If your business has come to a crossroads and it is time to take the next step to expand and grow, you will need cash lump sums to make your plans a reality. There are alternatives to conventional forms of financing, such as going to the bank to take out another loan. A bank may not be willing to give you another business loan, or you may not be able to afford another monthly payment in your budget.

Another way to get the funding you need is to find cash lump sums within your existing business assets. There are several ways to manipulate your current business assets and turn them into cash lump sums. Before you get started you should make a cash lump sums list of all of your assets that have cash lump sum payout potential.
You can use your cash lump sums in the following ways:

1. Use cash lump sums to move your business to a new location.

2. Increase seasonal inventory with cash lump sums.

3. Improve credit ratings for future business loans with cash lump sums.

Action Steps
The best contacts and resources to help you get it done

Get cash lump sums from factoring accounts receivable

Small businesses that need immediate cash to keep their operations running smoothly can get cash lump sums simply by using their accounts receivable as collateral. A cash lump sums provider will use invoices, such as purchase orders, to determine how much cash your business qualifies for.

I recommend: Apply online to sell your accounts receivable to a cash flow investor at online cash lump sum provides such as GetFactored.com or Vital Force Factoring.

Find cash lump sums in your business assets

Turn your current inventory, office equipment, real estate holdings or any other company assets into cash lump sums easily. Credit is rarely an issue with getting cash lump sums and approval ratings are very high, especially if your business is well established with a large inventory.

I recommend: HLC Financial Services and Condor Funding offer unlimited, easy-access cash for all kinds of business assets.

Turn business notes into cash lump sums

If your business provides customer financing, you may receive cash lump sums from the promissory notes. A cash lump sums provider will use the amount financed, minus the interest, to give you a lump sum of cash as an alternative to the monthly payments that you are receiving from the customer.

I recommend: Charter Financial, Sovereign Funding and Global BX will all purchase your business notes fully or partially.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Do your research and get plenty of cash lump sums information before enlisting the services of a cash lump sums provider to ensure you make the best choice.
• •  Apply for cash lump sums with many companies in order to compare fees and returns so you can find the best deal.