CapitalExpress For Business
Benefits to the Business
- Establish Predictable Cash Flow: Through ongoing funding out of daily invoices, a business is able to establish reliable cash flow. Improved cash flow allows businesses to capitalize on growth opportunity and expand operations.
- Eliminate Debt: Businesses can reduce short term debt, make payroll, pay down other obligations, and access new working capital without creating new debt. The CapitalExpress program works as a self-liquidating line of credit for the business.
- Gain Competitive Advantage: Businesses can offer more flexible terms to customers and take advantage of supplier discounts. Improved cash position may offer the business new opportunity to negotiate even better discounts.
- Better Business Management: CapitalExpress offers superior technology and real-time reports, giving the business capabilities to make more informed decisions.
How CapitalExpress Works
CapitalExpress vs. Traditional Factoring
| FACTORING | CAPITALEXPRESS | |
| Contract | 12-36 Months | No |
| Advance Rate | Varies | 90% |
| Repayment Period | 90 Days | Up to 120 Days |
| Discount Period | Variable | Fixed |
| Notification | Yes | No |
| Verification | Yes | Minimal |
| Daily Funding | No | Yes |
| Termination Fees | Yes | No |
| Interaction with Your Customers | Intense | Limited to None |
| Additional Fees | Yes | No |
| Building Banking Relationships | No | Yes |