Business Loan Financing - Business Capital
Need business financing? Can’t qualify for a business loan? Most business owners that need financing usually think that a business loan (or line of credit) is the only solution that will help them. Although business loans can help many businesses, they have some challenges:
- Business loans are hard to get
- Institutions can take a long time to approve a loan
- A business loan is not very flexible
- Loans are tend to be best suited for purchasing capital goods
We don’t offer business loans - we offer an alternative form of business financing
Prequalification Criteria
- We can only work with companies (not individuals)
- The company must be in operation. We are happy to work with startups as well.
- You must have commercial or government clients (no exceptions)
- You must use the working capital to pay suppliers, employees or company expenses
Does this describe your company?
Companies that sell to commercial or government clients usually have to wait 30 to 60 days to get their invoices paid. If your company is well capitalized, waiting is not a problem. However, not every company can afford to wait that long to get paid. Startups, companies going through a rough patch, or companies that are growing very fast can seldom wait to get paid. They need the funds quickly - they have to pay employees, suppliers and rent. If this describes your business, we may be able to help you.
We offer financing based on your outstanding invoices:
We can help companies that need to be paid sooner. We can provide an advance for your invoices will be paid in 30 to 60 days. Instead of waiting to get paid by clients. you get an immediate advance. This helps you meet current expenses and puts you in a better position to take advantage of new opportunities. Our business financing program works like this:
- After completing your work, you invoice your client
- You send a copy of the invoice for financing
- Your company gets an immediate 80% advance
- Once your client pays for the invoice, you get a second advance of 20%, less the financing fee.
Financing your invoices has a number of benefits:
Financing invoices can help businesses improve their cash flow by providing working capital to pay:
- Suppliers
- Employees
- Rent and other expenses
However, the biggest advantage of financing your invoices is that it eliminates the uncertainty of waiting to get paid. It provides predictable cash flow and places companies on a better financial position.
Most companies that have commercial sales can qualify for this type of financing, provided their clients have good credit, their invoicing practices are good and they are free of liens and encumbrances.
Would you like an invoice financing quote?
Would you like an invoice financing quote? Please fill out this form for an instant quotation.
Industries
Invoice financing is very flexible and can be used in a number of industries. Some industries that benefit from these services include:
- Manufacturing
- Staffing
- Security
- Transportation
- Consulting
- Distributors and Resellers
- Oil and Gas
- Medical and healthcare providers billing HMO’s/Medicare/Medicaid
- Construction (we can only work with subcontractors)
For more information
We have assembled a small business financing library with articles about invoice financing.
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