If your cash is tied up in debtors and stock, Boston Capital can unlock the liquidity in your business and maximise the efficiency of your balance sheet by utilising the working capital assets within your business. Why wait weeks or even months to turn your invoices and stock into cash?
You might use this type of product if your business sells goods or services on credit terms and consequently has restricted liquidity, or if your business is expanding or if your business activity is affected by seasonal trends.
Don't be confused by the jargon, the facility is quite simple. Boston Capital can arrange working capital finance using the assets of the business (trade debts) or the income of the business as security. As sales grow so does the funding available. This is ideal when resources outside your growing business are limited.
We can arrange up to $250K of your outstanding invoices immediately, or, we can structure up to 80% of your outstanding invoices straight away. We can then organise the other 20% to become available when the invoices are paid. Our facilities are like having a line of credit up to 80% of whatever your customers owe you, or your current business income. It's simple.
Boston Capital can also help businesses that provide their products or services to other businesses on credit terms.
Call Us Now to find out more.