast, payroll was in jeopardy. Ascend restructured the debt in the entire company giving the necessary…
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Funded – Wholesale Company

Funded – Wholesale Company
From Factoring to Accounts Receivable Line of Credit. Funded a small wholesale Company, taking out an Accounts Receivable factor in the process. The new line of credit allowed much greater freedom in purchasing and a better system for financing the growth which was being stagnated by the cost of money. Savings included in the additional…
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Funded – Drilling Company

Funded – Drilling Company
Funded growing company needing capital for new projects! A company in Texas could use its reputation and expertise to sell at will, only one problem, they couldn't afford their growth. Ascend had partners willing to lend against the new contracts to mobilize the jobs. This avenue created a stress free way to grow and take…
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