Top Reasons to Consider Factoring
Project Financing
By factoring the future cash flow of a project, a company can cover its short-term needs. We work with companies of all sizes to help with your future cash needs.
Business Growth
Rapid growth is almost as dangerous as not growing at all. Erratic cash flow associated with hypergrowth can keep your business from growing, taking new opportunities, and reaching your full potential. Factoring gives immediate access to funds to expand and grow without overextending.
Business Acquisition
The initial outlay of acquiring a company can hurt cash flow in the short term. Factoring can cover the cost of the entire acquisition by using the target company’s accounts receivable.
Bridge Financing
With Bridge Financing, companies can get from where they are to where they want to be. Factoring can serve as that bridge until a company is ready to graduate to more traditional forms of bank financing.
Working Capital
You need capital for day-to-day operations. Working Capital is also a good measure in determining short-term financial health. Factoring helps stimulate cash flow to meet current working capital requirements.
Supplier Discounts
A significant discount can have a positive impact on a company’s bottom line. Use factoring proceeds to capitalize on discounts by speeding up cash flow to purchase inventory at a discounted price.
Seasonal Needs
Even the best-run businesses can be affected by the ebbs and flows of seasonality. Let factoring exploit the rush of the busy season and create additional business opportunities.
Debtor-in-Possession
DIP financing is for a company under Chapter 11 bankruptcy process. Bankruptcy is never an easy process to go through, but factoring can extend the life of the business, helping maintain payroll, stabilize operations, repay creditors, and emerge from bankruptcy.