Working capital is the funding that keeps a business running from day to day. It varies according to workload, staffing requirements, and other business factors that change on a daily basis. No two businesses will have the same working capital needs, so ensuring customized solutions is vital. For most companies, a line of credit is the preferred option. This kind of working capital loan is often based off of the company’s accounts receivable, and can be easily adjusted as needs change.
Solutions That Work For You
Crestmark’s short term working capital solutions include asset-based lending, accounts receivable financing, factoring, and more. Because our working capital solutions are based on your accounts receivable, we are able to increase your funding or cut it back as necessary to match what you need. We work with businesses across the spectrum of industries, including staffing, manufacturing, and transportation. We will work with you to understand the unique challenges facing your company, determining your working capital needs and creating a lending plan that can grow along with you.
Adjustable to Meet Your Changing Needs
When you choose Crestmark for your working capital loan, you will receive a funding solution that is in sync with your working capital needs. Whether you select flexible accounts receivable financing where each invoice you receive is funded individually, qualify for our asset based lending program, or select invoice factoring, Crestmark can create a solution that fits your needs and your business model.
How can Crestmark help your company? Call us or complete a contact form to reach representative today and learn more