Your Gateway to Business Funding
At Premier Finance, we understand that finding the right funding solution for your business can be a daunting task. That’s where we step in. We offer a diverse range of funding options tailored to various industries, simplifying the decision-making process. Tell us about your cash flow challenges and your industry, and we’ll provide the funding you need to fuel your business’s success.
Accounts Receivable Factoring
Our Accounts Receivable Factoring service is designed to ease your cash flow by purchasing your invoices at a discounted rate and advancing a portion of the invoice amount to you. This versatile option suits businesses across multiple sectors, including transportation, staffing, manufacturing, and distribution, among others.
Payroll Funding
Struggling to meet payroll deadlines? Our Payroll Funding service ensures you receive up to 95% of your invoice advanced within 24 hours of submission. This service is particularly well-suited for staffing agencies and other companies reliant on timely payroll funding.
Purchase Order Financing
For businesses grappling with additional costs related to manufacturing and shipping, our Purchase Order Financing provides the necessary financial backing. Qualifying for this option involves meeting specific criteria, such as maintaining margins of at least 20%, conducting business with similar clients, and possessing qualified purchase orders.
Spot Factoring
If you’re looking to factor a single invoice without committing to a long-term contract, our Spot Factoring service is the ideal choice for you.
Unsecured Business Loan
Our Unsecured Business Loan allows you to borrow up to 90% of your gross monthly sales without the need for collateral. This option caters to businesses seeking to enhance their cash flow.
Merchant Cash Advance
Our Merchant Cash Advance offers a quick, flexible, and easy-to-qualify financing solution. Receive an advance in exchange for a percentage of your future daily credit or debit card sales, all without requiring collateral. Qualifying for MCAs is straightforward, as it only necessitates:
- Being in business for at least six months
- Generating $5,000 in overall monthly sales
- Maintaining a positive checking account (business account, not personal)
- Holding a credit score of at least 500
At Premier Finance, we’re here to streamline your path to financial success. Choose the funding option that suits your business, and let us help you achieve your growth goals.
Unlocking Business Potential: The Power of Factoring for Enhanced Cash Flow
Factoring is a financial tool that holds significant advantages for businesses across diverse industries. It involves a straightforward transaction where a company sells its accounts receivable to a third party, known as a factor, at a discounted rate. In return, the factor provides immediate cash to the company, eliminating the need for waiting. This invaluable practice empowers businesses to access the funds they require promptly, ultimately bolstering their ability to manage cash flow efficiently.
In summary, factoring stands as a versatile solution that benefits businesses across the spectrum, allowing them to navigate cash flow challenges with ease. If you’re a business owner grappling with cash flow issues, factoring presents itself as a compelling option to explore, ensuring your financial stability and success.
