Online Small Business Line of Credit
An online small business line of credit provides greater flexibility compared to other funding options for small businesses. Obtain the working capital your business requires within just 24 hours, with no restrictions on how you utilize the funds.
Online Small Business Line of Credit
An online small business line of credit provides greater flexibility compared to other funding options for small businesses. Obtain the working capital your business requires within just 24 hours, with no restrictions on how you utilize the funds.
Understanding a Small Business Line of Credit
An online small business line of credit provides the working capital you need without the commitments of a fixed-term loan. You can withdraw any amount up to your credit limit and repay it as often as necessary, provided your business maintains or improves its performance from the time your line of credit was approved. Fees are only charged on the amount you use.
Invoice Factoring Fees
The fees for online invoice factoring are determined by several factors including the invoice value versus our purchase price, your business’s and your client’s financial history and risk assessment, and considerations such as the time until payment. Typically, fees range from 1% to 5% of the invoice value for each 30-day period that the invoice remains unpaid.
Who Should Apply Online for Invoice Factoring?
Invoice factoring is suitable for:
Businesses experiencing extended accounts receivable periods
Businesses managing a high volume of outstanding invoices
Bridging the gap between issuing invoices and receiving payments
Invoices valued at $15,000 or more with extended credit terms, not exceeding 90 days past due
Businesses in need of rapid funding
B2C businesses requiring smaller funding amounts
Businesses with lower credit scores or lacking collateral, such as real estate or other major assets
Invoice factoring can benefit a variety of industries including construction, pharmacies, legal firms, manufacturing, business services, and more. Whatever your industry, our knowledgeable Funding Advisors will collaborate closely with you to identify the optimal funding solution that supports your business goals without compromising cash flow.
Understanding a Small Business Line of Credit
An online small business line of credit provides the working capital you need without the commitments of a fixed-term loan. You can withdraw any amount up to your credit limit and repay it as often as necessary, provided your business maintains or improves its performance from the time your line of credit was approved. Fees are only charged on the amount you use.
Invoice Factoring Fees
The fees for online invoice factoring are determined by several factors including the invoice value versus our purchase price, your business’s and your client’s financial history and risk assessment, and considerations such as the time until payment. Typically, fees range from 1% to 5% of the invoice value for each 30-day period that the invoice remains unpaid.
Who Should Apply Online for Invoice Factoring?
Invoice factoring is suitable for:
Businesses experiencing extended accounts receivable periods
Businesses managing a high volume of outstanding invoices
Bridging the gap between issuing invoices and receiving payments
Invoices valued at $15,000 or more with extended credit terms, not exceeding 90 days past due
Businesses in need of rapid funding
B2C businesses requiring smaller funding amounts
Businesses with lower credit scores or lacking collateral, such as real estate or other major assets
Invoice factoring can benefit a variety of industries including construction, pharmacies, legal firms, manufacturing, business services, and more. Whatever your industry, our knowledgeable Funding Advisors will collaborate closely with you to identify the optimal funding solution that supports your business goals without compromising cash flow.
How Restaurant Funding Works
APPLY
Collect 3 months of bank statements and other necessary documents. For expedited approval, provide secure access to your bank account’s transaction data.
CHOOSE FUNDING
A Funding Advisor will contact you within 1 hour (during regular business hours) to finalize your application and discuss funding options.
GET FUNDED
Once you and your Funding Advisor agree on the best funding solution for your business, funds can be approved and deposited within 24 hours.
SET REPAYMENT
Repayment occurs when your client pays their invoice. We handle the collection process professionally and remit the remaining amount to you, deducting our fees.
How Restaurant Funding Works
APPLY
Collect 3 months of bank statements and other necessary documents. For expedited approval, provide secure access to your bank account’s transaction data.
CHOOSE FUNDING
A Funding Advisor will contact you within 1 hour (during regular business hours) to finalize your application and discuss funding options.
GET FUNDED
Once you and your Funding Advisor agree on the best funding solution for your business, funds can be approved and deposited within 24 hours.
SET REPAYMENT
Repayment occurs when your client pays their invoice. We handle the collection process professionally and remit the remaining amount to you, deducting our fees.
Using Invoice Factoring
There are no limitations on how you can utilize funds obtained through invoice factoring.
Typically, these funds are most effectively used for:
Bridging cash flow gaps without the commitment of long-term loans.
Meeting recurring expenses such as payroll, rent, utilities, and others while awaiting full payment from clients.
Financing growth strategies, acquiring new equipment, and making other high-return investments.
Seizing seasonal business opportunities like bulk inventory purchases.
Using Invoice Factoring
There are no limitations on how you can utilize funds obtained through invoice factoring.
Typically, these funds are most effectively used for:
Bridging cash flow gaps without the commitment of long-term loans.
Meeting recurring expenses such as payroll, rent, utilities, and others while awaiting full payment from clients.
Financing growth strategies, acquiring new equipment, and making other high-return investments.
Seizing seasonal business opportunities like bulk inventory purchases.
Qualification Requirements
for Invoice Factoring
Online invoice factoring offers more flexible qualification requirements compared to other funding options, as your invoices serve as collateral.
ASAP Capital evaluates the overall health of your business, including factors such as:
Business revenue
Cash flow
Vendor payment history
Years in business
Public records
Qualification Requirements
for Invoice Factoring
Online invoice factoring offers more flexible qualification requirements compared to other funding options, as your invoices serve as collateral.
ASAP Capital evaluates the overall health of your business, including factors such as:
Business revenue
Cash flow
Vendor payment history
Years in business
Public records
Damon: (619) 453 5737
