Increase your NET PROFIT and Improve your Cash Flow with ENFIELD Financial Solutions

ENFIELD is focused on Transportation, Logistics & Distribution Companies to deliver economical financing for your Accounts Receivable.

ENFIELD'S solutions will reduce your expensive borrowings to increase your Net Profit substantially and improve your cash flow.

ENFIELD secures Operating Line(s) (in CDN and US $'s) that move you away from expensive Factoring to single digit interest rate financing.

about us

Welcome to ENFIELD Financial Corp.

ENFIELD Financial Corp. was created by a Toronto-based Corporate Finance firm to deliver Accounts Receivable financing at interest rates below 10% per annum for Operating Lines (both CDN and US $'s)

For over 50 years the Principals of ENFIELD have assisted Corporations to improve their Net Profits by accessing Canadian and US-based sources of Operating Capital.

Experience, Knowledge & Responsiveness allow ENFIELD to structure financing that provides you with the least expensive solution.

ENFIELD'S Principals have experience in many different industries and bring it all to bear on YOUR needs. Some industries are: Transportation; Automotive; Equipment Manufacturing; Distribution; Electronics; Construction; Mining; Resources; Chemicals; Fibre Optics and Healthcare.

Our Services

Industries We Serve

ENFIELD offers financing solutions to the Transportation; Logistics & Distribution industries to meet your cash flow needs from financing your Accounts Receivable. You will receive quick response in implementing a financial solution that will dramatically improve your NET PROFIT.

Invoice Financing

Transportation / Logistics

Purchase Order Financing

 Distribution

How We Help

Economical Operating Lines of Credit

ENFIELD will arrange Operating Lines of Credit in Canadian and US Dollar as required by your company at interest rates below 10%. They are based on the Prime Rates and as Prime rates fall, your costs automatically reduce as well.

If you are currently Factoring you will realize IMMEDIATE savings in your costs of financing that will increase your Net Profit substantially.

Initial Consultation

Documentation Submission

Credit Assessment

Offer and Approval

Legal and Contract Signing

why choose us

Why choose ENFIELD

ENFIELD works with all chartered banks and also with US banks operating in Canada under the Canadian Banking Regulations.

The Operating Lines arranged by ENFIELD offer up to 95% advance rate of good Accounts Receivables (with no Insurance Requirement).

Flexible Availability for borrowing. Normally Available for 90 days and in some cases can be extended to 120 days if that customer requires it.

Factoring Services

  • No Cross-Collateralization on other assets (e.g., buildings or equipment).
  • No Covenants or Ratios required. The only security is a PPSA on Accounts Receivable.
  • Competitive Interest Rate: current bank rate of Prime Plus
  • No Monthly Financial Reporting required, only details on:Accounts Receivable,Accounts Payable and Employee Deductions (CRA remittances)

Account Management

  • Deposits go into a Blocked Account in the client’s name, which is swept daily to the loan operating account.
  • The client can draw on the full availability and all free cash daily if needed.
  • Invoices and credit notes should be submitted electronically via spreadsheet.
  • The client sends invoices directly to customers, with no delays by lenders.
  • Real-time updates on account details are accessible through an online portal.
  • Borrow only as needed, and only pay interest on outstanding borrowings.

FAQs

In select cases where companies have compelling business cases, experienced management, and adequate contributed capital, EFC will assist in financing.

NO, we believe that owners and senior management are the best authors of your company's directions and goals.

EFC is a generalist and does not have any focus on specific industries. We work with both private and publicly traded corporations.

After satisfactory review of the client's information submission and acceptance from our Directors, EFC will issue a proposal/contract ("Engagement Agreement") outlining Objectives and Fees. 95% of the fees are on Success.

get in touch

Needs help? let's get in touch

Have questions or need support? Contact us today, and our team will be happy to assist you with your drone part needs.