The call was a tough one: Our client had a written contract with open terms stating that they would have 45 days to pay their bill – end – but on the Friday before the Monday that the product needed to ship our client received a call and the supplier demanded 50% up front or [...]

Can you imagine a factoring company setting up a contract with your company knowing full well that your customers are not going to pay you in time and too that this is going to put you and your company in financial duress? If you know of this having happened please share it with other here [...]

When their bank and several other funders turned them down, a growing clothing manufacturer in New England was referred to us.  We worked out an alliance with their bank that allowed us to complement the existing bank loan and credit line, enabling this company continued growth. Why is this an important success story? First off: [...]

People who are owed money or are receiving payments from clients can often access large payouts immediately instead of waiting to get paid. And why not? After all, it’s their money! The most basic ways to bill for services is either through an invoice or accounts receivable. Did you know that you can get paid [...]

Invoice Factoring and sale lease backs are two processes that release the equity your business owns in it’s assets. When working capital is buried in an asset we refer to this as a “non performing asset” because it’s not doing your business any good. When you need cash and your money is tied up in assets [...]

Hard money loans are property loans designed for rapid availability, which allows borrowers to either take advantage of an emerging opportunity or protect themselves from a pending problem. Hard money loans almost always apply to commercial property, and allow advances typically up to 70% of the property value to be made available to the borrower. [...]

Service businesses, such as staffing, consulting, repair, installation, and many others, don’t have hard collateral; instead, their most valuable asset is a great product or service. As smart businesses provide their services and bill their clients, they convert their invoices to cash as they need to or want to by running their businesses almost in [...]