Tough Deals
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"We will continue to do future business with BRT because they made everything
so easy, fast and convenient. There was no jumping through hoops or stalling
in this loan process. Thank you very much BRT"
Dr. Susan K. Atlanta, GA
Thirty Reasons Why
Businesses Fail...
1. Insufficient control over the cost/quality of your product.
2. Lack of proper inventory stock control.
3. Buying inventory short and selling long.
4. Under pricing the goods you are selling.
5. Poor customer relations.
6. Failure to promote and continue promotion of your public image.
7. Poor public relations with suppliers of goods and services to your company.
8. Management’s lack of ability to reach decisions quickly and act fast.
9. Failure to keep pace with management aids as conditions change.
10. Real and psychosomatic illnesses of key people.
11. Reluctance to be aware and seek professional assistance when needed.
12. Failure to minimize taxation through proper advice on tax planning.
13. Inadequate insurance programs.
14. Lack of planning and forward impetus in sales department.
15. Poor human relations with your staff.
16. Loss of key personnel.
17. Lack of total knowledge of your product, merchandise or services.
18. Inability to foresee and cope adequately with competition.
19. Complacency about competition.
20. Failure to anticipate market trends in connection with your products & services.
21. Failure to anticipate market trends in regard to purchases.
22. Lack of control of liquid assets.
23. Insufficient planning for future capital needs.
24. Failure to stay within the bounds dictated by capital availability.
25. Lack of budgeting or failure to adhere to budget.
26. Refusing to recognize factuality of financial position.
27. Poor record keeping.
28. Granting of too much credit.
29. Purchasing too much on credit.
30. Poor receivables control.
Specialize in Small to Medium Sized Businesses in Following Industries:
Staffing,
Transportation,
Machining,
Printing,
Food Processing,
Technology,
Advertising Fulfillment,
Design,
Software,
Janitorial,
Security,
Nursing,
Apparel,
Custom Brokers,
Electronics,
Furniture,
Pallets,
Giftware,
Pharmaceuticals,
Government Contractors,
and Others...
Pre-Qualification Process:
Credit Worthiness of Your Customers!
Other Lenders and Liens!
Invoice Amounts, Frequency, and Collection History!
Overall Customer Solvency!
Top Ten Reasons for Factoring
1. CASH IN AS LITTLE AS 48 HOURS
Factoring provides you with the ability to meet your CASH FLOW NEEDS IMMEDIATELY!
2. NO DEBT CREATED
Loans require collateral limited by your hard assets. Factoring is NOT a loan, so there is no debt to repay. A factoring company purchases your invoices at a discount. This enhances the financial ratios often used to determine your credit worthiness in obtaining other types of financing. Your balance sheet is more attractive and your financial position is strengthened.
3.HIGH ADVANCE RATE
Our participating factors provide Higher Advance Rates which means you factor fewer invoices to meet your cash flow needs, which also means YOU WILL SAVE MONEY!
4. NO FINANCIAL STATEMENTS REQUIRED
In many cases, no business or personal financial statements or tax returns requested. Clean personal credit is not required.
5. PROFESSIONAL COLLECTIONS
Factors handle collections in a professional manner. Factors are not collection agencies. They understand the importance of business relationships and treat each debtor as though it is your best customer. Factoring companies SPEED the collection of invoices and reduce your collection cost. You can eliminate the overhead cost associated with having someone internally handling collections.
6. INVOICE PROCESSING
You can greatly reduce your cost of processing invoices because factors handle much of the work.
7. ENHANCE YOUR CREDIT
Once you begin factoring, the increased cash flow will provide the liquidity to pay your venders on time. Making timely payments to vendors positively affects your credit rating and allows you to obtain credit from other vendors and financial institutions.
8. INCREASED PRODUCTIVITY
Business owners often spend more than half of their time on duties they do not find productive, such as collections, administration, bookkeeping, warding off creditors and searching for additional capital. Factoring helps eliminate this wasted time.
9. REDUCE ACCOUNTING COST
You will receive information regarding outstanding and paid accounts on a daily, weekly, and monthly basis.
10. NO LOSS OF BUSINESS EQUITY
Ownership percentages remain unchanged with a factoring arrangement (unlike considering bringing in new partners with capital).
Funding Calculator
For
Factoring
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Faster Than A Business Loan. . .
Number One Alternative To Small Business Loans!
Instant Cash Flow and Minimal Credit Requirements!
Review Funding Programs Below!
1) Business Cash Advance!
2) Business Bank Program!
3) Business Factoring!
Business Cash Advance Program!
Benefits of Program:
NO Reporting to Credit Agencies!
NO Need to Switch Processor!
NO Perfect Credit Needed!
NO UCC-1 Filed!
No Points!
No Personal Guarantee!
No Collateral To Pledge!
No UCC1 Filing On Business!
No Fixed Payment Schedule!
No Monthly Checks To Write!
No Impact To Qualify For Other Financing!
No Business Use Restrictions On The Funding!
No Hassles - Quick Application & Fast Funding!
EASY ACCESS:
High Approval Rate!
Up to 50% More Money Than Competitors!
Simple Application!
Use For Any Business Purpose!
SMART CHOICE:
Unsecured Funding!
No Collateral!
Flexible Payments!
No Points or Application Fees!
FAST RESPONSE:
Funded Within 10 Business Days!
Call Back Same Day!
Pre-Qualified Within 48 Hours!
Qualifying for a business loan in today's economy is difficult. A typical business
loan involves many hurdles for a small business owner, including: excessive paperwork,
a lengthy approval process, low approval rates, collateral and personal guarantees
for security, fixed monthly payments, and restrictions related to use of funds.
By comparison, our business cash advance offers a streamlined process that provides a
simple one page application and immediate unsecured funding from $5,000-$600,000. You will
further benefit from high approval rates, minimal credit requirements, and a flexible
repayment process that is directly tied to your business' sales volume. All of these
features provide you with immediate access to funds that you can use for any business
purpose.
Business Bank Program:
Alternative Financing For Businesses. . .
Even Businesses That Can't Qualify For Financing!
The Business Bank Program. . .
Turn Your Monthly Deposits Into Working Capital!
The Business Bank Loan Program For Credit Impaired and Cash Flow Constrained Business!
We help small main street businesses build a successful borrowing
record so you can eventually qualify for traditional loans.
Many small businesses are shut out from traditional loans, often due to low credit score, weak cash
reserves, lack of collateral, or other reasons. And yet, all businesses need capital to grow.
The Business Bank Program uses a proprietary loan platform to assess small businesses on cash flow, business
performance, and payment behaviors. With a broader understanding of your practice, we're able to
lend to you when other lenders may not. And this is just the beginning.
We’ll lend to you today, and
lay out a roadmap for you to improve your financial management to eventually qualify for traditional
loans.
Business Advantage:
• Provide working capital according to what your cash flow can realistically handle!
• Commit to preferred rates on loans as your successful repayment record improves!
• Cash flow guidance to help you improve your ability to pay loans successfully!
• Report your successful repayments so it is positively reflected in your credit scores!
You can keep borrowing until you and your business have the
credibility to qualify for a traditional loan. Then we’ll be sorry to say goodbye, but
very excited about the success you have achieved by getting capital when you needed it!
The Program:
• Daily Direct Debit Payments - Increases your success for
timely payment!
• Lower Total Interest Cost - Principal is reduced faster by
daily payments!
• Tuned to Your Business - Focus on cash
flow and payment behaviors, not credit!
• Cheaper Than Other Cash Programs - Almost by half the cost!
Funding Criteria:
Eligible Business Must Have:
Minimum FICO Credit Score - 620!
Minimum Two Years In Practice!
Minimum Average Bank Balance Of $3,000!
Minimum Ending Bank Balance Of $3,000!
Completed 1 Page Application!
6 Months Bank Statements - All Pages!
Term - 6 Months!
Business Bank Account!
The Business Bank Loan Program Is The Perfect Solution For Most Businesses That
Need An Immediate Source Of Working Capital!
Advantages Of The Business Bank Loan Program:
A Quick and High rate of Approval!
No costly applications and complicated paperwork or closing costs!
Funding within five to ten business days!
Businesses that have been turned down or are not eligible for traditional financing can funded!
You are not required to put up real estate or personal assets as collateral!
Since payback is typically based on cash flow, payback can vary with business activity!
Ongoing source of capital!
Provides immediate and dependable access to working capital for your business!
Strengthens a company’s financial statement and credit ranking!
No personal guarantees required on repayment!
Businesses that can't qualify for traditional bank financing!
Allows business owners to separate their business from their personal assets!
Extremely easy and flexible once in place compared to any other type of financing!
Working Capital Is Available To You Right Now! Your business may
be eligible for $10,000 to $50,000 of Working Capital!
Rapid Approvals and Funding!
Fixed Payment Schedule!
Completely Automated Payback!
Fast - Easy - Convenient!
Lacking Excellent Credit Scores - No Problem!
You can receive funding in as little as 10 days ...
Cash When You Need It Most!
Some businesses find themselves needing capital to
grow and manage their business. At times, these businesses are
unlikely to obtain a traditional bank loan because of unacceptable
debt to income ratios or low personal or business credit scores!
Many businesses, no matter how well they are run, cannot qualify
for traditional bank loans due to personal credit issues, too few
years in business and/or limited cash reserves.
When a capital need strikes, they face few smart alternatives to the bank, and
owners must turn to family money, personal loans, or even
cash advance firms that may charge astronomical rates.
The Business Bank Program bridges the gap between bank loans and factoring products
such as merchant cash advances.
By assessing your practices’ monthly cash flow,
The Business Bank Program enables you to use the strength of your
cash flow to manage demands for capital.
The Business Bank Program Committed to Your Success
We believe that small businesses like yours should be able
to gain quick access to financing without compromising their
long term business success.
That’s Why We Offer The Business Bank Program:
Up to $50,000 In Cash!
Fair, Affordable Rates!
Quick Decisions And Funding!
For Businesses That Can't Qualify For A Bank Loan!
Friendly Client Service Team Committed To Your Success!
Business Factoring Program:
Use Your Receivables For Fast Money!
It's Your Money! Get It Back Today. . .
NOT 30, 60, or 120 Days Later!
Invoice Factoring
What Is Factoring?
When your business sells to another business and then sells its unpaid but collectible
invoices with no liens on those receivables to a factoring institution, at a discount.
If you can't wait 30, 60 or 90 days to collect your money from your invoices sent to your
customers! Or...
You don't have alternative finance resources or your personal credit is impaired!
The power of factoring is that capital can be raised not based on your credit worthiness!
Rather, it can be raised based on the credit worthiness of your customers!
Factoring Is:
Not A Loan!
No Money Is Loaned!
No Money Is Borrowed!
No Interest Is Paid!
Selling An Invoice At A Discount!
Who Qualifies For Factoring:
Viable Entity!
Selling Goods or Services To Credit Worthy
Customers!
Having A Need To Factor At Least $10,000 A
Month!
With Unencumbered AR!
Where Goods or Services Already Delivered!
Your business needs the number one Invoice Factoring source for
one stop financing and business financing needs.
Custom financing solutions with unmatched personal service for
steady and predictable cash flow that is crucial to the success and profitability of
every business.
All too often a business will find the majority of their working capital
tied up in your customers accounts receivable:
BRT has been successful in arranging funding of deals that have been turned down
by other lending institutions, BRT turns dead deals into funded deals!
How To Increase Your Company's
Cash Flow
The problem with the small business owner is that they do not think big enough...
they need to think like a Fortune 500 Business in order to bring in the big bucks.
Also, let me be so bold to state that your business has been suffering lately, and
let me start by saying ?
ITS NOT YOUR FAULT!!! Lets all face it; if you keep doing
what you have been doing, you will watch your business continue down the same path! You
know time is money, right, so how much of both are you able to invest in your business.
Is Invoice Factoring For You?
Get A General Introduction To Factoring That Will Help You Understand What
Factoring Is And How It Can Help Your Business Grow!
Double Click On Triangle Buttons To Hear Videos
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1. Introduction!
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6. Other Services Offered!
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2. Life of Every Business!
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7. What It Takes to Begin!
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3. Factoring Defined!
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8. Telling Your Customers!
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4. How Factoring Works!
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9. Benefits of Factoring!
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5. Can You Qualify!
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10. Conclusion!
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Start Expanding In 10 Easy Steps…
[Click Here]
Step #1
You must do as the Fortune 500 do even if your company is small or in a growth stage!
The Fortune 500 factor their receivables!
Step #2
The time value of money! The more money you have now
(this moment) the more you use in growing your business to earn more money. It’s a
rolling effect and it keeps going… but you must get started with the right program for
your business!
Step #3
Don’t’ go thinking like a small business again… you've got to think like the
Fortune 500. You have to know how to use this new gained cash wisely!
Step #4
Start using the increased cash flow to offset recurring expenses…
Call your vendors and negotiate better terms for paying earlier (2-5% discount for
paying off your bills within 10 days)! You may think your vendors don’t offer a
discount, well call them up and negotiate with them, don’t accept their non-sense and
baloney. If they tell you they can't afford to give you a discount, just explain to
them the concept of the time value of money!
Step #5
Buy inventory or have extra cash for payroll and get more sales orders completed.
Get your inventory into your customer’s hands so they don’t lose out on sales. Or
have the cash for payroll for a new customer order on filling a contract labor deal,
then business really begins to soar!
Step #6
You now have the power (money) to buy larger quantities at substantial savings.
“Negotiate, Negotiate, Negotiate… money talks, nobody walks”.
Step #7
Use the extra cash flow to start targeted direct mail marketing programs!
Because this will increase your customer base so you can take advantage of increased
sales from this great opportunity and reel in the extra business!
Step #8
Save big time on payroll! Well you say how… it’s simple! The factoring company
is going to take care of your credit and collection problems for you if you want, at
no extra charge to you!
Step #9
FACT: Customers pay factors before paying other independent business invoices.
So by utilizing a factoring relationship, you'll have improved receivable turns and
your Cash will be rolling in even faster than a speeding bullet!
Step #10
Not all factors are created equal, if BRT agrees to work with you in
factoring your invoices to meet your needs and which factor to work with. Get prepared to take
your business to new heights and secure the stability of cash flow, peace of mind,
control, reduced stress, improved planning and time to focus on what is critical to
making money!
Ways Your Company Can Benefit From Factoring:
Immediate Cash
Factoring offers funding on your qualified receivables in 24-48 Hours or less, once account is setup.
Working Capital
Factoring is the only financing mechanism directly linked to your company's sales.
As sales increase more money becomes immediately available to you. This allows you to meet
increasing demand for your products and/or services.
No Debt Incurred
Factoring is not a loan, therefore no debt is incurred. It is your money being advanced
to you before your customer pays the invoice. This keeps your balance sheet looking good making
it easier for you to obtain other types of financing.
Builds Credit
Factoring protects and improves credit ratings by providing your business with the adequate
cash flow to pay vendors promptly and even take advantage of trade discounts.
Invoice Processing
Factor handles all the work associated with processing your invoices including mailing them
and paying for the postage, posting invoices to a computer, depositing checks, entering payments
and producing regular reports.
Cash "As Needed" means Nonstop Opportunity and Growth for your
Business and includes:
• Cash stability!
• Simple to start and use!
• Increased sales and profit potential!
• Added purchasing power for supplies and equipment!
• Ending payroll and tax payment worries!
• Better ability to take trade discounts!
• New financial and technical resources!
• You keep control!
Widely accepted as an alternative financing source, accounts receivable
funding is used extensively in almost every industry by companies that need
immediate cash - either for growth or for survival - and may or may not qualify
for traditional loans or grants.
With accounts receivable funding, your invoices for goods or services
rendered to your customers can be converted into immediate cash to better
manage and expand your business. Some of the more common industries
that rely on accounts receivable funding to maintain a steady flow of cash include:
All too often a business will find the majority of their working capital tied up in
accounts receivable and wish to use another vehicle if you qualify for
accounts receivable financing
Companies That Can Benefit From Factoring:
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Personnel / Temporary Agencies |
Trucking Companies |
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Caterers |
Commercial Printers |
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Commercial Bakeries |
Manufacturers |
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Wholesalers |
Importers |
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Distributors |
Apparel (Garment / Textile) |
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Communications Companies |
Footwear Manufacturers |
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Toys and Sporting Goods |
Security Companies |
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High-tech and Related Industry |
Cable Installers |
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Professional Services (Legal / Acctg.) |
Medical Groups |
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Physicians |
Hospitals |
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Nursing Homes |
Assisted Living Facilities |
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And any Business Generating Invoices to Business or Government
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Invoice Factoring
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