Accounts Receivable Financing/“Factoring”
A form of financing in which a company sells its invoices to a (3rd party) factoring company at a small discount, in exchange for immediate cash. It’s used a way to improve cash flow and revenue stability. One of the unique things about Factoring, is it is primarily based on the credit of your client – and not your business.
Invoice Financing
A form of financing that functions as a cash advance on outstanding customer invoices. You sell us your invoices and we immediately advance you the funds to operate and grow your business. It’s a line of credit based on your sales, not your net worth. It allows business owners to use invoices as a form of collateral to secure a loan or a line of credit. There are no limits, and you can get started with as little as $250,000 in qualified receivables.
Purchase Order Financing
A form of financing that allows you to borrow against your Orders, for immediate cash.
Asset-based Lending
A form of financing that leverages your business assets (ie: inventory, heavy equipment, office supplies, etc) for immediate cash.