Coral Capital

Coral Capital Solutions is a commercial finance company headquartered in New York that provides working capital financing solutions to small and midsize businesses across North America. The company specializes in three core financial products: Accounts Receivable Factoring, Purchase Order Financing, and Asset-Based Lending, serving clients in industries such as manufacturing, services, imports, consulting, and telecommunications construction.

Through its Accounts Receivable Factoring program, Coral Capital purchases outstanding invoices from clients and immediately advances a significant portion of their face value, effectively converting receivables into immediate cash. This service is designed to help businesses meet short-term obligations and manage cash flow without taking on traditional debt.

The company's Purchase Order Financing product supports fast-growing businesses that need capital beyond what their existing working capital can sustain. Coral Capital evaluates the creditworthiness of a client's end customers rather than the client itself, making this solution accessible to undercapitalized businesses, importers, and companies that outsource production to domestic subcontractors. Financing is typically structured through letters of credit issued on behalf of clients, providing suppliers with assurance of timely payment and reducing their exposure to client credit risk.

Coral Capital's Asset-Based Lending platform provides secured credit facilities ranging from $1 million to $10 million. Loans are extended against receivables, purchase orders, inventory, and other collateral. This platform is specifically designed for businesses requiring high leverage, those facing performance issues, loan defaults, or other special situations that prevent them from qualifying for traditional bank financing. The ABL product consolidates multiple asset classes into a single lending facility, offering clients maximum liquidity at competitive rates.

The company operates a referral partner program, working with intermediaries who refer clients across a broad range of industries. Coral Capital has completed notable transactions including a $7 million Accounts Receivable factoring facility for a New York-based telecommunications construction provider. Its client base typically includes fast-growing importers, distributors, and businesses operating in the U.S. and Canadian markets.