If you need immediate cash to fulfill business obligations perhaps accounts receivable factoring or purchase order financing can help.
My funding sources are providing funding for worldwide projects of $ 500,000 or more in US Dollars for accounts receivable factoring and purchase order financing if you meet the criteria below.
What is Factoring of Accounts Receivable ?
Factoring is a financial transaction whereby a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount in exchange for immediate money with which to finance continued business. Factoring differs from a conventional loan in three main ways.
1. Emphasis lay on the value of the accounts receivable, not a company’s credit rating.
2. Factoring is not a loan, it is the purchase of accounts receivable.
3. A conventional loan involves two parties (borrower, lender) whereas factoring involves three, the seller of the receivables, the debtor and the factor.
What Are The Benefits of Factoring of Accounts Receivable ?
• Improves cash flow without adding new debt
• It’s flexible, factor as little or as much as you want
• Improve your credit rating, with money available creditors can be paid in a timely manner
• Able to take advantage of supplier discounts
• Does not tie up all business assets as collateral
• Fast turnaround times and once approved the process is quick
Which Businesses Can Benefit from Factoring of Accounts Receivable ?
• Insufficient collateral to raise funds
• Poor credit scores
• Rapidly growing
• Seasonal
• Slow turnover
• Start ups
• Transitional modes
• Unable to qualify for conventional funding
What is Purchase Order Financing?
Purchase Order financing is when a purchase order is received and monies are required to fill that order, the purchase order is exchanged for a discounted dollar amount. This frees up capital in order to fulfill customer obligations.
What Are The Benefits of Purchase Order Financing?
• Allows a business to accept purchase orders, regardless of available current capital
• Enables a business to finance up to 100% of their supplier costs, allowing delivery of more frequent & larger orders
• Purchase Order financing does not place arbitrary limits like bank financing and is directly tied to a company’s sales, which means that all that is needed to obtain additional financing is to obtain orders from solid customers
Which Businesses Can Benefit from Purchase Order Financing?
• Small to Medium sized
• Those which have exhausted their available funds or bank options
• Those which sell 3rd party products such as wholesalers, distributors and resellers and are growing quickly.
Available for both start up (pre revenue) and existing companies
All countries are eligible
If you are contacting me to request funding, you need to be one of the executives of your business (preferably the C.E.O.), legally capable of signing a contract on behalf of your business, no third parties, please.
Please mention this EXACT blog post when applying (copy & paste the title of the blog post within your e-mail)
Send an e-mail to me at ifindfunding@gmail.com
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