Accounts Receivable Financing
Accounts Receivable Financing, also referred to as ‘factoring’, is a transaction in which a business sells its accounts receivables (invoices) to a third-party lender. This is done so the business can receive its cash faster than it would by having to wait the typical 30 to 60 days for a customer payment. Factoring allows the company to then free up that capital that is currently owed to them in accounts receivables. This allows the company that sells its receivables to then focus on current and future business activities as opposed to spending their valuable time and efforts trying to collect on those invoices. This provides much needed flexibility and continued cash flow. Another benefit is the financing company then assumes the default risk of the accounts receivables, because factoring focuses on the credit worthiness of your customers, as opposed to the company’s credit.
Acquisition Financing
Acquisition Financing is obtaining the capital needed for the purpose of buying another business. Acquisition financing allows a company to greatly increase the size of their operations. Partners of Phoenix Rising Capital specialize in loan sizes typically ranging from $400K to $5 Million. A benefit of this product is goodwill financing up to $5 million with limited or no prepayment penalties. 100% financing can also be considered. Loan terms of 10 years for business acquisitions, with 25 years for acquisition or refinance of commercial real estate. Examples of acceptable financing could be the purchase of equipment, leasehold property improvements, buying or expansion of a current business, purchasing owner occupied real estate, and refinancing the company’s existing business debt. Examples of the type of industries considered are retail businesses, multi-use real estate, motels, service businesses, and special purpose properties.
Purchase Order Financing
Purchase Order Financing allows the ability to grow sales without being limited by the company’s existing capital. This gives the company the ability to have goods available for their clients from its business partners before an invoice is actually generated. This allows the company to grow without increasing its bank debt or by selling any company equity. Purchase Order financing helps to ensure timely deliveries to customers, which inevitably grows the business and allows the company to assume larger orders. Larger profits ensue by fulfilling larger orders, due to the quick funding that purchase order financing can provide. This option is valuable for distributors, importers, and resellers who need quick capital. It can also provide overseas manufacturers assurance to start production of goods.
Equipment Financing
Equipment financing can offer financing and leasing options for trucks, construction equipment, agriculture equipment, trailers, and tools, which allows the company to get the equipment they need when they need it. Having this much needed equipment helps generate revenue for your business. Owner-operators and start-ups are often perfect candidates for this funding option. Financing this much needed equipment allows the business flexibility, and also allows their existing working capital to be used for current and future business ventures. Businesses that currently have tax liens, repossessions, judgments, slow pays, and prior bankruptcies are also candidates.
Commercial Real Estate
Conventional loans, SBA loans (7A & 504) and non-owner occupied real estate options.
Ready To Explore New Possibilities?
Please contact Phoenix Rising Capital at your convenience for an initial consultation. We’ll work with you to determine a roadmap to success. We look forward to working with you soon.
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What We Offer
To meet the needs of various businesses and individuals, Phoenix Rising Capital draws upon a comprehensive array of services designed to meet your individual business needs.