Has “everyone” said you aren’t eligible for additional working capital? When a bank line isn’t an option, or can’t be increased under current circumstances, business owners can feel stuck. We often come to the rescue with our receivables solutions for b2b enterprises, but what if there is no A/R? Merchant cash advances for retailers are an option, and many other types of businesses can benefit from a similar solution called “stretch financing” or cash flow loans. These loans can be used for general working capital, inventory, supplier deposits before shipping and work in process transactions.
Recent fundings by our partners include:
- $100,000 facility to a trio of western Canada oil change shops (provided in near record time I might add!).
- $350,000 facility for a Canadian app developer to provide working capital.
- $750,000 facility to a US promotional company to fund the acquisition of another business.
- $750,000 facility for working capital and inventory for a US eCommerce apparel company.
- $60,000 facility for a US manufacturer of vitamins and other supplements to fund working capital.
- $200,000 facility for a US importer of cell phone accessories and electronics to fund working capital and inventory.
- $250,000 facility for a US importer of footwear selling to US retailers to fund inventory.
- $70,000 facility for a US staffing company to fund working capital.
- $40,000 facility for a US provider of virtual tutoring services to fund working capital.
- $50,000 facility for a Canadian importer of LED lighting to fund inventory.
- $150,000 facility for a US importer of apparel products to pay off an existing lender, which allowed a new factor to fund against the receivables.
- $60,000 facility for a US heating and air conditioning company to fund working capital.
- $50,000 facility for a Canadian provider of aluminum structures for the entertainment industry to fund inventory.
- A $80,000 facility for a Canadian manufacturer of store shelves to fund raw material purchases and working capital.
Need working capital? Give us a call for a chat, and let’s see what the best solution is.
