Porter Capital Corporation is pleased to provide working-capital financing to small and medium-sized companies. We finance start-ups and larger, mature companies with funding needs from $100,000 up to $10,000,000. We support your funding needs with accounts-receivable financing, also known as factoring, and inventory financing. By offering both accounts-receivable and inventory financing, Porter Capital can support your business with a complete, one-stop, working-capital solution. We are a direct lender, not a broker or intermediary; therefore, we can provide a faster turnaround time with less hassle.
Whether you are experiencing the demands of rapid growth or recovering from a recent downturn, Porter Capital can partner with you to provide the best solution for your company’s financial goals. Our team of highly experienced professionals can quickly assess the unique funding needs of your business and construct a creative solution tailored to meet those needs.
Accounts Receivable Factoring
This type of financing gives you immediate cash for your sales. We provide working capital overnight, so you no longer have to wait 30, 60, or even 90 days for payment. Accounts-Receivable factoring will generate the cash to help you take advantage of vendor discounts, acquire new customers, and cover payroll. Porter Capital’s customer-service team partners with you to provide complete accounts-receivable support including customer-credit checks and collection help. This allows you and your staff to focus on running and growing your business.
For the well-qualified customer, we can offer non-recourse financing which provides:
- Larger lines of credit
- Extended terms
- No charge-backs for slow payment, we take the risk
- Off-balance sheet treatment
- Decrease the leverage on your balance sheet
Porter Capital can provide financing to support your investment in inventory. In addition to liquefying in your accounts receivable, you probably need to maintain sufficient levels of inventory to support your customers’ needs. This critical component of your business can be a burdensome drain on your working capital, particularly for manufacturers, distributors, and wholesalers. Inventory Financing is especially useful to support seasonal fluctuations in your business.
What kinds of businesses qualify for financing from Porter Capital?
If your business provides a product or service that generates accounts receivable from other commercial companies, not retail consumers, your business is a good candidate for our financing.
Interested in learning more about how Porter Capital can provide the business financing your company needs?
Contact us now for a free, no-obligation consultation with one of our experienced professionals. We would appreciate the opportunity to partner with you in reaching your goals.