The importance of good Working Capital Financing
If your business suddenly faces a lack of working capital, how do you cope? Do you head down to your local bank or other traditional credit facilities, only to be told that you don’t meet their stringent lending criteria? Many small businesses find that it’s almost impossible to get working capital financing for their day-to-day operations via traditional funding sources which, in turn, leads to all kinds of financial issues. If this is a problem you’re experiencing, we’re here to tell you that there is a way to help your business survive, and that’s by choosing to obtain your working capital funding via an alternative finance company such as ours.
Providing working capital through invoice factoring
Our working capital loans can be arranged in a number of ways. Perhaps the most common method is via invoice factoring. We know and appreciate that having sufficient working capital for day-to-day operations is crucial for small businesses and that any kind of loan needs to be arranged in the fastest possible time to avoid adding to the financial woes of the small business.
In some instances, we find that short-term working capital loans are the best option; while in other cases we establish a line of credit. As you can appreciate, these options will require a significant form of collateral to minimize our risk and exposure.
Tailor-made alternative financing options
However, one thing you can be sure of is that we don’t offer a one-fits-all approach when we consider your working capital funding. Having acquired invaluable knowledge and expertise in the alternative financing business since our foundation in 1989, we’ve made it our mission to understand our clients and the working capital needs of a variety of industries, including construction, IT services, oil field services, government contractors and more.
This means that we’re extremely familiar with the day-to-day needs of these businesses and can quickly assess the best kind of funding to ensure that your business can function successfully.
Funds can be released within 24 hours of approval
When you apply for working capital funding from American Prudential Capital, you can be sure that we’ll take your business and its unique needs into careful consideration during our assessment process. Once your application is approved, you’ll receive the funds within 24 hours, allowing you to keep your business running, without the need for financial constraints.
You’ll get exactly what you need when you need it, with no monthly minimum and no long-term obligations. Furthermore, once you’re an established customer, you’ll be given access to flexible capital availability that will grow proportionally in line with your specific requirements.
Contact us now to find out more
If you’d like to find out more about working capital funding or any of our alternative funding services, simply get in touch with us today. We evaluate each and every application we receive thoroughly, and we’ll give you our answer as fast as possible, as we appreciate the need for urgency in such cases. We believe that small businesses have not only made America what it is today, but we think that they are the future of our country, and we’re keen to be part of this success.