In 2020 the world changed
Business Funding Did, Too
Post COVID Funding
Funding for the new normal
Accounts Receivable Funding
AR Funding
What Is Factoring?
Factoring, sometimes referred to as AR funding or Accounts Receivable funding, is the process of a B2B business selling its invoices, or receivables, to factoring company, who then collects the funds when due.Because most of the underwriting in factoring is done based on the invoice payee (your customer), it is a two-step underwriting process. Factors are going to be especially careful until a more complete picture of the long-term effects of COVID on the business world emerges.
You shouldn’t wait for that, however! As part of their service, your factor will prepare all the reports relating to your accounts receivable and handle help underwrite customers. Can you think of a better time than now to have that service?
Let us be your advocate. The team lead on our Post-COVID funding project started the only factoring franchise in the world and grew it to over 100 offices in 5 countries before it was acquired. Who else would you rather have on your team when you explore this alternative lending option?
It’s better to know the HOW than the WHY
We can’t tell you we know what lenders are looking for. They themselves are still figuring it out. When you can’t know the “why”, the “how” becomes indespensable. We know how to present a business. We know how to shop lenders. We know how to speak their language. We know the grueling, tough questions they are likely to ask you, and we can ask them first.
Yes, small and mid-sized businesses can still get capital. Yes you can still get funding for your next stage of growth, or to get you back on track. You just have to know the “how”.
It’s better to know the HOW than the WHY
We can’t tell you we know what lenders are looking for. They themselves are still figuring it out. When you can’t know the “why”, the “how” becomes indispensable. We know how to present a business. We know how to shop lenders We know how to speak their language. We know the grueling, tough questions they are likely to ask you, and we can ask them first. Yes, small and mid-sized businesses can still get capital. Yes you can still get funding for your next stage of growth, or to get you back on track. You just have to know the “how”.Find YOUR new normal
Our team of professionals can help you find your new cashflow equilibrium.
We will look at your individual situation; financial and business history, detailed projections, industry outlook, funding requirements, business volume and other factors. We will challenge your assumptions. We will ask you the hard questions now, when an incorrect answer won't cost you access to the capital your business needs to flourish.
We may recommend pursuing a traditional bank loan, and we can help you shop to the right lenders who are ready to do business. We may recommend that you leverage capital tied up in receivables, and find a factor that meets your business profile. We may match you with a company that specializes in funding businesses based on hard assets. First, however, we'll get to know your business, so we know how to advise you.
Find YOUR new normal
Our team of professionals can help you find your new cashflow equilibrium.
We will look at your individual situation; financial and business history, detailed projections, industry outlook, funding requirements, business volume and other factors. We will challenge your assumptions. We will ask you the hard questions now, when an incorrect answer won't cost you access to the capital your business needs to flourish.
We may recommend pursuing a traditional bank loan, and we can help you shop to the right lenders who are ready to do business. We may recommend that you leverage capital tied up in receivables, and find a factor that meets your business profile. We may match you with a company that specializes in funding businesses based on hard assets. First, however, we'll get to know your business, so we know how to advise you.