Alternative Business Finance Resources

Now Businesses have an alternative to traditional Bank Financing. With very little paperwork and time involved a Business can apply for a cash advance. How a Merchant Cash Advance works is pretty simple. 

Business Cash Fast

You simply are selling off part of your future credit card sales much in the same way businesses sell their invoices (factoring) to raise capital. In some cases a business can raise up to 3x monthly sales. So if you are accepting 20,000 in Visa and Mastercard Discover per month you could possibly be eligible for 60,000. The money is repaid thru a set percentage of your daily credit card sales. 

This percentage is set so if you have a slow month you pay back a little less if you have a busy month you will pay back more. This is a great Alternative to Bank Financing. The funding is faster less paperwork typically you can have your funds within 5 business days. 

Business Invoice Financiing

Many types of Businesses are eligible for this type of Financing. From Auto Repair to ZOOs. You could have the money you need to help grow your business.

Funds can be used for any purpose you see fit.






Merchant Cash Advances are available Nationwide and most businesses that try this type of finance utilize it as a type of open line of credit. %75 of Businesses renew their Business Cash Advances

Contact:
Mike @
NorthWest Finance
Nationwide Alternative Business Finance Options
612-615-8196
www.businessinvoicefinancing.com

Invoice Financing | Merchant Cash Advances | Purchase Order Financing | Business Equipment Leasing

Merchant Cash Advance – Business Cash Advance

Owners of growing businesses who do not have a good credit history can turn to a Merchant Cash Advance to get their company funded. The advantage of getting a Merchant Cash Advance (MCA) is that your business will have the chance to get funded while it is still growing and does not yet posses a good credit history or sales record. 

Merchant Cash Advances

Because of the high numbers of small business owners that are rejected in obtaining a traditional bank loan, more and more entrepreneurs go for a merchant cash advance instead. They offer easier and much quicker funding for any type of developing businesses without the need for complicated agreements.

The MCA is a funding process that is basically a form of credit card factoring. Here, selling a percentage of your daily credit card sales to the MCA provider is done instead of  utilizing physical collateral and loan guarantees. 

The underwriters will calculate all the sales your business is having through your registered credit card account. The repayment money will be deducted from your business’ monthly sales to the cash advance lender. The process will continue until the cash advance is completely paid.

 If your business has improved and the credit sales rise, the MCA provider will get repaid a lot quicker. In case there are no improvements and the sales did not increase, there will be no risks on your behalf and the cash advance lender will not take legal actions against you. That is the advantage of having no collateral and strict agreements.

Merchant cash advance offers a fast method of obtaining capital, so that your business will get funded right away. Just a few days after your application for the cash advance has been approved, the money will be forwarded to your account. There are also no need for any processing fees or upfront money.

Business Cash Fast

Upon presenting the said requirements, the underwriters will evaluate your application for a credit card sales advance. All you need to do is wait for a little while and the cash will instantly be forwarded o your account.

That is how easy a Merchant Cash Advance works! It gives your business the chance to get funded even while are struggling with financial issues.

Contact Us Today and Get Funded,

NorthWest Finance
612-615-8196
Nationwide Business Financing Options
www.businessinvoicefinancing.com

Merchant Cash Advances | Invoice Financing | Purchase Order Financing | 

Lease Financing

Invoice Financing 5 Reasons Why it Works

There are many different options for financing your business. Keeping working capital on hand for any number of future business objectives is critical. Invoice Financing is one of those tools. Keeping an open mind and utilizing time tested business finance options can be a method any type of business
can utilize. It's fast and has been used by companies for hundreds of years.  

It doesn't matter if the economy is slow and you need cash flow to get thru a rough patch or if the economy is rolling and you need to keep up with production demand Invoice Financing can be a tool you have at your seed when the need for liquidity arises.

Here are a few reasons Invoice Financing should be a source for you to turn to.

   
1. Bank loans can be difficult to qualify for
Even during the best of times, qualifying for bank financing is difficult for most businesses.  With factoring, qualification is primarily based on your customers’ credit, not yours.  Why?  Because factors (companies who buy invoices) don’t lend money, they buy invoices.  Factors will work with companies that have tarnished credit, or very little credit history, as long as their customers pay their invoices on time.

2. Collateral
Bank loans are secured by all your corporate assets and often by your personal assets as well.  Invoice Financers only require a first priority lien on your accounts receivable.

3. Scalability
If you have a bank line of credit, the business opportunities you can pursue are governed by the size of your credit line.  With Invoice Financing, there are no credit line caps to limit your growth.  The amount of capital available to you grows in direct proportion to your sales success.  More sales and larger accounts mean more and larger receivables, which can immediately be financed to obtain the cash you need to service customers and sustain growth.

4. Flexibility
A bank loan creates a long term commitment – a monthly payment and a debt that must be repaid whether the business succeeds or fails.  Invoice Financing simply accelerates the payment of monies your company has already earned, and it can be turned on and off like a faucet.  You can factor all your invoices one month, and none the next.  You can decide which is invoices to factor, and when.  If you need cash to meet payroll or to capitalize on an opportunity, just finance some invoices.  With invoice financing, your receivables become an open line of credit that you can tap into whenever you need more cash.

5. Cost
The fees associated with factoring are competitive among other financing options.  For example, they are comparable to the fees charged by credit card companies to advance cash to merchants on their credit card sales.  Factoring fees could be considered cheaper than bank or credit financing if you take into account all the extraneous fees that banks charge in addition to the cost of funds - application fees, service charges, escrows to maintain, plus the requirement to pledge all your assets.

These are just the top five reasons to consider Invoice financing as an option in your cash flow toolbox. If you are considering obtaining Invoice Financing Purchase order Financing or a Merchant Cash Advance consider NorthWest Finance, a nationwide finance company.

NorthWest Finance
Minneapolis, St Paul, U.S
612-615-8196
www.businessinvoicefinancing.com 

Invoice Financing | Purchase Order Financing | Merchant Cash Advances | Equipment Lease Financing

Invoice Financing - Purchase Order Financing

Have you overlooked Invoice Financing as a tool to keep your business finances liquid? Are you ready if the need arises to finance new equipment or facilities or hire more employees? If the opportunity arises do you have enough cash in reserves to take advantage of an opportunity that will take your business to the next level?

Invoice Financing for Large or Small Businesses

The reality is that invoice financing is a financial tool that offers funding enabling you to access funds tied up in unpaid invoices. If you are waiting 30-60-90 days to get paid you are under utilizing those assets.

It really doesn't matter whether
you operate a small manufacturing business or a large transportation company you need to liquid assets to take advantage when the opportunities arise.

Invoice financing offers you the flexibility that you are going to be looking for when the time arises.

The reason Invoice Financing has become so popular is the flexibility from which funding can be acquired. Submit a partial invoice or submit the whole thing. Submit an Invoice for Financing once a year or submit them daily it really doesn't matter. Once you have an account set up it's up to you. You control the when the need for liquidity arises.

When companies need to improve their cash flow Invoice Financing significantly increases liquidity in the absence of traditional bank loans. Bankers can be slow to make a finance decision costing you opportunities that your competitors will gladly take advantage of.

Once you have delivered the goods or services you are eligible to submit your invoices for financing. The typical time frame can be funded in as little as 24 hours. You will get up to 95% of your invoice advanced to you the finance company will then advance the remaining percentage once the invoice is collected upon minus their finance fee.

It's fast and easy with very little paperwork necessary to complete the transactions.

Obtain financing without adding debt to your business. Debt can be burdensome making large payments month in and month out. It can also lead to stress and bad decision making. When you have large amounts of debt it also makes your balance sheets unattractive for potential investors or buyers.

Flexible Business Finance Options

If you have a lot of outstanding business invoices clearing them from your books can be a great way to show potential buyers how clean your books are. This makes perfect sense if your end game is to build up your business and offer it for sale.

In most cases Invoice Financing makes sense for businesses. If you are in need of a relationship with an invoice financing company contact NorthWest Finance we have the resources to fund from the smallest invoice to the largest outstanding invoices. From small local companies to large corporations you can take advantage of invoice finance to provide liquidity for your next big business move

NorthWest Finance
Minneapolis - St Paul, Nationwide Finance Resources
612-615-8196
www.businessinvoicefinancing.com

Invoice Financing | Purchase Order Financing | Lease Financing | Merchant Cash Advances

Merchant Cash Advances for Auto Businesses.

Merchant Cash Advances for Auto Repair Businesses

 

Auto Repair Shops are finding Merchant Cash Advances a quicker and more accessible alternative business financing than bank loans. Auto repair business

Auto Repair Merchant Cash Advances

growth may include upgrading repair equipment. These high price tags often mean leasing or alternative financing. NorthWest Finance cash advance funding is a proven source for fast cash to meet a repair shops financial needs. 

Merchant Cash Advances are a cost-effective option to leasing that both secures your operating capital for your shop while keeping your new equipment free from liens or security interests. Also, no personal guarantee is needed from the business owner – NorthWest Finance takes on the risk of the cash advance!

Commercial equipment leasing financial institutions secure your lease with the purchased repair equipment used as collateral. With our merchant cash advance, you use a portion of your future Visa and MasterCard sales to obtain the purchasing funds upfront – no collateral, no personal guarantee, no major changes to your Balance Sheet. Often auto repair shops find the new equipment allows the work flow to increase, creating more sales that pay off the advance well within the usual repayment period.

Since your equipment is purchased with a cash advance and not a lease or a loan, there are no late fees, late payment, fixed payment schedule or annoying phone calls looking for payment. Since a Merchant Cash Advance is not repaid from your businesses cash flow only a percentage or a portion of your income is used to repay the cash advance from Visa-Mastercard.

The speed with which NorthWest Finance responds to your merchant cash advance application means your repair shop can proceed quickly to get new repair equipment, advertising or pay upcoming bills, like quarterly IRS payments, on time. Our rapid approval and cash advance process usually takes less than ten business days. Once your merchant cash advance is approved, the money is transferred directly to your auto repair shop’s bank account.

 

Auto Repair Business Cash Advances

Contact the merchant cash advance experts at NorthWest Finance and see how our alternative business financing can assist you in meeting your company’s working capital needs better than traditional loans and commercial equipment leasing options.

 

There is no need to switch processing companies. 

Minimal paperwork 

Funding typically takes 72 hrs.

 

Good credit? bad credit? or no credit we can help finance your business.

 

Contact:

Mike

NorthWest Finance

Minneapolis, St PauL, and Nationwide

www.businessinvoicefinancing.com

1-612-615-8196

 

                           Merchant Cash Advances | Merchant Cash Advance Companies                            Business Cash Advances

Invoice Financing for Auto Supply Companies

Invoice Financing can be utilized by many different industries and company types do you own or run a automotive supply business? Automotive supply businesses are very easily financed thru invoice financing.   

Auto Parts Supplier Finance Options

Invoice financing can be the difference between make it or break it. if you re selling large amounts of auto parts to retail stores, exporters or any means of moving your inventory there may be times when you come upon a cash shortage to purchase more equipment fund facilities or hire more employees to help fill growing orders.

An Invoice Financing Company can help you bridge the gaps that arise from slow pays on orders you have full filled. There is nothing worse than waiting for long periods of time for payment on orders that have already been filled.

Auto supply businesses can benefit from strong relationships with their buyers. If your buyers are large retail chains for instance there is probably a decent lag between delivery acceptance and payment. Retail operations often run behind themselves as they wait for inventory to move off of shelves. Not everyone needs a starter for a 2006 Nissan but when they do they know where to find it.

No matter if you are a OEM auto parts distribution company or an aftermarket specialty parts company, you probably have a good relationship with your buyers in your distribution chain. This high level relationship can lead to reduced rates and fees when it comes to an Invoice Finance transaction as the finance company will be taking on less risk.

Here's an example (only) of how this type of transaction may look.

Your Auto Parts Company sells $100,000.00 worth of parts to a retail chain
You submit the 100,000 invoice to your finance company.
Once it is verified (typically same day or within 48 hrs. max) the finance company will advance you
85% or in this case $85,000.000
Once the invoice matures and is collected the finance company advances the remaining 15% minus their finance fee.

Alternative Finance Resources

It is a really fast and effective way for you to keep the cash flowing into your business for the things you need most. This type of transaction can be a one time or ongoing monthly relationship. Once you have an account open you are allowed to submit invoices as you see fit. When you are in need of additional cash flow submit a whole or partial invoice and get your money upfront.

If you have a need for a quality Invoice Financing Company contact NorthWest Finance. Invoice Finance, Purchase Order Finance, Equipment Lease Financing, and Merchant Cash Advances.


Get your money when you need it not when it's convenient for your contractors to pay it.

NorthWest Finance
Minneapolis St Paul, Nationwide
612-615-8196
www.businessinvoicefinancing.com

Invoice Financing, Purchase Order Financing,  Equipment Lease Financing, Merchant Cash Advances

Invoice Financing for your Buisness

Invoice Financing can help your business but maybe you already knew that? Invoice financing is a flexible alternative to traditional bank lending, an alternative that you can use whenever the need arises. 

In most businesses there is a work for pay relationship. Once that work is completed it is time to get paid. The only problem is sometimes the company that owes you money changes the rules in the

middle of the game. You submit an invoice only to find that you are going to have to wait 60-90 or longer even. Your family has to eat your employees need to get paid and there are other incidentals like lights and leases on buildings. Surely they won;t wait that long will they?

If you run a food service company that is in the business of manufacturing, distributing or importing for sale you are the perfect type of business to take advantage of a finance program like invoice financing.

Imagine you are producing a line of deli sandwiches for several large chains of convenience stores. You know the type of quick grab cold sandwich a customer can grab and eat on the go. In order for you to expand and enter new markets you have to have the production capacity to grow along with your new orders. Invoice financing can turn those 60-90 day invoices into cash allowing you to purchase more equipment or hire more employees, you get the contract you fulfill the orders you win!

Just a partial list of food types we work with would fill half this page but rest assured if you own a food related company and occasionally need cash flow to increase your capacity you can benefit from invoice financing.

Unlike banks you are not tied to a long term loan with high monthly payments. Our Invoice Financing smooths out this uneven playing field and gets you in the game to compete against the big players in your industry.

We will research your client's credit history and offer you credit protection. We will manage your outstanding invoices.

Who can wait until a payment finally arrives? Invoice Financing is the solution to meet payroll, pay taxes, purchase new equipment, or cover critical expenses necessary to the future growth of your business.




If you are in need of a reliable ongoing relationship with a Professional Invoice Financing Company
contact NorthWest Finance. Invoice Financing for many types of businesses nationwide.

North West Finance
Minneapolis, St Paul and Nationwide
612-615-8196
www.businessinvoicefinancing.com

Invoice Financing | Purchase Order Financing | Lease Financing | Merchant Cash Advance Financing