How can you obtain working capital?
March 14, 2009 by Accounts Receivable Factoring
Filed under More Factoring Answers
Can you answer leftyknockout’s question about Factoring?:
How can you obtain working capital if all your credit is close to being maxed even if you have never been late or missed a payment and your credit score is about 645?
I have been in business for 10 months and business increases by 10-19% a month and I am now in the black, however I need a hard loan to pay all credit cards and convert to one payment and expand with more inventory.
Instant Working Capital
How can you obtain working capital if all your credit is close to being maxed even if you have never been late or missed a payment and your credit score is about 645?
I have been in business for 10 months and business increases by 10-19% a month and I am now in the black, however I need a hard loan to pay all credit cards and convert to one payment and expand with more inventory.
Instant Working Capital
Factoring Feedback: Depending on what your planning on doing. Are you looking to open a new business, or are you looking for investing. Your best bet would be a SBA loan, or private funding (however you do need something to secured it with). If you have a strong business plan, you can aways try VC money or equity funding companies. There are a lot of ways to acquire capital, it just depends on what your plans are that will dictate how your going to acquire it.