Integrity and partnership; Leverage our expert services to unlock the true potential of your business. Our company has been in business for 52 years, 32 years under the ownership of two brothers who didn't get along with each other very well and 20 years ago brought me in to take over the operations of the business as well as eventually purchase it in 2001.
In 2008, it became necessary to look at other means of expediting our receivables as we have a good customer base, but the terms continue to lengthen causing our company to experience aging difficulties on all ends of payments. We appreciate Plus Funding Group's quick turnaround and commitment to our recent acquisition and portfolio investment.
In 2008, it became necessary to look at other means of expediting our receivables as we have a good customer base, but the terms continue to lengthen causing our company to experience aging difficulties on all ends of payments. We appreciate Plus Funding Group's quick turnaround and commitment to our recent acquisition and portfolio investment.
Services
Plus Funding is a Commercial Finance company that offers a wide range of capital solutions to businesses like yours. We specialize in invoice funding / accounts receivables factoring. Independently run by experienced financial professionals, we provide individualized solutions to help you maximize your business' full potential.
The strength of your partnership with Plus Funding relies, ultimately, on the strength of Plus Funding's financial position. Many factoring firms and other specialty finance firms are thinly capitalized and rely heavily on leverage, borrowed funds, for their ability to service your needs.
The risk with this arrangement is that if they have problem with other clients or with their lender, they often do not have the financial cushion to be able to continue to help you, and this can disrupt your business.Plus Funding's ownership structure provides the "deep pockets" that minimize these risks.
The risk with this arrangement is that if they have problem with other clients or with their lender, they often do not have the financial cushion to be able to continue to help you, and this can disrupt your business.Plus Funding's ownership structure provides the "deep pockets" that minimize these risks.
B2B companies that receive its revenues from delayed-payment receivables, not immediately (i.e., credit card charges against sales). Examples: Government contracting, IT Services, Manufacturing, Importers and Wholesalers, Energy efficiency services and goods, etc. Will consider construction, no trucking.
We are a privately funded Alternative Finance Company businesses that are in expansion mode, have been turned down by a bank or need additional capital to stabilize and grow their business. You will be expected to develop relationships with Bankers, CPAs, Lawyers and various other potential referral sources.
Invoice factoring is a cashflow management tool available to any business that sells products or services to other business and waits for payment. As opposed to waiting for the actual invoice payment, factoring is the process of converting a company's accounts receivable into instant working capital by selling invoices to a factoring company at a slight discount.
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