In addition to debt restructuring, we work with many specialized lenders that provide a wide range of business financing options.
Accounts Receivable Factoring – Factoring is a financial transaction whereby a business sells its account receivable (i.e., invoices) to a third party who is a factor, at a discount in exchange for immediate money with which to finance continued business. This financing method is used by a firm to obtain cash to accommodate its other cash needs, such as new orders or contracts.
Merchant Cash Advance – A Merchant cash advance is a lump sum payment to a business in exchange for an agreed upon percentage of future credit card and/or debit card sales. A merchant cash advance is different than factoring because factoring is the sale of an invoice that already exists. A merchant cash advance is a sale of future credit card income that does not yet exist at the time of the sale.
Equipment Leasing – Equipment leasing can be a good way to grow your business without significant out of pocket expenses. In some cases, the full amount of the equipment, as well as the service, shipping, installation costs and maintenance can be included in the lease. This spreads the cost out evenly over the term of the lease freeing up your money to work harder for you.
Asset Based Financing – Asset Based Financing provides structured working capital and term loans that are secured by accounts receivable, inventory, machinery, equipment and/or real estate. This type of funding is great for startup companies, refinancing existing loans and financing growth.
Purchase Order Financing – Purchase order financing is a financing option for resellers or distributors of hard goods that lack the funds to pay their manufacturers. A purchase order represents a firm commitment to buy goods from one of these product resellers or distributors. On the basis of such purchase orders, a purchase order financing company will pay the manufacturer to produce and ship the goods. Once payment is collected from the buyers who signed the purchase orders, the purchase order financing company will be reimbursed for its outlays and collect its fee.
