Furniture companies and other industry participants seeking business financing without robust credit guarantees and robust financial statements may consider invoice factoring a practical approach to business capital needs. In competitive marketplace securing working capital loans without putting your company in financial risk by taking on large amounts of debt is paramount and can be achieved through accounts receivable factoring, also known as invoice factoring. If your factoring brokers is looking to raise capital through viable alternatives have them contact us to review your needs analysis.
Conventional working capital loans as a means to small business financing involves long committee approvals and place advance limitations on whatever funds received. We specialize in assisting capital constrained furniture companies to acquire the much needed capital without the red tape presented on traditional loans.
A way, to overcome the time needed to raise working capital and improve cash flow is to collect the invoices from credit worthy clients by the means of invoice factoring in lieu of small business funding.
Debt and equity dilution maybe simply not options for small to medium furniture companies. Many finance brokers rely on industry professionals to execute time sensitive transactions. Our firm is committed to assisting companies with their needs during times of capital constraints.
Simply, there is no comparison between traditional debt to accounts receivable financing which creates tremendous working capital minus the usually incurred debt plus our seamless integration of credit management services. This approach advances a company payroll service and utilization of business growth from cash flow resulting from the accounts receivable factoring.
Furniture companies financing can be handled quickly by the outright sale of its uncollected receivables to Lily Pad Financial for immediate cash.