Commercial Loans and Financing in Colorado Springs
Wise Commercial Capital is happy to serve the “Centennial State” of Colorado, located on the western edge of the Great Plains, the Colorado Plateau’s northeastern portion and the southern section of the Rocky Mountains. Withthriving high-tech, scientific research and agriculture industries, there is an extensive need for funding options for businesses of all sizes, are we are proud to serve the Colorado Springs area by providing accounts receivable financing to help companies meet payroll, fund projects quickly, and achieve their business goals.
Colorado offers a combination of outdoor recreational activities and performing arts. Home to an extensive list of museums and amusement parks, there are many options for entrepreneurs to realize their dreams and start their own business. When working capital is low, and your business needs money fast, that’s where we come in with accounts receivable financing, also known as invoice factoring.
What We Offer as a Factoring Company
Invoice factoring is an essential part of funding any company, and we are proud of the convenience and affordability we offer to our clients. Business owners use our programs to catch up on overdue bills, meet payroll deadlines and invest in new resources.
Companies often send an invoice to clients for their products and services, and it can take 30 days or more for those payments to be made. In the meantime, you must pay your employees, pay your rent or mortgage and continue to create new products. During the interim period when you are waiting for your customers to pay, working capital may not be at the levels you need to keep your business operating.
At Wise Commercial Capital, we offer you the option to sell your invoices to us and take advantage of invoice factoring. We do the work of collecting money from your customers, and you get paid faster with our funds. It’s that simple. Slow-paying customers can throw a kink in the everyday operations of your business, and that’s where we can help.
What Are the Benefits of Accounts Receivable Financing?
In a perfect world, your customers would pay invoices immediately, and you could use that money to operate your business, but the reality is that it’s rarely that simple. Invoice factoring is offered to those who have been turned down by banks, companies with less than perfect credit or maxed out lines of credit and organizations facing significant financial challenges.
Some of the benefits of invoice factoring include:
- Fast approval process and access to cash within 24 hours
- Limited paperwork where traditional loans require extensive documentation
- No cap on borrowing as you can increase your capital as your business grows, where business lines of credit and business loans are often capped
- We collect payment from the customer, so you don’t have to worry about it
- Financing for many industries including wireless and telecom, technology, government contractors, heavy construction, renewable energy, wholesale, distribution, and staffing agencies
As a business owner, your time, energy and money should go toward improving your products and streamlining your process to make you more profitable. At Wise Commercial Capital, we handle a large part of the collection process so you can place your focus where it belongs.
Contact us today to speak with a consultant about the best way to access capital fast for your growing business.