![]() Some of the ways Capstone demonstrates their commitment to broker relationships include: You often seek opportunities to provide them with unique methods of obtaining the cash they need to keep their business functioning. Your clients’ needs come before anything. If your business focuses on small companies and embraces minority-owned firms, you need a trusted partner. That is why for years, brokers have learned to rely on Capstone. This model holds regardless of the amount of business the broker is referring and which products they need to meet the needs of their clients. Most brokers are looking for an ongoing relationship that does not cost them future revenue exceptional communication between the funding company and themselves training when needed and tools to help them maximize their business potential. Therefore, identifying capable and trustworthy invoice factoring partners early in your career is essential. Too often, brokers offer leads to providers of financing and find themselves on the outside looking in. Please email us at or call us at 34 and let us help you create a customized plan that enables you to reach your full potential.Īs a financial services broker, identifying the right partners is essential. Instead, you can take advantage of factoring options and accelerate your cash flow starting today. You do not need to continue to attempt to run your business from job to job. You determine which invoices you want to use, we vet them, and we send you the agreed-upon amount upon approval. For example, if you decide to work with Capstone, you are not committed to factoring all of your invoices. The best thing about finding the right factoring partner is you retain a great deal of control over your accounts receivable. Then you or your financial broker have those invoices vetted by a factoring partner and within a few days, you have the cash you need to meet your obligations. Invoice factoring can help you meet your immediate cash needs without entering into debt you will have to repay later.įirst, you decide which invoice or invoices you want to factor. When you are facing a cash crunch because orders are fulfilled but unpaid, you may not know how to get the cash you need. If you are working with anyone who provides this type of financing, you should ask them about invoice factoring and how you can take advantage of it for your immediate needs. If you are like most business owners, you either know someone who offers short-term financing, or you are working through a broker who handles short-term loans. Since your lines of credit are often needed to ensure you have materials for future orders, what other options do you have to get the cash you need quickly? Factoring is the answer - invoice factoring is one of the easiest and fastest methods of getting a quick infusion of cash into your business. Companies understand how long it takes to apply for and gain approval for a traditional bank loan. When you are running a business, there are occasional times when keeping up with cash flow needs feels like an impossible hurdle to overcome. ![]() There are hundreds of situations in which our fast, flexible receivables financing can help.Most small and mid-sized business owners know someone who offers financing options. Most deals are non-recourse, insulating you from the cost of bad debt.You choose which receivables to fund and we assume the credit risk No obligations to sell all receivables.No closing costs (other than a one-time due diligence fee).No long term contract requirements (as little as 3 months).No tax returns or financial statements required.Plus when you factor at Prestige, there are: There are no limits, and you can get started with as little as $100,000 in qualified accounts receivable. It’s a line of credit based on your sales, not your net worth. You sell us your invoices and we immediately advance you the funds to operate and grow your business. Unfortunately, traditional financing doesn’t always fit these needs, may have too many restrictions, or takes too long for approval.Īccounts receivable financing, or factoring, with Prestige Capital provides you with the cash flow you need to function properly. HOW FACTORING WORKS Turn accounts receivable into immediate cashĪt one time or another, every company runs into a cash flow crunch, losing out on business opportunities or falling behind while waiting 30, 60 or even 90 days for customer payments.
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