Trash Collection Receivables Funding is a revolving line of credit secured by the company’s Accounts Receivable and is among the most efficient ways for a company to get the cash it needs for day-to-day operations–to pay bills, increase inventory or meet payroll. By using their receivables as collateral, a company can get a business loan for whatever it needs, for however long it needs it, without taking on extra term debt or diluting its equity. The value of the receivables remains on the borrower’s financial statement but is committed as security for the loan. As receivables are paid, the cash goes directly to the lender to pay down the outstanding balance of the credit facility. In turn, as a company needs additional capital, it can continue to borrow against the receivables up to a maximum amount set by the lender. Trash Collection Receivables Funding can also benefit fast growing small and mid-sized companies because as sales increase, so too does the maximum credit available to them.
Many companies find themselves short of operating capital, therefore they can utilize Trash Collection Receivables Funding to obtain sufficient funds.
The IRA Network has an extensive list of Funding Resources who provide Trash Collection Receivables Funding.
$50,000 – $300,000
Understanding Your Needs:
The IRA Network understands the need for Capital Funding NOW. We know that the harder it is to obtain capital and the longer it takes the easier you can be discouraged from realizing your dreams of opening a business or expanding your existing business.
We Can Help!
The IRA Network specializes in both Conventional and Hard to Fund projects that require a creative funding approach. IRA has created a unique relationship between entrepreneurs and investors. In order for us to determine how we can assist you in finding the right investor relationship for your project, please fill out the following. To analyze the information properly, we have asked specific questions regarding your business and/or project. The IRA Network understands entrepreneurs are traditionally risk-takers and usually have put their own credit and finances at risk, hurting their credit.
Please be advised that your answers to the questions regarding your credit and finances have no bearing on whether or not we take you on as a client, but rather serves as an aid in analyzing your total situation and in developing the right funding strategy. Additionally, if you don’t know an answer – don’t worry – this isn’t a test.
After one of our analysts has had an opportunity of review you responses, we will get back to you to evaluate your project and establish a plan of action.
Funding Pre-Qualifier – Let the Professionals take care of your capital needs!!!