Freight Factoring Vs. Bank Loans

IS YOUR BANK EAGER TO PROVIDE YOUR WORKING CAPITAL?

Banks use formulas to determine lines of credit and small business loans. How does your business fit into their lending box?

Do you need outside-the-box lending to get the working capital you need?

  • Is your business concentrated with one customer?
  • Is your industry currently out of favor?
  • Have you recently experienced an interruption in earnings, or decreased earnings from last year?

IF YES, YOUR BANK WILL PROBABLY SAY “NO” TO OFFERING YOU FINANCING.

  • Are you fast growing, but too young of a company to have a track record?

IF YES, YOUR BANK WILL PROBABLY SAY “NO” TO OFFERING YOU FINANCING.

  • Are you a young a growing company with high gross margins and low overhead, but with inadequate infrastructure to generate all the bank’s required reports?
  • Are you wanting to expand but don’t have personal assets or capital that the bank is looking to collateralize?

IF YES, YOUR BANK WILL PROBABLY SAY “NO” TO OFFERING YOU FINANCING.Freight Factoring Vs. Bank Loans Call Venture Capital today.

Utilize Freight Factoring: Think Outside the Bank!

  • Receive immediate cash for working capital needs
  • Sell your Freight Invoice at a small discount and move onto your next load
  • Receive funds within 24 hours with several delivery options – YOU CHOOSE
  • Eliminate confining long-term bank loans or commitments
  • Get the cash you need, when you need it most – NOW
  • No long turn times or delays just to find out the bank declined your application