More information is available at https://www.parfunding.com/
Par Funding, a premier factoring firm in small business financing, has recently announced the launch of its unique Consolidation Plan that is designed to assist merchants that are ‘stacked’ and need help finding a path to conventional financing options. The Consolidation Plan by Par Funding is a combination of short-term assistance coupled with long-term remedies to help small businesses overcome operational obstacles. What makes the Par Funsding program unique is that it is designed to transition small businesses from short-term cash advances to a more long-term capital solution.
The New Consolidation Program by Par Funding
Par Funding provides multiple cash advances to small businesses in need to help them with their liquidity issues. The immediate cash advances by the company allow the small business to lower its daily payments and give it the necessary liquidity to meet its day-to-day cash obligations. These may include payments like weekly payroll and deferred payments to suppliers. The cash advances give small business owners who find themselves in a tight spot to have some peace of mind so that they can focus on creating a strategy to get their business out of hot waters.
Fresh Capital at a Low Rate
Once the immediate illiquidity threat to the business has been resolved with the cash advances by Par Funding, the new Consolidation Plan now works to help the business reach a more long-term solution. The program is modelled in such a way that it encourages businesses to get off the cash advance product and into a more conventional capital product.
Par Funding offers fresh capital to businesses at a competitive rate to help them increase their revenue. Therefore, the combined product of cash advances and capital allows the business to lower its daily payments while increasing its daily volume of sales at the same time, hence reaching a more financially feasible position.
“Small business factoring could provide you with cash advances from a factoring company based on outstanding invoices from your current customers,” states Joe Laforte of Par Funding. “Our new and unique consolidation plan works its magic in two-folds: by lowering your daily payments and providing you with the capital to increase your daily sales volume. But what makes it really unique is that it is coupled with singling out specific invoices and provides an amazing low factor rate of 1.18 on these invoices.”
About Par Funding
Par Funding is leading provider of short-term capital to businesses and is known for quick turnaround time and exceptional customer service. The company was built on the foundation of helping small businesses gain access to funding solutions necessary for day-to-day operations and growth. The company offers honest and transparent financial options through an exceptional customer support platform. More information about the company can be found on here.
Media Contact
Company Name: Par Funding
Contact Person: Allen Brotsky
Email:Send Email
Phone: (305) 504-8432
City: Philadelphia
State: PA
Country: United States
Website: https://www.parfunding.com/
