Friday, September 12, 2014

Initial Funding: $500,000

As you may know, not all family-owned businesses are passed down from one generation to the next. In this case of a rapidly-growing distributor, ownership was passed down from the son to the father. The experienced father sought additional ways to capitalize the fast-growing business and also wanted to lower the costs involved in boosting credit controls and accounts receivable record-keeping needed to manage the expected 40% increase in growth.
Within a month of acquiring the business, the dad contacted us to arrange a factoring relationship. After talking to us, he was impressed with our flexibility, particularly our no term agreement program. With our help, he not only got the cash he needed to support his rapidly-growing business, but he was also able to efficiently utilize our credit support features and accounting capabilities.

So, if you need a fast solution, email us now at Lgpotter33@gmail.com and let us know what industry your company is in and the invoicing volume if possible. Thank you.

Larry

Wednesday, September 10, 2014

Factoring For A Temporary Staffing Firm for Building and Construction

The initial funding for this client was $100,000 and was for a staffing firm in Florida. This business specialized in the temporary placement of building and construction personnel, which saw a major upswing in business in the months following Hurricane Wilma.

Always believing that too much business was a good thing, the owners soon found themselves struggling to keep up with demand. What they needed was capital to support new personnel, and they needed it quickly.

We quickly evaluated their financial situation and structured a financing program that met their growing needs.

With our quick capital solution, the company was able to secure the resources they needed to meet their nearly tripled volume.

If you need a fast solution, email us now at Lgpotter33@gmail.com and let us know what industry your company is in and the invoicing volume if possible. Thank you.

Larry

Saturday, September 6, 2014

Factoring with Initial Funding of $85,000

Here Is Another Example From a Financial Compliance Auditing Firm Client:

Client's Problem:

The one limitation for this financial compliance and auditing firm was their access to capital. They had all the makings of success including a solid customer base, an array of value added services and an experienced staff. Only one obstacle remained that they had to deal with and that was they needed cash to grow.

Our Solution:

After evaluating the firm's financial position, we structured a factoring solution that addressed the firm's cash flow needs. The president of the firm obtained a financing program that would allow her to cover growing operating expenses plus she got it without having to mortgage her family's wealth with a personal guaranty.
If you wish to have your accounts receivable paid with 24 - 48 hours, contact us at  Lgpotter33@gmail.com now! And please let us know what industry your company is in and the invoicing volume if possible.

Friday, September 5, 2014

Factoring Can Mean More Capital for Your Venture.

How Our Factoring Saved A Company...

For one company, the loss of 2 big clients meant severe problems for the owners of a small machine tool company.

Not only did losing out to a competitor's underbidding hurt corporate morale, it also put major stress on the company's financial position. Customer revenues were down over 49% and the bank was considering foreclosure. Bankruptcy was getting ready to rear its ugly head!

What was the solution?

Within 5 days, we presented the company with a factoring program that elevated cash flow issues.

In addition, we set up a forbearance agreement with the bank by agreeing to provide 3rd party payment discipline.

If you wish to have your accounts receivable paid with 24 - 48 hours, contact us at  Lgpotter33@gmail.com now!

Note: We need to know what industry your company is in and the invoicing volume if possible.

Thursday, September 4, 2014

Factoring is simple and provides your business with quick cash....

Let's consider a software company who has just delivered $100,000 of software to a major computer manufacturer.

Instead of waiting the typical payment period of 60-90 days or more, the software company might factor the invoice with us and receive between $70,000 - $85,000 (read on) within 24 hours!


That company could then use the cash to fund a marketing campaign for a new software release, or simply pay off some outstanding debt.

As soon as the computer manufacturer remits payment, and the payment is cleared by us, the software company will receive the remaining value of the invoice minus the factor's fee.

It does not get much simpler (of faster) than that. So of you need your cash now, let us know what industry your company is in and the invoicing volume if possible.

Larry @  Lgpotter33@gmail.com

Wednesday, September 3, 2014

What is Accounts Receivable Factoring?

It is a form of financing where a business such as yours, sells its accounts receivable to a company like ours known as a factor. Once a business sells its invoices or accounts receivable, the business immediately receives cash for a percentage (normally 70-85%) of the invoice. The remainder, less the financier's fee, is paid to the seller when the full invoice payment is received and cleared by the factor.

Contact us at Lgpotter33@gmail.com  if you are ready to sell your invoices for cash now instead of waiting 60 - 90 days!

Please let us know what industry your are in and volume that you do. Thanks.

Tuesday, September 2, 2014

Factoring with No Personal Guaranties

For years, borrowers have been conditioned to expect to provide their personal guaranty whenever they obtain funding for their business. To most, it is like that is the basic 'rule of the road' to obtain funding. But we have successfully changed this paradigm! We do not require it.

It only stands to reason that if a factor is funding legitimate invoices payable by credit-worthy debtors, there should never be any guaranty required. To guard against loss, we perform due-diligence on its client, their history, and their business practices. We also review incremental funding requests, but unlike our competition, we do not seek additional comfort through a personal guaranty.

So, we have chosen to lead the industry by not requiring personal guaranties as a matter of practice.  While there may occasionally be circumstances that require a PG, those circumstances are extremely rare for us.  The benefit to you is obvious and substantial.

We are the "no personal guaranty" factor!

Contact us at Lgpotter33@gmail.com if you are ready to sell your invoices for cash now instead of waiting 60 - 90 days!