FREQUENTLY ASKED QUESTIONS
Accounts
Receivable Financing:
Q. What type of business can take advantage of this?
A.
Any business that generates an invoice and delivers a verifiable product
or service to another business or government agency.
All it takes is a willingness to accept a discount on the invoice--in
order to receive immediate cash.
Q. Must I agree to
finance a minimum volume of receivables?
A.
No. Finance one invoice or as many as you need to meet your cash flow
needs. Stop or continue as needed.
Q. Can a
new business with no credit (or a business with a
history of bad credit) qualify?
A.
Yes! Another benefit of accounts receivable funding is that it depends on
your customers’ creditworthiness, not yours. The funding source (Factor)
does the research to assess your customer’s creditworthiness.
Q. Can my business
qualify if we already have existing credit lines or
SBA loans?
A.
Yes! Accounts Receivable Financing complements any loan you may have or
are seeking. Funding companies can work with your existing lenders to
enable you to access additional funding.
Q. How complicated is it
to go through the process?
A.
A simple, streamlined application and quick approval process. Most
applications are approved within 24 to 48 hours. If initially approved,
due diligence takes place, and if your customers are
deemed
credit worthy, agreements are finalized, and cash for receivable(s) can
begin flowing within 7 to 21 days.
General:
Q. Can you say a bit
about the private investor companies that fund these income stream
categories?
A.
Most of the companies specialize in particular income streams: e.g.
Accounts Receivable
Financing, Purchase Order
Funding, Real Estate
Notes, etc. We work with
well-funded, highly regarded companies all across the country. Many of
them have merged over the past few years to become large investment
companies. We seek out and expand our business dealings with only those
that are well capitalized, have high ethical standards, and offer
excellence in customer service. Depending on your needs, we create a match
with the company that will do the best for getting you
the capital you need.
►Contact
Us Now.
CAPITAL NOW
Phone:
408-253-4782
Fax: 408-252-8864
E-mail:
info@capitalnow.net
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