Alternative Business Funding Services

Alternative Business Funding

A flexible approach to meeting your company’s unique cash flow needs

No matter what industry you compete in, or how long you’ve been in business, one thing’s for certain: Your company is unique.

  • The way you meet your customer’s needs with your products and services is unique.
  • Your employees (and their experiences and abilities) are unique.
  • The environment you compete in – geographic, regulatory, and industry sector – is unique.
  • And what you individually hope to gain from being in business in terms of lifestyle, security, and personal fulfillment is unique.

All of which means your funding and cash flow needs are unique. And that means the days of the one-size-fits-all financing or lending arrangement are over.

Flexible Business Funding Services

Invoice Factoring alternative financing

Invoice factoring lets you sell your company’s receivables to an invoice factorer for fast payment, usually in one or two business days. Invoice factoring can dramatically improve your company’s cash flow. Rather than waiting up to 60 – or even 90 – days for your receivables, factoring can give you access to your funds almost immediately.

Purchase Order Financing

Purchase order financing (also known as P.O. financing) is a transaction where your financial company pays your supplier for materials needed to complete an order for your customer. P.O. financing can be viewed as a sort of “bridge financing” arrangement that allows you to continue operating without interruption and make good on your delivery promises to your customers.

Credit Card Factoring

In a credit card, or merchant card, factoring arrangement, your factor will provide your company with a lump sum payment in exchange for a share of future credit card sales. Credit card factoring can be very attractive for companies that don’t invoice, and that take payment at the time products or services are delivered (retail stores, restaurants, etc.)

Inventory Financing

Inventory financing is a source of funding arranged by the financial company, and secured by your company’s physical inventory. This type of financing can help to free up some of the cash you have tied up in inventory for more pressing needs, including payroll, tax obligations, and general operations.

Equipment Leasing

In an equipment leasing arrangement, your alternative financial provider can arrange the purchase of needed equipment from a vendor chosen by you, and then lease the equipment to your company for a fixed monthly payment. Leases generally run three, four or five years. Leasing can usually be arranged fairly quickly.

___________

There is nearly always an appropriate business funding strategy for any situation. Sometimes, two or more financing alternatives can be combined to secure the funds your company needs.

You’ll find more information on these financing tools here on the MP Star Financial website. But whatever your requirements, the experienced finance professionals at MP Star Financial are always ready to discuss your options.

For immediate business funding assistance, call MP Star Financial at (800) 833-3765, extension 150.

Get your Free E-Book: How Invoice Factoring Can Help You Grow Your Business!

About Us

Since 1995, MP Star Financial has helped more than 1,000 businesses and people like you resolve cash flow issues.

Areas We Serve
Request a Quote
Start Your Application
Client Login

Contact Us

Phone: 1-800-833-3765
MP Star Financial
33519 Solon Road, Cleveland, OH 44139-2918

Member of:

AFA Together

Accredited by:

AFA Together