CASH FLOW ASSISTANCE
Now your business can raise funds quickly without incurring debt with these innovative finance options that are not considered loans.
FACTORING
Tired of waiting to receive cash from your clients to cover your business expenses, only for them to end up paying their accounts 45, 60, or even 90 days late? Stop waiting! Get the funds you need to stay on top of your bills now instead of collecting it later from your customers.
Through our factoring option, we can arrange for your company to receive upfront payment of its unpaid invoices on an ongoing basis. Freeing up funds that would otherwise be tied up in receivables can help ease cash strain and keep funds flowing in your business. Ideal for companies doing business to business sales ex. Trucking, Staffing, Distribution, Seasonal, etc.
- No fixed monthly payments
- No more waiting on customers that take too long to pay their bill
- Approval is based on your customer's credit worthiness, not yours
- Program is applied only to the customer accounts you specify
CREDIT AND DEBIT CARD RECEIVABLES FINANCING
If your business currently accepts credit or debit card payments, you may be eligible to have your future electronic sales turned into cash you can use now with our Business Cash Advance Program.
Based on how much you process in credit card transactions each month, receive cash advances of up to $200,000 for renovating, acquisitions, equipment upgrades, expansion, inventory, emergencies, or any other business purpose.
Finally financing that is available to merchants, restaurants, retailers, dental offices, beauty salons and such businesses that typically have no traditional collateral to leverage.
- 90% approval rate regardless of credit history
- No fixed monthly payments or repayment time frame to worry about
- No tax returns, financial statements, or collateral required
- You pay as you get paid - no pressure during slow periods
PURCHASE ORDER FUNDING
Want to take on more accounts or add a new product line to your current offerings but do not have the funds to hire the extra staff the expansion requires or the funds to pay your suppliers upfront for the additional merchandise? Our purchase order finance solution is designed to allow you to go ahead and seize growth opportunities for your business even when your business does not have the funds to do it.
Based on the strength of an approved Purchase Order or signed contract your business secured from a credit worthy customer, we can obtain the funds or letter of credit required for fulfilling the order.
An excellent finance option for established businesses, startups, manufacturers, importers, staffing agencies, contractors,exporters, etc.
- Obtain working capital or letter of credit needed to fulfill customer orders
- Finance based on your client's credit worthiness or supplier's dependability
- Cover cost of finished goods, raw materials, assembly, packaging and freight
- Grow your company without increasing bank debt or having to sell equity
SURETY BID BONDS
Are there contracts that you would like to bid on but you do not have the funds to put up the security deposits required to post the bids? Enjoy the freedom of bidding without putting a strain on your working capital by using Surety Bonds!
A Surety Bond is a financial product that is considered an agreement between three parties: a bond provider, a business seeking to use the bond, and the beneficiary of the bond.
You are most likely in the Construction, Technology, Cleaning industry,or you are often presented with contract opportunities that oblige your business to submit deposits with its bid postings to guarantee performance, payment of workers, etc.
Speak to one of our Business Finance Consultants to find out how entering into a Surety Bond agreement could benefit your business.
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