Glen Rock, NJ, Sept. 24, 2024
CapFlow Funding Group is proud to announce the launch of its latest working capital solution, the FactorLOC™ (Factoring Line of Credit) product. Designed to provide businesses with flexible, short-term financing. FactorLOC™ bridges traditional invoice factoring and lines of credit, offering a unique funding option for companies at various stages of growth.
FactorLOC™ enables businesses to improve their cash flow by securing a fixed line of credit. Based primarily on accounts receivable but may also include inventory and equipment as collateral.
This new product offers a more flexible alternative to traditional financing, giving businesses quick access to working capital without debtor notification.
With FactorLOC™, companies can benefit from:
- Enhanced Cash Flow: Immediate access to working capital based on receivables, inventory, and equipment
- Graduate to Invoice Factoring: Funding that grows with the business that can be converted to traditional factoring
- No Notice of Assignment: Submit invoices for funding without a notice of assignment to your debtors.
- Faster Funding: Streamlined approval process for quicker access to funds than traditional invoice factoring
“FactorLOC™ is positioned to fill a crucial gap in business financing,” said Andrew Coon, CEO of CapFlow Funding Group. “It’s perfect for businesses that need a transitional product offering between traditional invoice factoring and revenue-based financing, helping them scale and move toward more traditional financial solutions.”
The FactorLOC™ product offers businesses flexible advance rates of 40–60% of the value of submitted invoices. The factoring rate fee for FactorLOC™ ranges from 3–6% per month, a more cost-effective alternative to other asset-based or revenue-based financing solutions.
This product is ideal for companies with working capital needs ranging from $50,000 to $500,000, providing business owners with tailored solutions based on their specific needs. FactorLOC™ accommodates debtor concentration and other collateral assets, offering businesses more flexibility in securing financing.
About CapFlow Funding Group
CapFlow Funding Group is a leading provider of customized financial solutions, specializing in invoice factoring, FactorLOC™, micro-factoring, 2nd position factoring, and other working capital solutions for small and medium-sized businesses. CapFlow’s innovative approach to business financing helps companies achieve growth while maintaining flexibility and control.
For more information on FactorLOC™ or to apply, visit www.capflowfunding.com.
/CONTACT:
Thomas Ingrassia
CRO of CapFlow Funding Group
