Funding & Factoring Solutions
When you need working capital, where do you turn? Banks? Investors? Relatives? These days, banks aren't the easiest places to get money. You need assets, strong cash flow, and a record of success. And to make matters worse, banks prefer to loan you a very specific amount of money holding you and your company captive. In a perfect world, all your customers would pay their bills right away. In the real world though, that's just not the case. It can take 30, 60 or even 90 days or more to get paid. Why wait?
With our funding program you can free the cash that's ALREADY in your company through a variety of funding services. We can help you turn accounts receivables and other assets, into working capital. You can use those funds where you need to, and when you need to - giving you greater ability to manage your cash flow and grow your business the way you want to.
How Factoring Works
It's simple. You invoice your customer. Millennnium will then purchase the invoice from you, advance you a percentage of the invoice total, and upon payment of your invoices, we take a small fee and remit the remaining money's back to you. Here are the benefits:
- Quick access to a steady cash flow.
Once approved, you can give have access to your cash within 24-48 hours.
- Credit issues are not a problem
Credit is established based on the credit worthiness of your customers, not on your company's financial history.
- Coverage under our credit insurance policy.
We can offer you credit insurance protection on your invoices - we can help you manage your credit risk.
- Coordination with your bank.
If you have an existing credit line, that's not a problem. We can work with your current bank in order to facilitate factoring transactions.
- No liability on your balance sheet.
Because we are giving you access to money that is already owed to you, factoring does not create a financial liability on your company's balance sheet.
Our program gives you the ability to manage your cash flow. You fund what you want when you want.
- Online reporting available 24/7.
Purchase Order Funding- Grow faster and take on bigger Clients.
Managing rapid growth can be tough, especially on your cash flow. The faster you grow the more money you need to support payroll, equipment, materials and other expenses. And without adequate financing, you may lose out on valuable opportunities.
At Cambrian Group of Companies, our job is to help you turn opportunities into profits. Our purchase order funding program provides immediate access to working capital by financing inventory purchases and the completion of services related to specific purchase orders.
Often referred to as "Private Money," "Hard Money," or "Bridge" loans, our loans offer greater flexibility than traditional banks' loans. Funding can help you Capitalize Your Potential. (All Funding and Factoring promotions by the Cambrian Group is in association with and financed by Millennium Funding.
Call us today at (1-866)524-1722x 23
"You have the right to succeed, and we have the tools to do it."