Services
At Endeavor, we offer a wide range of financial services to small and mid-sized companies looking to improve their cash flow and grow their business without taking out a large bank loan or negatively impacting their credit. Here are a few of the areas in which we offer guidance to our clients:
- Asset-based lending and financial factoring. These differ from regular credit-based loans in that they allow you to borrow using your assets as collateral. Submit your invoices or your account receivable information and, in most cases, you’ll be able to receive up to 80 or 90% of the value of those assets in cash. This cash can be used to bolster your working capital, allowing you to finance your payroll, manufacture goods and products, pay everyday expenses, and keep your business running smoothly overall. Factoring and asset-based lending won’t show up as debts on your credit history, and you won’t have to deal with the hassle of making monthly payments.
- Purchase order financing. If you need money for manufacturing, purchase order financing can help you generate the cash you need to make it happen before an invoice is even created. Quite simply, the process allows you to take an advance against the purchase order toward the cost of manufacturing.
- Term notes. A term note will help you secure an additional amount of cash that will be payable in monthly installments.
- DIP (or “debtor-in-possession”) financing. If you’ve recently filed for Chapter 11 bankruptcy, this type of financing can help protect your company and its assets while securing the necessary capital at the same time.
- Letters of credit. These documents are frequently used in international trade finance in order to guarantee your ability to pay foreign vendors.
- Accounts receivable outsourcing. If you’re tired of the hard work and headache associated with keeping your A/R department in-house, why not consider outsourcing? Endeavor can help with billing and collections so you can focus on your business, rather than accounting tasks.
As always, all services are rendered with Endeavor’s trademark confidentiality, speed and efficiency in order to make your experience as smooth and enjoyable as possible. Find out which services are right for you by contacting Endeavor today.
