Quick Solution: Hybrid Funding Program for pre-billing of goods and services not yet preformed

(* After reading this entire blogpost proceed to the CONTACT page just above)

Date: Thu, Jun 23, 2016 at 12:25 PM
Subject: Solution: Hybrid Funding Program
To: globalcrossroadscapital.com

 SCROLL DOWN:

The Hybrid Funding Program

The first program of it’s kind for the Factoring space!

Definitive…

Designed by a credit funding company, a unique financing tool utilizing the characteristics from traditional accounts receivable financing and alternative finance programs to allow for the financing of invoices for goods and services that have not been performed (Pre-Billing).

SOLVES THIS PROBLEM:

Factoring invoices that are Pre-Billed – This is the most common problem when factoring certain invoices.

When your client tries to factor invoices for which the service has not been completed or the product has not been fully delivered, most Factoring Companies define this type of invoice to be UN-FACTORABLE until the work is completed or the product is delivered.

THE SOLUTION: The Hybrid Factoring Program

Subject to program and credit criteria we will factor PRE-BILLED invoices on the following basis:

  • Advances up to 85% (80% average)
  • Rates in as short as 10 days increments, 15 days average
  • 50% of advance to be made on days 1, the balance on day 16.
  • Verification to be made on a case by case basis
  • We will work with most industries, >medical insurance and construction contractors excluded<.
  • First security position required
  • We will work with other forms of financing in place with proper subordination and subject to credit approval.

Total processing to documentation 4-7 working days after receipt of all requested documentation.

For more information on this solution, contact me by telephone or email.

Sincerely,

– – – – – –

GLOBALCROSSROADSCAPITAL.COM is a US Vet-owned IR media communications firm and is not a funder, lender, investor, buyer, seller, free advisor, or broker-dealer. If you have a current need and eligibility for the above program proceed to the CONTACT page at top of this blogfeed.  Or click on the orange url just above.

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