by ARTIS COMMERCIAL CAPITAL | Sep 26, 2023 | Blog
When it comes to financing a startup, there are many options available. From venture capital and angel investments to traditional bank loans, entrepreneurs have access to more sources of funds than ever before. However, one type of financing that has been gaining traction in recent years is known as AR (Accounts Receivable) financing. This form of finance can be an invaluable asset for startups looking to improve their cash flow and manage the growth of their business.
Fast Access to Funds
With AR financing, startups can access funds from their accounts receivable (invoices for services or products) before they are actually paid. This type of financing is beneficial because it provides a more stable cash flow than traditional bank loans, which rely on the creditworthiness of the borrower. By utilizing AR financing, startups do not have to wait until their customer invoices are due and paid in order to receive funds. Instead, they can use the funds to pay employees and vendors earlier. This allows them to keep up with their operational costs and put more money back into the business quickly.
Improved Customer Relationships
Another benefit of using AR financing is that it helps businesses maintain better relationships with customers by providing them with more flexible payment options. By offering customers the ability to pay for their invoices over time, startups can improve customer loyalty while still collecting their due payments. This type of financing is also relatively easy to qualify for, as most accounts receivable companies only require basic information about a business and its customers.
Overall, AR financing can be an important tool in helping startups manage cash flow and grow their businesses. By providing access to funds earlier than traditional banking options, startups are able to invest more capital into their operations and maintain better relationships with customers. For any startup looking to get ahead in today’s competitive market, AR financing is certainly worth considering. Contact Artis Commercial Capital today to learn more about our comprehensive AR financing services.
by ARTIS COMMERCIAL CAPITAL | Sep 19, 2023 | Blog
In today’s competitive legal marketplace, law firms are constantly looking for ways to increase their cash flow and improve their financial stability. One way that many law firms have been able to do this is by taking advantage of invoice factoring services. Invoice factoring is a type of financing in which a third-party company purchases unpaid invoices from the firm at a discounted rate, allowing the firm to receive immediate payment for its work without having to wait for clients to pay up. This service can be incredibly beneficial for law firms as it helps them meet short-term cash flow needs while also improving long-term financial health.
Accelerated Cash Flow
Invoice factoring can help law firms in a number of ways. For starters, it allows them to receive immediate payment for their work without having to wait for clients to pay. This shortens the time between when a law firm completes a task and when it receives payment for its services. Additionally, invoice factoring helps improve cash flow management by allowing firms to receive cash quickly rather than waiting on slow-paying customers or collections disputes. Finally, invoice factoring provides access to capital that may not be available through traditional financing options, such as bank loans or lines of credit.
Freeing Up Internal Resources
Another benefit of invoice factoring is that it eliminates the need for accounts receivable staff, freeing up resources that can be put toward other areas of the firm. Invoice factoring also provides firms with a more flexible payment structure. By using invoice factoring, law firms can tailor their payment terms to suit their specific needs rather than having to negotiate them with each individual client.
Overall, invoice factoring is an incredibly useful tool for law firms looking to improve their cash flow management and enhance their long-term financial health. By taking advantage of this service, law firms can free up resources that would otherwise be used for accounts receivable staff and gain access to capital that may not be available through traditional financing options. Additionally, invoice factoring provides a more flexible payment structure and can help law firms maintain strong financials by improving their cash flow. To learn more about invoice factoring services, contact Artis Commercial Capital today.
by ARTIS COMMERCIAL CAPITAL | Sep 12, 2023 | Blog
For any business, taking on larger clients can be a great way to increase revenue and grow your customer base. However, doing so requires access to the necessary funds in order to meet the client’s needs. Fortunately, PO financing is an effective way for businesses of all sizes to take on larger accounts without having to worry about cash flow issues.
The Benefits of PO Financing
PO financing, also known as purchase order financing, is a type of funding that helps businesses secure the resources and capital they need to fulfill large orders. In essence, PO financing allows you to borrow money against unpaid customer orders. This means that you can have access to funds quickly in order to cover the costs associated with fulfilling an order from a larger client.
Not only does this help you provide the goods or services your client needs in a timely manner, but it also helps to ensure that you don’t experience any cash flow issues.
Taking on Larger Clients Without Taking on Debt
PO financing can be a great way to take on larger clients without compromising your finances. When done correctly, PO financing can help you expand your business and increase revenues by fulfilling orders from larger clients. It can also be beneficial for businesses that are dealing with seasonal fluctuations in business and customer demand, as it allows you to access the funds needed to fulfill orders when they come in.
Overall, PO financing gives businesses of all sizes the ability to take on larger clients without having to worry about cash flow issues. If your business is looking to expand its customer base and increase its revenues, PO financing is a great way to do it. With the right resources and capital, you can quickly fulfill orders from larger clients without compromising your finances. PO financing from Artis Commercial Capital helps to level the playing field, so smaller businesses can take on client accounts that would normally go to larger competitors. Contact our team today to get started.
by ARTIS COMMERCIAL CAPITAL | Sep 5, 2023 | Blog
When starting or growing a business, you may need to access additional funds. One option available is unsecured financing, which can provide your company with the capital it needs without having to put up any collateral. Unsecured financing offers numerous advantages for businesses of all sizes and stages of development, from startups to well-established companies.
Financing Without Collateral
One of the most significant benefits of unsecured financing is that it does not require you to put up any collateral. With traditional financing, a lender may require a business owner to offer some type of real estate or other valuable asset as security for the loan. But with unsecured financing, no such requirement exists. This means that if your company cannot pay back the loan, the lender cannot seize your assets in order to recoup their losses.
Fast Approval Times
Unsecured financing also typically has a faster approval time than traditional secured loans. The lack of collateral means that lenders can make decisions more quickly since there are fewer aspects to consider when assessing risk and approving applications. This makes unsecured financing an ideal option for businesses that need access to capital as soon as possible.
Flexible Repayment Terms
Unsecured financing also offers more flexibility for your business when it comes to repayment terms. Since there is no collateral, lenders may be willing to offer extended payment periods and smaller monthly payments than they would with a secured loan. This allows businesses to better manage their cash flow and ensure that their debt repayment schedule suits their budget.
Low Interest Rates
Finally, unsecured financing can also provide access to funds at significantly lower interest rates than other financing solutions. Since there is no collateral involved, the lender bears more of the risk and may therefore offer more competitive rates. This could help businesses keep their debt costs low in order to maximize profits.
Overall, unsecured financing can provide numerous advantages for businesses of all sizes. With the lack of collateral requirements, fast approval times, flexible repayment terms, and competitive interest rates, it could be the ideal option for your business needs. But it’s important to compare financing options carefully before making a decision in order to ensure that you find the best deal. Artis Commercial Capital offers unsecured financing solutions to businesses of all types. Contact our team today to get the funding your business needs.
by ARTIS COMMERCIAL CAPITAL | Aug 29, 2023 | Blog
Running a medical practice is no easy task, and it requires a great deal of financial management. Fortunately, there are options available to healthcare professionals that can make managing finances much easier. Invoice factoring is one such tool that can help you get the cash flow you need for your medical practice without having to wait for payments from patients or insurance companies.
How Invoice Factoring Works for Medical Practices
Invoice factoring essentially involves selling your unpaid invoices to a third-party factor, and in exchange for an upfront fee, you are able to receive a large portion of the invoice amount immediately. This can provide you with the cash flow you need without having to wait 30-60 days or more for payment. This is especially beneficial if you are trying to cover overhead costs such as payroll, supplies, and other expenses. Invoice factoring also eliminates the need for you to spend time and energy following up with patients or insurance companies on unpaid invoices.
The Benefits of Medical Factoring
Additionally, invoice factoring can help protect your practice from bad debt caused by delinquent payments or non-payment from patients or insurance companies. The third-party factor assumes the risk of non-payment, so you don’t have to worry about losing out on an invoiced amount. Furthermore, invoice factoring can help improve your credit rating and allow you to access additional funding options in the future.
Overall, invoice factoring is a great financial tool for healthcare professionals who need immediate cash flow without having to wait for payments from patients or insurance companies. By leveraging invoice factoring, you can ensure that your medical practice is financially secure and protected from bad debt. To start factoring invoices for your medical practice, contact the team at Artis Commercial Capital today. We can make funds available within 24 hours with no upper limits, and free credit insurance on qualifying patient accounts.
by ARTIS COMMERCIAL CAPITAL | Aug 22, 2023 | Blog
Purchase order financing is a type of short-term funding that enables businesses to purchase goods or services from suppliers without requiring the immediate payment of cash. It can be an invaluable source of capital when used correctly, allowing business owners to grow their companies quickly and efficiently.
The Basics of Purchase Order Financing
When it comes to the specifics of PO financing, there are a few key components to consider. For starters, the process begins when a business places an order with one of its suppliers and needs capital in order to pay for it. The business then contacts a purchase order finance company which will review their application and determine if they’re eligible for funding. If approved, the finance company will provide the upfront cash necessary to cover the cost of the goods or services being purchased from the supplier. Once these have been delivered, the finance company will take back their money plus any additional fees incurred during the process (such as transactional fees or interest).
When to Use PO Financing
PO financing is typically only available to businesses with at least several months of good sales history and a solid credit score. That being said, it can be an extremely helpful tool for companies experiencing cash flow issues or looking to take advantage of large orders that they would otherwise have difficulty paying for in the short term. Additionally, PO financing can be used by small businesses to take on larger client accounts and use the revenue from those sales to achieve rapid growth.
All in all, purchase order financing can be a great option for businesses that find themselves in need of short-term capital for large orders. With the right finance company on your side, you can ensure that your suppliers are paid on time and take advantage of the growth opportunities available to you. Contact Artis Commercial Capital to learn more about our comprehensive purchase order financing solutions.
by ARTIS COMMERCIAL CAPITAL | Aug 15, 2023 | Blog
For small business owners, the fear of bad debt can be a major concern. After all, if you don’t get paid for your services or products, it could spell disaster for your bottom line. Fortunately, invoice factoring is an excellent tool that can help protect your company from taking on bad debt and even improve cash flow in the process. Invoice factoring involves selling unpaid customer invoices to a third-party lender at a discount in exchange for immediate payment.
Understanding the Basics of Invoice Factoring
First, it’s important to understand the basics of invoice factoring. When you factor invoices, you receive an advance payment for your unpaid customer invoices. This means that instead of waiting 30, 60 or even 90 days or more for customers to pay their bills, you can get paid right away. The lender will then collect payments directly from your customers, allowing you to focus on running your business instead of chasing down overdue payments.
Research Factoring Services
Next, when using invoice factoring to protect yourself from bad debt, it’s important to make sure the company you are working with is reputable and honest. Research online reviews and compare rates and fees between lenders before making a decision. Additionally, it’s important to consider the creditworthiness of your customers. The more reliable and financially sound they are, the less risk you will have with invoice factoring.
Establish Clear Payment Terms
Finally, it’s a good idea to set up clear terms of payment with your customers. This will minimize the chances that they will default on their payments and leave you carrying the cost. Clearly stating payment due dates and outlining any late fees or penalties can help ensure that your invoices stay current and improve your chances of avoiding bad debt.
By understanding how to use invoice factoring properly, small business owners can protect themselves from taking on bad debt while maximizing profits in the process. Contact Artis Commercial Capital today to start factoring your invoices.
by ARTIS COMMERCIAL CAPITAL | Aug 8, 2023 | Blog
In today’s highly competitive business environment, small businesses must find ways to stay ahead of the competition. One way they can do this is by using purchase order financing (POF). POF enables small businesses to fund their orders so that they can take on larger orders without straining their resources. By taking advantage of POF, small businesses are able to compete with larger companies and expand their market share.
Financing for Large Orders
Purchase order financing offers small businesses quick access to capital that can be used to fund large orders. It allows them to acquire inventory, meet customer demands, and increase production in a timely manner. This type of funding also eliminates cash flow concerns around the purchase of larger orders, as funds are provided upfront for goods and services. Additionally, it helps free up working capital, allowing businesses to focus on expanding their operations and reaching out to new customers.
No Collateral Required
One of the biggest advantages of purchase order financing is that it does not require a personal guarantee or collateral from the business owner. This helps them avoid putting their own assets at risk while still being able to access larger orders. Furthermore, POF can be used for many different types of orders, including goods and services. This makes it a great option for businesses that are looking to expand their product offerings and services.
Reduce Costs
Lastly, purchase order financing can help small businesses reduce costs associated with acquiring inventory or producing goods. By taking advantage of this form of funding, businesses can access the capital they need quickly and easily while keeping their expenses low. In turn, this helps them to remain competitive in the market and expand their operations.
Overall, purchase order financing is a great way for small businesses to access capital quickly and easily without putting their own assets at risk. By taking advantage of this type of funding, they can compete with larger companies, increase their market share, reduce costs associated with acquiring inventory or producing goods, and free up working capital. This makes POF an ideal tool for small businesses that are looking to expand their operations and reach out to new customers. Contact Artis Commercial Capital today to start using purchase order financing for your business.
by ARTIS COMMERCIAL CAPITAL | Jul 25, 2023 | Blog
Asset-based lines of credit provide a great opportunity for businesses to access working capital while managing their cash flow. This type of financing can be especially beneficial for small and growing businesses that need additional funds to expand operations or purchase equipment. Asset-based lines of credit are also attractive because they offer more flexibility than traditional loans, allowing borrowers to draw from the line as needed and pay back only what is borrowed.
How Asset-Based Lines of Credit Work
When businesses take out asset-based lines of credit, they are essentially borrowing against their assets. This includes inventory and accounts receivable, as well as equipment or real estate. The line of credit is secured by these assets, which gives lenders more comfort because they know that if the borrower defaults on the loan, the lender can seize the collateral in order to recoup its losses. This type of financing is attractive to lenders because it’s a low-risk loan, and they typically offer competitive interest rates due to the security offered by the collateral.
More Financing than Traditional Loans
Asset-based lines of credit also allow businesses to access much larger sums than traditional loans. The line of credit amount is usually based on the value of the assets being used as collateral, so businesses can borrow up to 80-90% of the value of those assets. This provides businesses with more working capital and helps them cover costs associated with growth, such as purchasing inventory or investing in new equipment.
Better Cash Flow Management
Finally, asset-based lines of credit provide companies with flexibility when it comes to managing their cash flow. Since the line of credit is not a fixed amount like a traditional loan, businesses can draw from the line as needed and pay back only what is borrowed. This allows them to access additional working capital quickly when it’s needed, without having to make large lump-sum payments.
Asset-based lines of credit are an attractive option for many small and growing businesses looking for extra funds to capitalize on growth opportunities. They offer more competitive interest rates than traditional loans, as well as the flexibility to access larger sums of working capital. Plus, businesses can use their assets as collateral and benefit from the ability to draw from the line and pay back only what is borrowed. If your business is looking for a way to finance growth without sacrificing financial stability, contact Artis Commercial Capital and learn about our asset-based financing solutions.
by ARTIS COMMERCIAL CAPITAL | Jul 18, 2023 | Blog
Asset-based financing is a great way to fund your business without having to take on additional debt. It involves using your existing assets, such as inventory or accounts receivable, as collateral for loans from banks and other lenders. This type of financing can help you meet short-term liquidity needs and provide the capital required to grow your business. There are several different types of asset-based financing available, each with its own unique set of benefits and risks.
Secured Loans
Secured loans are a type of asset-based financing that involve putting up your business’s assets, such as inventory or equipment, as collateral for the loan. This reduces the risk to the lender since they can repossess and sell the asset if you default on the loan. The biggest advantage of secured loans is that they typically offer lower interest rates than other forms of financing. However, this type of financing also carries some risks; if you default on the loan, you could lose your asset.
Invoice Financing
Invoice financing is another form of asset-based financing in which a lender provides funds based on money owed to your business by customers or clients. The lender will advance you a percentage of the total amount owed and hold the remainder until it is paid in full. This type of financing is great for businesses with steady sales but cash flow problems, as you can access the money right away without having to wait for customers to pay their invoices.
Factoring
Factoring is similar to invoice financing in that it provides funds based on money owed by customers or clients. However, with factoring, the lender typically takes possession of your accounts receivable and collects payments from your customers directly. This reduces the risk to you since you won’t have to worry about collecting payments yourself. However, it also means that there may be less flexibility when negotiating terms with your lender.
These are just some of the asset-based financing options available to you. Each has its own set of benefits and risks, so it’s important to carefully consider which option is best for your unique situation. Before taking out any type of loan, make sure you understand the terms and conditions associated with it so that you can be sure it will meet your business’s needs.
Asset-based financing can provide a great source of capital for businesses looking to grow or cover short-term liquidity needs. By understanding the different types available and considering their advantages and disadvantages, you can choose the one that best fits your business’s needs and goals. With careful planning, asset-based financing can help take your business to the next level. Contact Artis Commercial Capital today to explore our asset-based solutions, and learn how they can help your business.
