Is your company strapped for cash? Do you have difficulty acquiring a traditional loan from a bank or credit union? Do you wish there were alternative funding solutions to provide you with the instant cash you need, without increasing your debt? Fortunately there are a variety of innovative funding solutions that can resolve your cash flow issues. Here are some of the services provided by Ralph Johnson and American Growth Funding (AGF):
Invoice Factoring
Invoice factoring enables businesses to turn unpaid invoices into immediate cash. A finance company like American Growth Funding purchases your invoices at a discount and fronts you up to 75% of the cash. Then, AGF bills your customers. Once we receive full payment from them, we provide you with the remaining 25% of funds, minus a small factoring charge. Invoice factoring allows companies to obtain the instant cash they need to pay employees or suppliers, purchase new equipment, and capitalize on profitable opportunities.
Credit Card Advances
A credit card advance is ideal for small businesses that have a consistent income stream from credit card transactions and need immediate working capital. We purchase a set amount of your future credit card sales at a discount and advance you the funds. Using an automated process, we collect repayment by taking a small percentage of your credit card sales over a predetermined period of time. With this process, we only get paid as you get paid, and you receive the money you need to operate and grow your company.
These are just a few of the many innovative funding solutions provided by American Growth Funding. To learn more about our services, visit www.americangrowthfunding.com.