Our rate structure is based on a sliding scale with rates that vary between 0.5% and 2.0%.

Accounts receivable management and financing are priced separately. However, we will not provide bank lines of credit without managing your accounts receivable.

Jebco is a cash flow lender. To proceed we require:

• Cash flow for next 12 months
• Financial statements for the last three years
• Interim figures
• Aged accounts receivable listing
• Aged accounts payable listing
• Personal credit information on all shareholders

Financing charges are determined by credit risk, the amount of the credit line, and the asset involved. Accounts receivable and equipment lending rates are generally based on a 2% spread over the prime lending rate established at the Canadian chartered banks.

Inventory borrowing will be slightly higher at 2.5%-3%. Prerequisites for all lending relationships are accounts receivable financing and the processing of all sales.