Make Sure You’re Starting The New Year On Track.
Start planning the new year with Third Coast Commercial Capital, Inc., and make sure you’re starting the year off financially fit. While you’re running your business on the road you shouldn’t have to worry about clients making payments. In these hard times, it’s more important than ever to make sure you’re able to put back into your business. We provide invoice factoring services to help facilitate the cash flow that you need to improve your business and start the New Year on the right foot.
Why Choose Third Coast Commercial Capital, Inc.
We offer the flexibility to choose which invoices you want to fund and the convenience of doing business with a service oriented company. We take the time to get to know you and your business needs. 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.
Benefits of Invoice Factoring
The most obvious benefit is that you get cash very quickly after a sale has been made. Invoice factoring is an alternative form of financing that is available to businesses that may not have an established banking record with a major lender. Being paid quickly for your products or services helps you avoid liquidity problems. It also makes it much easier to plan ahead, since you know exactly when your funds will arrive after each invoice is issued.
Why cash flow is so important
Lack of cash is one of the biggest reasons small businesses fail. Applying for business loans or alternative financing options can take months to get approved. With invoicing factoring, your business can get much quicker access to cash if you have immediate financing needs. Focus on your inflows and outflows of cash will empower your small business to move forward during this turbulent time.
Dealing with cash flow issues is most difficult when the economy is going through a recession. You have many expenses and money is going out fast. And you may have slower business or customers who aren’t paying you. You will need some other sources of cash, like through factoring or accounts receivable financing.
Factoring can often be a huge help for small business owners as it can free up cash which would otherwise be tied up in unpaid invoices. Many businesses also turn to factoring their invoices because they cannot qualify for a traditional line of credit at their local bank. There are many reasons a small business may experience a turn down with their local bank; start up business, poor personal credit, customer concentrations, lack of collateral, balance sheet issues. The good news is that most of those situations are not a problem for a good invoice factoring company.
Invoice factoring allows you to put more time into your business rather than spending it on collecting payments from your clients. It can be an effective solution in the early days of operating a business or during those times of significant growth. We are dedicated to providing superior service, to ensure that your business is growing, and adapting to changing market conditions. Third Coast Commercial Capital, Inc. is here to make sure you get paid when you need it most. Call us today at 281.570.1850 or apply online and a specialist with get in touch with you right away.