BCC is exceptional in providing quick funding to its clients. Upon the execution of a term sheet, funding typically occurs within weeks, depending on the relative complexity of a transaction. This is critical because BCC financing very often acts as a bridge towards broader lending initiatives.
In addition, another critical application for BCC funds is the enhancement of balance sheets. Many companies face the issue of breaching covenants with their primary lenders or not having enough balance sheet strength to secure a loan with a financial institution because its debt/equity ratio is too high or its current ratio is too low. One of the primary benefits associated with borrowing from BCC is that its invested funds act as an enhancer of a balance sheet and solve issues that normally would prevent obtaining other loans.
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