Once an SME ourselves, we know the constraints of small businesses having cash flow issues. Having to pay for infinite operational costs like salaries and maintenance while coping with late fees from clients is not an easy task. At times, these late fees can be delayed up to 90 days. With strong cash flow, businesses struggle to make ends meet rather than focusing on improving their business.
With our factoring solutions, you can turn your account receivables into cash, generating extra liquidity for your company. By trading in outstanding invoices or receivables, businesses can receive up to 90% of the invoice amount within a day. Save the hassle while assisting you in collecting fees from your debtors and even protecting you from buyers’ default.
With steady cash flow, you can now focus on growing your business while we take care of the rest.
To promote the growth of your business and produce more revenue, the company has to invest in some avenues from time to time. Whether it’s an equipment upgrade, an inventory order, a new location, or even marketing campaigns, it needs a large sum of cash.
The term loan is a lump sum of capital that you will pay back in installments at a fixed interest rate. As the name implies, the repayment period will be for a fixed term, usually 1 to 5 years long. This business term loan can assist finance something that helps create more profits for your business.
PURCHASE ORDER FINANCING
As a small business or a startup, it’s sometimes challenging to keep up with the number of orders from your customers. Lacking the capital to purchase raw materials or access inventory to fulfill the charges will turn customers away, decreasing your profits.
Purchase order financing provides working capital to growing businesses to pay suppliers for verified purchase orders. With this additional financing, companies no longer have to decline new orders due to limited cash reserves or cash flow challenges.