Typically referred at as "factoring", AR Financing is neither equity nor debt, yet strengthens a balance sheet - and control of the business always stays with the owner. It is a trusted and effective method of both financing short-term cashflow and outsourcing the administration of credit and the task of arduous collections.
Factoring is a time-honored financing solution that offers many advantages while allowing business owners to focus on operating and building their client base. As opposed to banks, for instance, we offer flexible underwriting. We don't require the lengthy process, personal credit score, business history and restrictive covenants necessary for traditional debt.
Generally, we begin funding about a week after the application process begins. We support startups and high growth businesses, as well as businesses recovering from financial difficulties. Our ability to fund and service your business can keep up with the demands of growth without having to requalify you for a larger loan and charge any subsequent fees.
Your balance sheet remains strong, most importantly. Because we actually purchase the invoice from you and do not take an equity position, you incur no debt and keep control of your own business.
Additionally, we provide a thorough credit analysis on all potential and existing customers so that you can make an informed decision on extending credit, thereby minimizing the risk of bad debt.
Furthermore and finally, our professional collections team relieves you of the considerable time, energy and effort and expense required to follow up with customers to ensure timely payment.
Factoring is a time-honored financing solution that offers many advantages while allowing business owners to focus on operating and building their client base. As opposed to banks, for instance, we offer flexible underwriting. We don't require the lengthy process, personal credit score, business history and restrictive covenants necessary for traditional debt.
Generally, we begin funding about a week after the application process begins. We support startups and high growth businesses, as well as businesses recovering from financial difficulties. Our ability to fund and service your business can keep up with the demands of growth without having to requalify you for a larger loan and charge any subsequent fees.
Your balance sheet remains strong, most importantly. Because we actually purchase the invoice from you and do not take an equity position, you incur no debt and keep control of your own business.
Additionally, we provide a thorough credit analysis on all potential and existing customers so that you can make an informed decision on extending credit, thereby minimizing the risk of bad debt.
Furthermore and finally, our professional collections team relieves you of the considerable time, energy and effort and expense required to follow up with customers to ensure timely payment.
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Ron Finch
Factoring Kelowna BC
Factoring Kelowna BC
Liquid Capital Solutions Okanagan
250 469 9606
250 826 8446 (cell)866 999 0943 (toll free)
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