Can you walk me through a transaction?

Initially, you inform us of a pending invoice.  Two forms are then signed, one by your company upon completion of work and the other by the owner / operator accepting the work as satisfactory. At that time, funds are wired to your company’s account.

How much is a transaction going to cost my company?

The cost is determined by the financial strength of your customer.  Generally a point is the  norm.

What will the cost be to my customer, (owner / operator)?

We at AVMAC strive to work as closely as possible with your customer.  Our rates will always be below traditional banking sources. Each transaction is credit driven.

What is the financial exposure, to my company, in the event of a default
by my customer?  
               
Your company has no exposure.  Each transaction is converted into a note which is purchased on  non -recourse basis by our private investor groups.

Is there a minimum amount that can be financed?

We try to maintain a minimum of at least $2,000,000.  Several invoices from the same customer may be combined to achieve this amount.

I have customers who are traditionally slow payers, can you help?

Since we are not a banking institution, governed by committee, we   have a lot more flexibility. Our  group is composed of Wall Street investors as well as the private sector.*  Customers, who would  generally not qualify, with traditional banking institutions, now have an opportunity in participating in our program, with the added benefit of improving their credit picture.  Our program, by its very nature, is designed to turn slow paying customers into valued credit worthy customers.  We evaluate each customer on an individual basis.

* AVMAC is registered with the Investor Protection Securities Bureau of the New York State Attorney General’s Office, registration #S30-62-73.