Asset Based Lending for Businesses in Tampa, FL
Businesses across all industries in Tampa, FL use asset based lending for working capital and to achieve rapid growth. At LMC Alternative Business Capital, we provide asset based lending to local businesses in Tampa in the form of accounts receivable and purchase order financing.
Accounts Receivable Financing for Businesses in Tampa, FL
There are times when businesses need fast access to working capital without placing debt on the balance sheet. Instead of taking out short-term loans, businesses in the Tampa area can leverage their unpaid invoices for financing. Most cash flow issues arise from revenue that is tied up in unpaid receivables. Accounts receivable financing from LMC Alternative Business Capital unlocks the revenue from unpaid receivables in as little as 24 hours, allowing businesses to:
- Smooth out uneven revenue cycles
- Cover payroll and overhead expenses
- Build up capital reserves
- Boost cash flow
Accounts receivable financing is available to every business that issues invoices with 30, 60, or even 90 days payment schedules. Our accounts receivable financing services eliminate the waiting period between sales and payments from customers. Accounts receivable financing also prevents unpaid invoices from aging out to collections. LMC Alternative Business Capital offers accounts receivable financing that features:
- Funds made available within 24 hours
- Non-recourse financing
- Funding increases in proportion to sales
- No personal guarantees
- No fixed payments
- No arbitrary loan board approvals
- No impact on business credit
Purchase Order Financing for Businesses in Tampa, FL
Purchase order financing gives businesses in Miami, FL the competitive edge they need to take on large or unexpected orders without debt. Purchase order financing from LMC Alternative Business Capital provides the funds necessary to cover the cost of materials, inventory, and production so businesses can take on larger customer accounts without relying on loans. Once an invoice is issued and the customer pays, the financing is deducted and the difference is delivered to the business as revenue. This allows businesses in the Tampa area to achieve rapid growth without debt. Businesses ranging from importers to manufacturers and more use purchase order financing to level the playing field and take on bigger accounts that would otherwise go to their larger competitors. Purchase order financing from LMC Alternative Business Capital offers a wide range of benefits, including:
- Rapid and flexible financing
- On-time customer deliveries
- Increase your market share
- Ability to fulfill large customer orders
Purchase order financing is a debt-free solution that does not impact credit ratings or equity.
Contact Us Today
LMC Alternative Business Capital provides comprehensive asset based lending programs to businesses of every type in Tampa, FL. Our team will work with you to understand your needs so we can structure a solution to help you reach your goals. We are committed to delivering fast, flexible, and accessible financing to help local businesses improve cash flow and build up capital for growth projects. Contact LMC Alternative Business Capital today to get started.