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ABL KatsofFinancial Ready to Engage $200MM to Entrepreneurs

August 12, 2014, 07:13 AM
Filed Under: Industry News

KatsofFinancial, an asset-based lender is all set to provide top of the line lending service and assistance to entrepreneurs and businesses worldwide. The launch of the new lending platform comes at a time when the asset-based lending market recorded a total value of $21 billion dollars in the first quarter of 2014.

Although there has been a marginal drop in the market, new hopes continue to rise as KatsofFinancial introduces a promising lending structure which will cater to the lending needs of three focus areas that will entail, asset based financing for business, hard money lending for real estate and natural resource lending for junior companies.

What seems to be the striking factor of the launch of KatsofFinancial lending service is the fact that this company and its successful lending strategy were curated by Irwin Katsof who has gathered over thirty years of experience as a rabbi, nonprofit executive, entrepreneur, business leader, and appointee of the U.S. Secretary of Commerce.

Katsof who is also an international business leader was appointed by US Secretary of Commerce Gary Locke and Ambassador Ron Kirk, the United States Trade Representative to be one of ten national energy executives to serve on the US Commerce Department Trade Advisory Board (ITAC 6) to advise the United States Government on International Energy Trade Policy.

With the launch of KatsofFinancial, he wishes to bring to entrepreneurs new avenues of capital and help them invest in the longevity and sustenance of their businesses. KatsofFinancial has formulated lending plans for these businessmen who can access loans starting from $500,000 dollars going up to $10 million dollars at competitive rates.

At the press conference announcing the launch of his new venture, Irwin commented, "All entrepreneurs need capital to grow their business. We are setting up Katsof Financial to make it easier to launch new ideas, create jobs and help America maintain and continue to grow its competitive edge and continue to be the great country it is.”

KatsofFinancial is a natural outgrowth of Global Capital Associates founded by Irwin Katsof in 2005 and Katsof Consulting (founded in 2012). With the new venture Katsof and his dedicated team hope to open up doors of growth for businesses and establishments worldwide and usher in a new era of economic development.





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