Liquid Capital – Financing Success

What is factoring finance?

Factoring is an alternative form of financing ideally suited to small and medium-sized businesses, especially enterprises that do not have a long and established banking record with a major lender. In financial circles, there is a popular saying: “a bank only gives you money when you don’t need it.” That’s because banks operate on a line-based financing model based on what your business has already done and the assets you currently own.

Think of your growing business like you’re driving a car. Major Banks look in the rearview mirror – where you have been and what you have today. By comparison, factoring is all about looking through the windshield at where you’re going, and all the opportunities you have on the road ahead. At Liquid Capital, we look at where your business is going and give you the liquidity you need to get there faster, easier and with greater confidence.

Here’s how it works:

* Fill out the application for factoring with Liquid Capital and fax to 530-231-5360.

* Liquid Capital’s underwriters perform due diligence, such as a customer credit check and opportunity analysis

* If your business and accounts receivable clients are all in good standing, we approve you for factoring and we advance your business up to 85% of the value of your invoices

* We collect payment from your customer and pay you the remainder of the balance (less applicable fees)

For a printable application for factoring with Liquid Capital, click here.

Loans or Lines of Credit (Access to Capital)

United States Department of Transportation offers a Short Term Lending Program.

Overview

The Short Term Lending Program (STLP) enables small businesses to gain access to the financing they need to participate in transportation-related contracts.

Eligibility

DBE Certified or SBA Certified under Section 8(a); Small Disadvantaged Business; HUBZONE Empowerment Contracting Program; and Service-Disabled Veterans Startup businesses are not eligible to apply for the STLP. It is recommended that a business have an established track record.

Funds are not available for equipment purchases; long-term debt; refinance of existing debt; payment of non-current taxes; distributions or other payments to stockholders; or 100% contract mobilization.

Loan Details

Maximum Loan Amount: $750,000

For a printable STLP application, click here.

For assistance, please contact:

Tanya Motta Email: tmotta@calasiancc.org

Office: 916-443-5957