What could you do for with a quick cash infusion?
Well; at Treasure Coast Financing we offer four non-traditional methods of freeing up capital to help you answer that question.
- Working Capital
- Merchant Cash Advance
- Medical Working Capital Loan Program
- Invoice factoring
Working Capital Loan
For businesses with a consistent daily revenue stream, we offer quick access to working capital loans and high approval rates. Our process is simple, easy and without the hassle of traditional bank loans.
Challenged Credit isn’t a Challenge!
While traditional lenders may decline businesses for a less-than-perfect credit score, we believe small businesses with a consistent daily revenue stream have untapped borrowing potential. We can help companies, which may have been considered too risky by traditional lenders qualify for $200,000 by extending business credit loans based on their ability to pay versus a score which may be more reflective of the current economic environment, rather than the value of their business.
The loan may be used to:
• Expand your business • Purchase inventory • Upgrade equipment
• Manage seasonality • Remodel your facility • Meet payroll
• Handle emergencies
Working Capital Loan advantages:
• Flexibility in terms based business type and revenue flow
• No hidden fees or late fees
• Significantly lower rates than typical cash advance programs
• Fixed payments
• Helps to build personal and business credit
Business or Merchant Cash Advance:
A Merchant Cash Advance is the purchase of future credit card receivables; it is not a loan. A merchant cash advance is a great way to get the cash you need if a line of credit is not an option for you. Sometimes called “credit card receivable funding” or “credit card factoring,” eligibility for a Merchant Cash Advance is primarily based on the strength and consistency of your business’ credit card sales. A Merchant Cash Advance may offer many benefits to small businesses and the small business owners who manage them.
Gain immediate access to cash when a portion of your future credit card sales are advanced to you through a Business Cash Advance. Treasure Coast Financing provides a fast, easy way for your business to gain access to working capital today by leveraging your future sales.
Cash Advance advantages:
• Flexibility, no fixed payment or term
• No personal guaranty
• No hidden fees or late fees
We retrieve a small fixed percentage from your merchant account of your daily transactions until your advance is paid off…we get paid when you get paid.
If your business processes at least $5,000 in credit transactions per month, this program may be the answer for your business.
Medical Working Capital Loan Program:
Transaction Sizes $25,000.00 to $450,000.00
Minimum FICO 650
Time in Business Start-Ups
Medical/Dental Licensing Minimum 2 Years
Designed for NEW and established healthcare businesses, including ALL medical practices, veterinarian, dental, chiropractic and physical therapy practices. Other healthcare businesses such as closely held assisted living facilities may also be considered.
Invoice factoring:
Invoice factoring is the purchase of accounts receivable for immediate cash. Invoice factoring gives businesses the power to ensure growth without diluting equity or incurring debt. After invoices are submitted and verified, they are funded within 24 hours.
Once you’re set up as a client, Treasure Coast Financing pays you cash for your Net 30 Invoices. We pay within 24 hours after verification that product has been received and accepted by your customer. Depending on your industry and situation, Treasure Coast Financing will transfer up to 95% of your invoice face value. Fees are calculated as a percent of invoice, at a pre-determined rate.
The time you’ll save with Treasure Coast Financing as your receivables back-office will let you focus on what’s important — putting your creative energy into making your company grow and prosper. As your full-service factor funder, we handle all of the whole process and get you the cash you need now.
