Cash is still king!

The problem is obtaining it when your business needs it the most.

Running a small business is hard - we know that. There are a hundred moving parts at any given moment, with decisions that have to be made on the fly. The harsh reality though is that without adequate cash flow none of these parts move very well. Without sufficient liquidity, you may find yourself looking at a great opportunity but not in a position to make the right decision.

Have you found yourself trying to find a way to secure that additional CNC machine or a 3D printer, knowing that if you had that equipment you could bid on that job which presents a significant opportunity?

Or are you looking back at a great summer (3rd quarter) of projects (completed and billed work), all the invoices have been sent, and now you’re waiting for the money to come in. You were counting on that revenue for some off-season (needed) renovations at the plant, that would allow you to expand your operations next spring (for future work). But the invoices remain unpaid and now your improvements are on hold.

There are solutions available to businesses such as yours. We have a long history of great relationships with lenders (funding solutions) which gives us ways to be creative and to get you the cash you need.

Equipment Financing:

When our clients need a new piece of equipment - whether it’s a replacement or a new piece to take on bigger projects, our mission is to get that piece delivered (purchased for you) to you. Whether there are challenges meeting the qualification criteria set out by traditional banks or you need a faster decision - we can help.

Invoice Factoring:

We know how frustrating the lag time in between when you send out the invoice and when you actually receive payment. There’s a better way! We can buy that invoice and pay you immediately. This gives you the cash flow you need immediately while we wait for their payment.

Mobilization funding:

You’ve just won a bid on an unusually big job - this is double the work and triple the revenue that you’re used to taking on. But you will have to incur a lot of additional costs that you may not have the cash flow to cover. Let’s talk - we have solutions to facilitate your launch. Once you nail that launch, it could open up a whole slew of much bigger, much more profitable jobs.

Consumable Financing:

Another challenge for small to midsize businesses is having the resources to secure the consumable needed for each job. This can become even more problematic when a job run goes sideways or drags on longer than expected. You may have expected a certain number of totes of pattern spray to do the trick, but the run didn’t go as planned and now you need an additional tote to finish the run. You have to finish this job so you can move on to the next one scheduled for next week - there’s no time to waste but you don’t have the resources to secure the additional tote. This is where we come in. Learn about our solutions ahead of time - so that you know you have the resources available to you when the crisis hits.

There are a number of advantages to working with King Commercial Capital - one of them being my experience, and the solid relationships I have nurtured with the lenders over the years. My knowledge of the market and the lending trends allows me to go to work for you and find you solutions. If your bank can’t, or won’t help you - we probably can. And if we can’t, we’ll communicate the reasons clearly so that you know what to improve the next time we try to get you financing.

Let’s get on call so I can learn more about your business and where your cash flow challenges lie. I can be reached at 260-969-1487 x101 or email me at [email protected]