We provide established businesses with an easy source of funds to improve operating cash flow. As you ship product or provide services to your customers, you assign the invoice to us. This establishes a line of credit, typically 80% of your open invoices. As requested, money will be transferred to your bank account to meet any of your ongoing financial obligations such as payroll, accounts payable or tax obligations. Approval is easy as long as you have viable business or government customers. Factoring is very flexible, easy to get and works for all sizes of business.
Most of our programs have no monthly minimums or fees.
Purchase Order (PO) Funding
Once your A/R line is established you can qualify for PO Funding. This will allow you to obtain funds to purchase or manufacture your product. This financing is contingent upon your having a firm purchase order without contingencies.
Asset Based Lending
We can help larger businesses obtain an asset based loan using a combination of inventory and accounts receivables as collateral. This type of funding is less expensive than factoring but usually requires established financials. The minimum loan amount is usually in the $300-500K range.
Leasing - To increase sales
Our flexible leasing programs help you boost sales by giving your customers a financially attractive alternative to purchasing. The cost of your equipment will no longer be an impediment to sales. Offer your customers a low monthly payment with the option of owning the equipment at the end of the lease. You receive full payment for your product when delivered and we finance the equipment for your customer.
Leasing - To Finance Equipment & Software Purchases
Leasing allows you to purchase equipment without weakening your company's cash position or borrowing power. Competitive rates are fixed for the term of the lease. Interest rate fluctuations do not affect your monthly payment. A simple one page application is usually all that is needed. Approval and funding can take place within days.
Need cash to expand a profitable businesses? Buying a business? Opening a franchise? Want to buy a building for your business? If your financials (actual or projected) are good an SBA loan may provide the best alternative for your business. The rates are low and this is a desirable option if you can qualify.
If your business can benefit from immediate cash, call The Astra Funding Group today at (408) 255-6360 for a free, no obligation consultation.With just one call, put a funding specialist on your side.