To Whom Do Undercapitalized Businesses Turn for Financing?

New orders have to be filled, and payroll has to be met. A company that provides purchase order financing and invoice funding programs can help you get the working capital amount you require to grow your enterprise.

Chances are that unless you are a business with good business credit and a proven track record, you will find it difficult getting the funds you need from traditional banks. The lone viable asset of many young companies is the invoices or accounts receivables they have outstanding.

Either through purchase order financing or invoice financing programs, a company can give you a lifeline of new capital to help you stay afloat in your line of business. 

If you are working with creditworthy customers, then certain financing providers can advance you as much as 90% on your outstanding invoices. Besides, those providers will wait for a certain number of days, say up to 60 days or so, for your clients to pay. The benefit is that you will not need to turn down large orders or contracts if you are undercapitalized.

See if you Qualify