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It is hard to grow your
business if you can not get the cash you need to take advantage of opportunities
when they come along.
We have several ways to get you funds when you need
them. Our goal is to be your long term partner that you can utilize on an
as needed bases to grow your business. We are supplement to your bank and
not a replacement. not a permanent fixture
We have different ways to quickly get your business
the money it needs.
There are various means in which to get businesses
money they need to grow their business when commercial banks are unwilling or
even able to provide funds. Once established as a client funding occurs
with in a couple days if not in hours of your request. This allows you to
capitalize on new opportunities and maybe get the upper hand on your
competition.
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Factoring - Invoice Funding
Factoring
has become a well excepted means for businesses
to quickly obtain funding to capitalize on growth
opportunities.
Factoring
is the selling of your invoice at a discount and receiving payment now,
instead of having to waiting 30 - 90 days. The easiest way to look at it
is, would you give your customer a 2% discount if they paid cash when you
delivered the product? Does your suppliers offer you a discount if you
pay them early? These discounts can generally offset the discount cost
involved with factoring.
BENEFITS:
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Factoring does not interfere with your credit rating or bank lines of
credit. |
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No
personal guarantees are required. |
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Can
reduce overhead, no collection calls. |
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Cash
with two days, once established. |
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Financial statements are not audited. |
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There
are no long or short term commitments. |
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Off
Balance Sheet financing. |
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We will
work with you to help you maximize your cash flow and reduce your discount
rates. |
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Purchase Order Funding
This
funding is utilized when company XYZ issues you a Purchase Order for 100k
widgets and you do not have the money to buy the materials or pay for labor,
we can generally provide the funds needed to meet this demand and hopefully
start growing your business.
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Asset
Based Lending
We can
set up lines of credit based on various assets that a bank may or may not lend
against, such as inventory, equipment, and Real Estate.
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Construction Receivables
Construction contracts are generally long payers, yet you still need to make
payroll each week. We can help in many cases to provide needed money to
keep your business going. |
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