Louisiana has a lot to be proud of! The state has seen an encouraging surge of growth in areas of oil & gas services, production, and has some very exciting projects coming up in communities such as Lake Charles, Lafayette, Houma, and Ascension Parish. Those areas will be seeing an influx of small businesses as a result of a few very large gas companies which will be expanding and adding new liquefied natural gas operations over the next 2 to 5 years.
Helping Louisiana Small Businesses Through Accounts Receivable Factoring
Invoice Factoring can often be a huge help for small business owners as it can free up cash which would otherwise be tied up in unpaid invoices. Many businesses also turn to factoring their invoices because they cannot qualify for a traditional line of credit at their local bank. There are many reasons a small business may experience a turn down with their local bank; start up business, poor personal credit, customer concentrations, lack of collateral, balance sheet issues. The good news is that most of those situations are not a problem for a good invoice factoring company.
Security Business Capital can help with turning invoices to cash through factoring. We offer customized financing solutions including Invoice Factoring, Purchase Order Funding and Spot Factoring; we can even bridge financing and other lending options to fit specific cashflow needs.