This week's deal funded a $250K Line of Credit to a Supplier of Fresh and Frozen Seafood. At Porter Capital, our team goes above and beyond for clients to get them the credit line they need. See more details here: https://lnkd.in/g5NMtEh
We're excited to share our new logo with you!
"Over the past month, we have worked extensively on creating a new identity that visually communicates growth and unity to our customers and team. This is a significant change; however, please know that our core values and culture remain the same. Companies can now visualize a partnership where they can grow and evolve with Porter Capital. Our new icon also symbolizes Porter’s commitment to helping our customers become success stories." ~ Marc Porter
This week is dedicated to showing appreciation to truck drivers across the nation. Thank you for keeping American moving forward and delivering loads making our everyday lives easier. We know how hard our clients and all truck drivers work, and we want you to know we appreciate you.
Thanks for always going the extra mile. Hats off to you! #NTDAW2020 #thankatruckdriver
Relax, unwind, and take a break. Happy Labor Day!
Working with the right factoring company can be the difference between a pleasant and profitable business experience or a disappointing and costly one. Make sure you know what to consider when choosing a factoring company to work with.
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10 Things To Consider When Choosing a Factoring Company
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If you find yourself underwater.......... Call Porter!
As cities start to reopen, businesses are once again able to open their doors. This new normal has brought about some new changes and financial challenges. Keep reading for some must need tips on how you can access your cash flow when reopening your business.
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Reopening Your Business After the COVID-19 Shutdown: Tips to Access Your Cash Flow
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At Porter, we have the unique ability to structure credit facilities to suit each client's financial needs. This week, we funded a $2MM Line of Credit to a Financial Services Company who was experiencing rapid growth. See more details here: https://bit.ly/3lb6Q3w
We are proud to support nurse staffing companies in the wake of COVID-19. Here is a spotlight of the companies we funded in September.
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Business financing company Porter Capital announces five new deals
"Cash flow is king — now more than ever for many businesses struggling to keep money flowing through their supply chains." See our CEO Marc Porter's interview with PYMNTS.com: What's Next in Payments to learn how Porter Capital is positioning itself as a solution to many companies' late payments: https://bit.ly/3nfokOp
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Factoring Lands In Late Payments Strategies | PYMNTS.com
Do you want to expand your staffing agency? Porter Capital offers invoice financing in as little as 24 hours. Learn how we can help you secure working capital for your staffing agency today!
https://www.portercap.com/payroll-funding-for-staffing-companies/
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Payroll Funding for Staffing Companies
It can be tough for a business with bad credit to obtain financing from traditional sources. Luckily, Porter Capital provides invoice financing solutions for new businesses and businesses with bad credit. Learn how we can help you access your working capital today.
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Invoice Financing For Businesses With Bad Credit
This week's deal funded a $200K Non-Recourse Loan to a Commercial Maintenance Company. The Porter Capital team takes pride in being the fastest lender and meeting our customers' funding timelines. See more details here: https://bit.ly/3lb6Q3w
Invoice financing is an excellent solution for businesses across multiple industries who struggle to wait for customers to pay their invoices. Porter Capital can advance you cash upfront, improving your cash flow instantly. Learn more here: https://bit.ly/2EZPpnd
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Invoice Financing: What is it and how do I get started?
Persistence is key 🔑
Traditional financing can be a slow and complicated process. If you’re dealing with rapid growth, want to expand your business, bankruptcy, or are looking for more efficient ways to finance your business, invoice financing might be the perfect solution for your business needs. Learn how factoring your invoices with Porter Capital makes getting the business funding you need to grow quick and easy: https://www.portercap.com/invoice-factoring/#apply-form
As a staffing agency, making payroll is a top priority. Whether you’re experiencing revenue growth, delayed payments from customers, or cash flow shortages due to unforeseen situations, payroll funding could be the solution for your business.
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Speed Up Your Staffing Agency's Cash Flow with Payroll Funding
When we were contacted by a company struggling from taking out multiple Merchant Cash Advances to help fund growth, the Porter Capital team wasted no time in providing funding upfront to release them from their damaging MCA loans. Keep reading to learn how this led the company to become one of the top distributors of fresh and frozen seafood in the country. https://bit.ly/3kkDaAx
When a business files for bankruptcy, their funding sources are limited. DIP financing provides businesses in distress with new funding sources to get back on their feet. Learn more here: https://bit.ly/38qorkT
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What is DIP Financing?
When a successful temporary staffing company maxed out their small business loan from a bank, Porter Capital funded a $1MM A/R Line of Credit to help them meet payroll. Learn how you can make sure your staff gets paid on time, without worry: https://bit.ly/2Ih7L4F
Today, we honor all the men and women who bravely served and continue to serve our country. Thank you for your service. 🇱🇷
Looking to improve payments between your company and suppliers? Learn the advantages of supply chain financing ➡️ https://bit.ly/2YXYROc
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What is Supply Chain Finance and How Does it Work?
We are excited to welcome Ken Wentworth, aka Mr. Biz Solutions, as Porter Capital's latest strategic partner. As a cash flow pro, Ken uses his experience to help business owners develop the skills to become more successful. Learn about Ken's background in the financial industry and his take on working capital solutions in this featured article: https://www.portercap.com/meet-mr-biz/
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Our team works hard to meet tight funding windows, no matter the circumstances. Check out this deal we funded in only 2 ½ weeks ➡️ https://bit.ly/3ojcqSF
Bankruptcy is stressful and complicated, especially for small business owners. Check out these strategies to help you navigate the process ⬇️
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Can I Get A Small Business Loan After Filing For Personal Bankruptcy?
Looking to grow your business, but don't know which financing option to choose? 🤔We've got you covered ➡️ https://bit.ly/3sLBPYH
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When does Accounts Receivables Financing and Invoice Financing make sense for your business?
