BusinessCash is funding during the COVID-19 crisis.

Additional Working Capital in California

Does your California Business Need Working Capital TODAY? Can’t wait 30 – 90 days for your invoices to be paid? Who can?? We Can Help.

  • Up to 92% of cash is advanced to you and receive the balance once your client pays in full
  • Fast and easy financing in as little as 24 hours
  • Feel safe with non-recourse invoice factoring
  • Bad credit? No problem. We look at the credit of your client, not yours
  • Tax issues? You can be funded
  • Credit protection with every factoring program

We have proudly funded the Golden State of California with Non-Recourse Invoice Factoring and PO Funding since 1998. We understand the unique cash flow needs of California based companies.

What Types of CA Businesses Do You Fund?

BusinessCash funds CA’s leading industries including agriculture, manufacturing (transportation equipment, machinery, and electronic equipment), biotechnology, aerospace-defense, and tourism. Along with a multitude of service industries including all types of staffing, from IT to Nursing. We also fund timber, petroleum, cement, and natural gas industries.

Government contracting funding is a major part of what we offer in PO Funding, Vendor Guarantees, and Accounts Receivable Financing. There are 32 military bases in California (CA) including Air Force, Army, Coast Guard, Marine, and Navy bases. 212,000 U.S. military personnel currently stationed in California, contributing, directly and indirectly, $100 billion a year to the state’s economy. There is a strong need for government outsourcing and BusinessCash helps small businesses fund deals with the California government.

What is a Typical cost of Factoring?

Factoring fees are based on length of time for payment from your client. Below is an example chart of how fees work based on timeframe.

Fees vary based on your unique funding situation.

Length of Time for Payment Invoice Factoring Rate
20 days 1.00%
30 days 1.50%
45 days 2.50%
60 days 3.00%

Keep in mind that a good factoring company will work with you based on your customer’s payment history and make sure your terms are favorable to you.

Your customers pay in a particular pattern. If your customers all pay in 37 days, then a fee based on 30-day increments would be slightly more costly. That’s because you will end up paying additional factoring fees based on the extra seven days. Factors can design your fees based on your unique situation – daily, 10-day increments, 60-day flat fee, etc.

What Funding Programs Are Offered to Californian Businesses?

Where in California have you funded and what other client types we have helped with their cash flow needs?

Is your California small business ready to get funded? Call us toll-free at (888) 400-5930, complete our secure online funding application or chat with us.

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