When Banks dangle a carrot, we give you the whole thing.
Advance rates and line limits are one of those specialized topics that doesn’t gain a lot of exposure in the initial financing conversation. You submit your loan package and the bank reviews your company and personal assets. Eventually, if everything checks out, the bank presents you with a structure that works for the bank – but not necessarily your business.
It can be frustrating. You go through all this work to present the best case for your capital needs to grow and the outcome of the deal comes back at a fraction of what you were expected. This is because banks are regulated and limited to the extent at which they can lend. They distill your entire company into specific metrics that are rigid and do not allow for any flexibility. You may get the best rate, but you’ll also have to deal with a lower access to capital.
For many companies, the proposed line is not enough. What makes things worse is that the offer by the bank is static with any increases taking significant effort and not even considered until after a few years of the relationship. This can hold back your company’s growth goals and may make you miss opportunities since you don’t have the capital to complete the work.
At Camel Financial, Inc. we take a different approach to your line request. Instead of just focusing on just the top, we give you the whole carrot. Our lines are flexible, and line increases can happen within the same week of increased sales. No longer waiting for the annual review to make your case. You can take on those large contracts knowing that you’ll have the liquidity you need to complete the work on-time and without any stresses regarding payroll or procurement. We don’t dangle the carrot we give you the whole carrot.
If you’re feeling like the bank isn’t giving you the availability you need to manage your business, try Camel Financial. We work with you to completely understand your company’s specialty as well as the billing and collection processes so that we can maximize your availability and give you full control of your company’s financial situation. Don’t let the bank hold you back – join Camel and grow!
Spicy Ginger Carrot Soup
Ingredients:
3 Tablespoons of Sesame Oil or Vegetable Oil
2 pounds carrots (about 10 large), ends trimmed, cut into 1-inch slices
1 tablespoon of Chinese 5 Spice
1 diced onion
3 cloves garlic, finely chopped
2 tablespoons chopped fresh ginger
1 teaspoon curry powder
1 teaspoon chili powder
1 teaspoon turmeric powder
Salt and Pepper
2 ½ cups low-sodium chicken broth
Can of Coconut Milk
To Garnish:
Fresh cilantro, roughly chopped
A dollop of sour cream
- Set the Instant Pot to sauté mode and add the rest of the oil.
- Add the onions. Sauté for 5 minutes, until softened.
- Add the garlic and ginger, sauté for 1 minute.
- Add roasted carrots
- Add the chicken broth.
- Add can of coconut milk
- Add the curry, chili and turmeric powder.
- Add a dash of salt and pepper
Either set Instant Pot to 20 minutes or slow cooker to 4 hours on high or 8 hours on low. I prefer using the slow cooker on low for eight hours if you have the time. Once the the carrots are extremely soft you can puree the soup in the instant pot using an immersion blender or Working in batches, puree soup in a blender and return to slow cooker. Garnish with sour cream and cilantro. Enjoy!