Small Business Financing
If your small business is experiencing financial difficulties due to having to wait as long as 60 days to receive payment from clients, Small business financing from Business Factors can help you to overcome these challenges. Large businesses can afford the long payment wait times, but small businesses, particularly start-up companies, simply can't.
If you go to a bank to obtain financing for your small business, however, they will require:
- Collateral
- Detailed financial reporting
- And a good credit score
In addition, the qualifying process for financing for small businesses for most banks takes up to several weeks, leaving you in the uncomfortable situation of being unable to finance your operations and at the same time unsure if you will be able to do so on time to meet payroll and purchase the equipment and supplies that you need.
Our financing programs for small businesses:
- Are based on the credit of your clients and the amount of your client invoices and accounting receivables
- Do not require a business plan
- Are designed to provide you with the quickest credit decision and the most rapid funding options available
Whether you are in need of small business equipment financing or a reliable, stable cash flow that can be integrated into your business plan, our small business financing options can provide the funds you need to make your dreams of entrepreneurial success a reality. Contact Business Factors today to learn more.
