Focus on Your Business This Year
For many, 2020 brought hardships and unexpected challenges. As the new year begins, many businesses look to 2021 to recover their losses from the past year. We understand that for many small business owners, where you spend your time is crucial to growing your business. We can help provide the cash flow that you need, so you can focus on other aspects of your business – managing fuel costs efficiently, keeping good drivers and employees happy, adding additional trucks/trailers, and most importantly – concentrating on growing your business with the right customers.
Third Coast Commercial Capital is here to help you reach your business goals. We offer different options that can be customized to your needs. Whether you need a loan to get you through a tough time or need help with clients paying out, we are here to provide those funds.
Asset Based Lending
Instead of going to a bank, who will probably turn you down, consider asset-based lending. Compared to small business loans, asset-based lending can provide working capital fast! Asset based loans are secured by collateral, these are your company’s assets, this may include accounts receivable, inventory, and equipment. For asset rich companies, an asset-based loan may make more funds available because it is not based strictly on future cash flow predictions. Additionally, the structure often requires fewer agreements, providing more flexibility.
We know that one of the most difficult parts of running your business can be making sure your clients pay you and it can take away time from focusing on your business. With invoice factoring, we can help you get the money your hard work has earned, so you can put it back into your business. Factoring is a type of financing in the form of purchasing and collecting accounts receivable (invoices) or advancing cash based on accounts receivable (invoices). Invoice factoring offers you the flexibility to choose when you need it and for whatever amount your business needs. We offer the flexibility of choosing which invoices they want to fund. There is no obligation to factor all your invoices.
Our commitment to our customers is to offer the best possible service while supplying them with the working capital they need at a competitive price to grow their business. To learn more about our services please call Third Coast Commercial Capital, Inc. today at 281.570.1850 or apply online and a specialist will get in touch with you right away.