When Your Organization Needs Specialized Financing

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There’s more to corporate economics than debt restricting and finding solutions for unfortunate worst-case scenarios. When your business is entering a time of growth dependent on receiving the right financing then you will need to work with professionals who can assure you the funds your organization requires. Working with professionals to help you establish your financing is essential, especially if your organization has a negative mark or two on its lending history.

The main reason to work with a professional company to help arrange your financing is a simple one - the company you work will provide you with information on, and access to, funds you didn’t even know existed. Some of these specialized forms of financing include merchant cash advances, equipment leasing, asset based financing, purchase order financing, and accounts receivable factoring. The financing option you ultimately choose to pursue depends a lot on your current economic situation and your upcoming needs.

For example, equipment leasing offers a great way to increase the size and capacity of your business even when you don’t have a whole lot of cash to spend on expansion. By leasing equipment for when you need it you will save significant sums compared with purchasing money outright, and you’ll be able to spread those remaining costs out over a long period of time.

On the other hand, your expansion plans may require having a lot of cash on hand - cash your organization doesn’t currently have to spend. When that’s the case, you can use a merchant cash advance. This form of financing is easy to understand. A merchant cash advance is a big lump sum lent to your organization with the agreement that your organization will serve up a certain percentage of your future credit and debit card sales to the lending institution.

As you can see, most organizations have significantly greater and more varied financing options than they may have originally believed. By selecting and acquiring the right form of financing to meet your needs, we’re happy to help your company grow to the next level - even if you’ve already written growth off as impossible.