Question 1

What types of businesses do you work with?

Accepted Answer

We work with small and medium-sized businesses across various industries including manufacturing, agriculture, retail, construction, and professional services. Our solutions are designed to help businesses with B2B transactions and those that need flexible financing options to manage cash flow.

Question 2

How quickly can I get financing approved?

Accepted Answer

Our approval process is designed to be fast and efficient. For most applications, you can expect a preliminary decision within 24-48 hours. Once approved, funds are typically available within 3-5 business days depending on the financing product.

Question 3

What documents do I need to apply?

Accepted Answer

The required documents vary by product, but generally include: recent financial statements, accounts receivable aging report, business registration documents, and identification for authorized signers. Our team will guide you through the specific requirements for your chosen financing solution.

Question 4

Are there any hidden fees?

Accepted Answer

No. We believe in complete transparency. All fees are clearly disclosed upfront before you commit to any financing agreement. Our calculator provides accurate estimates based on our actual rates and fee structure.

Question 5

What is invoice factoring and how does it work?

Accepted Answer

Invoice factoring allows you to convert your outstanding invoices into immediate cash. You sell your accounts receivable to us at a small discount, and we advance you typically 80-90% of the invoice value upfront. The remaining balance (minus fees) is paid when your customer pays the invoice.

Question 6

Will my customers know I am factoring?

Accepted Answer

Yes, customers are typically notified as payment instructions change to our collection account. However, we work professionally and discretely, maintaining your business relationships. Many businesses find that factoring actually improves their customer relationships by ensuring consistent supply and service.

Question 7

What types of invoices can be factored?

Accepted Answer

We factor B2B invoices from creditworthy commercial customers. Invoices should be for completed work or delivered goods, free of liens or disputes, and due within 90 days. Government contracts and purchase orders may also qualify for financing.

Question 8

What is warrant financing?

Accepted Answer

Warrant financing uses your inventory as collateral to secure a loan. Your inventory is stored in a certified warehouse and we provide financing based on its value. This is ideal for businesses with significant inventory assets, particularly in agriculture and manufacturing.

Question 9

What percentage of my inventory value can I borrow?

Accepted Answer

Typically, you can borrow 60-80% of your inventory's appraised value. The exact percentage depends on the type of inventory, its marketability, storage conditions, and market price stability. Commodities with stable prices may qualify for higher advance rates.

Question 10

How long can inventory remain in the warehouse?

Accepted Answer

Financing terms typically range from 3 to 12 months, depending on your needs and the type of inventory. The inventory must be properly stored in an approved warehouse throughout the financing period, with regular inspections to maintain collateral quality.

Question 11

What can I use working capital financing for?

Accepted Answer

Working capital financing can be used for any operational expense: payroll, rent, utilities, inventory purchases, marketing, equipment maintenance, or seasonal preparation. It's designed to bridge gaps in your cash flow and support day-to-day operations.

Question 12

How is the loan amount determined?

Accepted Answer

Loan amounts are based on your business's financial health, including revenue, cash flow patterns, time in business, and existing obligations. We typically offer amounts ranging from $10,000 to $500,000 with terms from 6 to 24 months.

Question 13

What are the repayment terms?

Accepted Answer

Repayment is structured to match your business's cash flow. Options include monthly payments, weekly payments, or percentage-of-sales arrangements. We work with you to find a repayment schedule that supports rather than strains your operations.

Question 14

When should I consider debt restructuring?

Accepted Answer

Consider restructuring if: monthly payments are straining cash flow, you have multiple high-interest debts, payment terms don't align with your revenue cycles, or you're struggling to meet obligations. Early action provides more options and better outcomes.

Question 15

Will debt restructuring affect my credit?

Accepted Answer

Our restructuring solutions are designed to improve your financial position, which can positively impact creditworthiness over time. We work to consolidate and reorganize debt in ways that demonstrate responsible financial management to future lenders.

Question 16

What debts can be restructured?

Accepted Answer

We can help restructure most business debts including term loans, lines of credit, equipment financing, merchant cash advances, and trade payables. Each situation is unique, so we'll analyze your complete debt picture to create an optimal solution.

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