Industries Served
We work with a diverse range of businesses, each with their own challenges and unique funding needs. Our extensive range of flexible business finance solutions have been designed to help, whatever your business circumstance.
Service Industries
Many service industries have a distinct staffing element to them. After you provide your service and invoice your customer, you typically wait 30, 60, 90 days to get paid. Meanwhile you have a recurrent payroll to meet, suppliers to pay, tax payments and overhead expenses. Cash flow can quickly become an issue and can inhibit your growth. By factoring your receivables, you gain access to working capital that will allow you to take on new and larger contracts to keep your growth plans in focus. We will assist you with the decision of the advantages of factoring some of your invoices or all of them, choosing which customers’ accounts should be factored which includes a credit evaluation of each and how to work with your customers in the set up process. Once your application is processed, the set up takes less than a week before funding occurs. Some of the industries we are able to assist include but are not limited to: architects, engineers, consultants, information technology (IT), medical home health, nursing, administrative, security, landscapers, janitorial, pest control, printing and most other businesses with commercial or government invoices.
Staffing
Whether you own a staffing company or a company that has payroll to meet, staffing factoring may be right for you. Infusion Funding LLC combines receivables financing, factoring, staffing / payroll funding, payroll management, invoicing and more to provide excellent payroll financing solutions and back office solutions for companies of all sizes. Our payroll funding solutions can be as simple as selective invoice factoring or as involved as full back office services.
Many businesses, particularly staffing businesses, face the challenge of finding the capital to improve or increase the cash flow of the business, especially when in a growth cycle. We understand the pressures of increasing the cash flow in your business and have flexible programs geared to financing your current needs and growing with you as a business. Our payroll funding options grow with you and will not affect the ownership or equity of your business. The process is fast and simple. After reviewing your business needs, we help you decide which method of staffing factoring will work for you.
Transportation
Truckers are the backbone of the American economy. They deliver billions of dollars’ worth of freight every year across the United States. Unfortunately, freight distribution companies have stretched payment terms to 30, 60, and in some instances 90 days, leaving trucking companies with a huge cash flow problem when it comes to fuel, repairs, and payroll. By factoring your invoices, you receive funding on your invoices as you issue them, not when the invoice gets paid.
We also offer special programs including: priority loads from our broker partner plus accommodations with return loads, back office processing and invoicing on all your factored accounts, payroll services available and no minimum on invoices. 90 day trial if you’re not ready to commit. Whether you have one truck or a fleet, we can help with the challenges you face in the trucking industry to help you run your business more efficiently.
Government Contractors
You just received notification from a government entity that you’re the winning bidder on a contract and you begin to wonder how you will finance it. Whether you are providing a service, parts, or supplies you begin to question whether suppliers will work with you and give you the terms you need until you can get paid. If there is payroll involved in the process, cash flow issues surrounding the completion of the contract can become an obstacle to the performance on the contract
Since government entities at all levels have always been attractive customers of small businesses, today’s economic climate has tremendously increased the focus on government contracts. Government contracts can be large and cover a lengthy period of time therefore requiring substantial working capital for the life of the project. Government contract factoring and in some cases purchase order funding can be the financing solutions that are the difference between businesses turning down or not pursuing contracts and fulfilling profitable opportunities, especially when traditional financing is not available. Infusion Funding LLC is experienced with government contract factoring at all levels and we have provided funding for companies sourcing products through companies providing services over a lengthy period of time.
Distribution
Suppliers constantly face the dilemma of paying their sources before they are paid by their customers. Many times lucrative opportunities are passed up simply because cash flow is squeezed. With factoring, these obstacles are eliminated since you get funds against your invoices when you issue them, not when your customers are ready to pay them. This not only increases your cash flow and working capital but also frees up valuable management time that you usually spend following up on payments.
Manufacturing