Factoring and Asset-based Lending Operations

Questions?

Tired of trying to operate your business with too little cash?

Has your bank declined your loan request?

SIERRA CAPITAL Provides Accounts Receivable Financing.

While a shortage of cash is a real dilemma for many new businesses, expanding businesses, or businesses going through tough times, there is an alternative. Sierra Capital will convert your accounts receivable to immediate cash, and provide a dependable and ongoing source of cash flow for daily use with each new invoice that you generate.

SIERRA CAPITAL Provides Service.

Sierra Capital is a full service, source of working capital which provides the financial tools necessary to meet business objectives. We serve as an interim or long term replacement for conventional bank relationships providing financing of accounts receivable. Sierra Capital is extremely flexible and offers detailed and comprehensive reporting services that can be used to compile your financial statements. Our back-room accounting services and software can serve as a valuable financial tool.

SIERRA CAPITAL Provides Working Capital.

Accounts Receivable Financing, or "Factoring", is the purchase of your accounts receivable for cash. Sierra Capital provides a versatile funding program to fit small businesses needs.

Inadequate cash flow is problematic for small businesses. Due to their size, length of time in business, or track record, the funding needs of these otherwise excellent credit risks are often denied by traditional lending sources.

What Factoring does for your business:

Immediately convert your accounts receivable to cash to cover pressing obligations such as payroll, taxes, or vendor trade.
A continuous source of operating capital.
Makes sure you do business with customers that have the ability to pay your invoices or "acts as your credit department".
The ability to grow your business and take advantage of new opportunities.
Grow your business without giving up equity.

Is this financing limited?

There are generally no limits to this form of financing. The program grows as your need for working capital grows. It allows you take advantage of new opportunities without working capital concerns.

What are the benefits associated with Factoring?

Factoring fees are a tax-deductible business expense.
Factoring provides you cash flow without an increase in liabilities due to a loan.
Factoring eliminates the monthly payment associated with a conventional loan and no debt is incurred.
Once you begin factoring, you can have adequate cash flow and liquidity to pay your suppliers on time.
Take advantage of supplier discounts.

With additional working capital you can increase your business and make more profits.
Flexibility! We have immediate funding available for expanding small to mid-size companies.
Does not restrict your company to a fixed line of credit. Instead, the line increases as your sales grow.
Maintain relationship with your bank for future financial needs.

How do I decide if Factoring is right for my company?

Are you a start-up business who has not yet qualified for bank financing?
Are you experiencing seasonal or rapid growth?
Are you encountering a non-bankable position due to turnaround?
Are you having difficulity meeting your payroll obligations?
If you answered any of these questions yes, then Factoring may be right for your company.
Our professionals will make that decision easy by working closely with you to determine how factoring will benefit your company. We will make sure you have a full understanding of the program we design for you. We only need a few items from you to give you a proposal. The entire process usually takes about 5 working days.
Once your account is established, funding is very simple with no inconvenience to you or your customers.
Submit invoices billed to qualified customers, together with supporting documents, and you will receive funding within 48 hours.

A strong cash flow will give your company the competitive edge it needs. Contact us today to see how we can help give your company that competitive edge.

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