Chances are unless you’re a seasoned business with a proven track record and good corporate credit, banks won’t talk to you. Only 20% of small businesses are approved for a loan with the bank in the first place. With a lot of small to medium size companies, their only viable asset is the larger client and the account receivables they currently have outstanding. With that kind of a balance sheet, it’s difficult to find the funds necessary to grow your business.
At BusinessCash, working with fast-growing companies is what we enjoy doing. Either through invoice factoring or purchase order financing programs, we inject your business with the fresh capital it needs to break through the stagnant barrier and advance you into that next stage of growth. Plus, it’s non-recourse meaning its credit protected reducing risk to you.
If you work with creditworthy customers, we can advance you up to 92% on your current outstanding invoices. We will wait the 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are under-capitalized!