Issue link: https://read.dmtmag.com/i/117828
picket styles meet pool codes when installed properly. MVP also supplies many fabricators with high quality vinyl profiles. More information is available at www.mvpweatherwise.com or by calling 800-97-VINYL. (Additional pictures of the event and Plant City location are posted to MVP���s Facebook page.) From left to right, MVP president Luke Curtas; Diana Cronin of U.S. Wholesale Pipe & Tube, Inc.; Donna Harrison of West Coast Fence of Tampa; Tom Partigianoni of West Coast Fence of Tampa; and Mary Jane Morrison of U.S. Wholesale Pipe & Tube, Inc. From left to right, MVP vice-president of corporate development, Dave Curtas; Bill McDaniel, assistant city manager, Plant City, Fla.; Yvonne Curtas; Luke Curtas; Mike Sparkman, mayor of Plant City; and Greg Horwedel, city manager of Plant City. Looking for stability in your double-drive gate hardware? D&D has you covered. Lockable security 6-pin, re-keyable Locks in the up or down position Marine grade stainless steel For metal, wood or vinyl gates Strong & 100% rust proof 2 sizes: 18��� or 24��� 2 colors: black or white Above left, guests at the open house enjoy barbecue under the beautiful Florida sky. Above right, the Plant City facility recycles scrap vinyl utilizing this pulverizer and grinder. Looking at the financing landscape in the year ahead ��� and beyond BY TRACY EDEN , NATIONAL MARKETING DIRECTOR , COMMERCIAL FINANCE GROUP ( CFG ) Though we are now nearly four years past the ���official end��� of the Great Recession, obtaining credit remains challenging for many small and mid-sized businesses. This is especially true for businesses that have experienced difficulties such as a drop in revenue, or those with inadequate capital structure to support their cash flow. Companies like these often find that their financing options are limited, especially within the realm of traditional bank financing. In fact, many small and mid-sized businesses have simply given up trying to obtain financing. In a recent survey conducted among business owners and executives by Forbes Insights and CIT, only 11 percent of respondents said they had sought new lines of credit or small business financing over the past year in an effort to help improve their cash flow. Asset-based lending as an alternative In these circumstances, many owners often find that alternative and non-bank financing options can help them obtain the capital they need to keep the gears of their business running smoothly. Asset-based lending (or ABL) is one of these non-bank alternatives. ABL involves the leveraging of current assets ��� typically accounts receivable, inventory and/or equipment. Lenders will provide the business owner with a format for the lender to track the assets it is lending against to provide some liquidity to the borrower from those assets on a revolver basis. Smaller transactions or those deemed higher risk will usually accomplish this through a factoring facility, which involves more controls for the lender to monitor. Factoring is the outright purchase of a business��� outstanding accounts receivable by a commercial finance company, or ���factor.��� Typically, the factor will advance the business between 70 and 90 percent of the value of the receivable at the time of purchase; the balance, less the factoring fee, is released when the continued on page 46 Stylish and affordable Padlockable security For metal, wood or vinyl gates Polymer brackets prevent metal on metal contact High wear and corrosion resistant Quick & easy install 2 sizes: 24��� or 40��� Reliable, quality design Retains bolt in up position Bolts won't drag across driveway Superior design 2 sizes: 24��� or 40��� Hi-Performance Hardware D&D Technologies 7731 Woodwind Drive, Huntington Beach, CA 92647 Tel: 1-800-716-0888 or 1-714-677-1300. info@ddtechusa.com www.ddtechglobal.com