Funding a business in our current economic climate is unquestionably a challenge. Especially with banks and lending institutions restricting use of working capital, numerous companies have found it challenging to fund their everyday operating expenses. Businesses that would normally be considered as financially strong are having a hard time managing cash flow and securing credit that is so essential to their needs and growth goals.
Dont loose hope there is a financial strategy that works in 2012…
This financing strategy is enabling companies to make use of their existing assets to finance their company. This strategy dates back over five thousand years and it is one that enables companies to make use of liquidity built up within their own assets to finance their everyday cash flow needs. Factoring Invoices is this financing strategy businesses can consider when conventional lending institutions are no more an option.
However, the issue then becomes: just how does a company incorporate Factoring their invoices into their business strategy??
When you are looking at factoring invoices, consider it is a form of outsourcing your companys account receivable . Factoring Invoices works by allowing companies to sell their clients un-paid invoices to a Factoring company like Neebo Capital. In return, the factoring company (Neebo Capital) will extend credit based on the value of the invoices and the capability of your client to pay back those invoices.
You win because your Company secures the business creditline you need, without having the responsibility of waiting for clients to pay. This improves cash flow and allows your company to use capital on hand to finance business opportunities your team has.
Neebo Capital has low rates, and a motivated staff to work through any financing hurdles that may face your business.