Contract Financing Solutions to Help Grow Your Business
Believe it or not, it’s not all that uncommon in the business world for small businesses to bite off more than they can chew with their contracts. If you find yourself with a large contract in place without the resources needed to fulfill it, your first reaction may be to bring on a new partner in exchange for equity. We at EDM Capital are here to tell you that there’s a much easier (and mush less expensive) solution.
Using Your Contracts as Funding Tools
Contract financing allows you to leverage the total value of your service contracts to secure immediate business capital. This could potentially be a terrific option of you’re looking to:
- Take on new contracts without stressing your financial resources
- Build brand loyalty by fulfilling obligations as expected
- Increase your production capacity in order to sustain your anticipated growth
All that you need in order to qualify for this program is to have a contract that is either active or is in negotiations that is in excess of $1 million, and includes an equipment component if there is a service obligation involved. Contracts must also have an attractive customer investment grade.
With the help of our Contract Financing Program, you can easily get the funds that you need in order to meet your contractual demands. Beyond that, this financing option may be just the tool that you’ve been searching for to help grow your business. There’s no limit to the possibilities that we can open up to you. For more information on this and our many other financial products, just call and speak with one of our commercial finance experts today.