Sunday, April 28, 2013

Need Working Capital, No Credit and No Where to Go?


Do you have Invoices? Or Not.

If you have Invoices, you have working capital.  Use your Invoices to gain access to immediate working capital without a credit check, financial statements or long drawn out procedures.

It’s called Accounts Receivable Finances or Factoring.  This is when a Lender trades the payment of your Invoices for actual working capital.  Lenders usually will direct deposit the money into your business checking account with a couple days after completing the two page application which ask who owes you and how much do they owe you and when do you expect your client to pay.

A rate is determine for the use of the working capital based on how much your total Invoices are, how long it will take your client to pay the Invoices and if your client is credit worthy.  (Usually between 1.5 and 3.5% of the total amount of the Invoices)  Rates are slightly higher for Construction Invoices and Health Care Invoices.   (Only commercial construction Invoices are acceptable)

If you need funding, like yesterday, complete the secure six question online short app and I will search out a Lender for you immediately.  All of our Lenders are qualified to work with Government, State, City, County and Corporate Invoices.  Click here for the Invoice Line of Credit
 
If you don't have Invoices, yet need to borrow money for your business check out Cash Advancement Loans for Business; loan decision based on your bank statements, not your credit. 
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