Camel Financial is a California receivables finance company located outside of Los Angeles, in Newport Beach. Camel has been providing revolving lines of credits to California companies since 1988. We provide a boutique level of service for asset based loans or lines of credit secured by your accounts receivable. We help businesses that are experiencing rapid growth, seasonal constraints, slow-paying customers or other financial challenges. Many of our clients don't yet qualify for bank financing.
Camel Financial offers bridge financing between the hard-money lenders and traditional banks. Our process and rates are similar to a credit card but instead of a fixed credit limit at the initial time of borrowing, your credit line grows with your accounts receivable. Our rates are more than a traditional bank line of credit but significantly lower than the rates charged by online merchant cash advances. We charge a daily interest rate on the funds drawn rather the entire invoice amount. You determine your borrowing amount and we only charge you for the actual funds drawn.
Camel Financial has helped thousands of companies find financial freedom to grow into multi-million dollar companies. You also benefit from the knowledge and expertise of our staff with a partnership that will help your company reach the next level. Contact Camel today and get access to the capital you need to keep your company growing.