Maintain all your hard work with working capital financing
A strong cash flow and ability to pay off bills with working capital demonstrates the performance of your business but when you don’t pay your people, it is a death sentence to your company. At Payroll Financing Solutions, we understand that sometimes your clients pay later then expected, equipment breaks down or that unforseen events may cause a good business to need working capital for payroll.
Bridging the Gap with Working Capital funding from Payroll Financing Solutions
With our innovative working capital financing that is different from a traditional working capital loan, we can bridge this gap for you. Payroll Financing Solutions offers quick and hassle-free business capital to help you maintain your business. With money in your account, you can ensure no opportunity slips away and not a single paycheck is bounced due to insufficient funds.
Working Capital Financing can be used to pay your people
By definition, Working Capital gives the business owner the ability to pay his/her people and to pay your bills. Having enough working capital in your business allows things to run smoothly to that you can continue to work on strategy, customer service and executing your business plan. However, without working capital, the number one expense you can not pay is your employees and that is the first sign that your company might be coming to an end. Without paying your people, a business will not only lose your people and the good will you have built over the years but it could also lead to the government penalizing your business for not paying payroll taxes on time.
How does the Payroll Financing Solutions program work
The business owner will go through an initial phone conversation with a Payroll Financing Solutions Managing Partner so that they can understand your business. The 20 some questions will be very relevant to your business and will give PFS insight into your business and its past. After that call the Managing Partner will meet with a PFS underwriter and within 60 minutes or less, you will know if you are approved. If you are approved for the working capital financing then PFS will send you a preliminary offer letter. If you decide to move ahead then PFS will ask for some backup documentation whereas a final contract will be sent to you for approval. Once signed the money will be wired to your account and a small daily payment to repay the financing will begin.
10 simple questions. Immediate funding answer. Call 862-207-4118
Other Links for information
SBA Working Capital Loan Wikipedia definition of working capital Inc Magazine: How to determine your working capital Needs Inc Magazine: Know your working capital…or else
