How Liquid Capital Helped One Company Navigate Financial Challenges with Invoice Factoring Short on time? Read this 30 second summary One manufacturing company founded in 2003, enjoyed steady growth until the 2009 economic downturn. Despite winning a large contract from a major grocery retailer, the company faced a cash flow problem when a large […]
Let’s discredit the misconceptions about invoice factoring and explain how invoice factoring is a realistic solution to cash flow problems. Invoice factoring, or accounts receivable financing, improves liquidity by turning outstanding invoices into instant cash. Many business owners miss out because of their misconceptions about invoice factoring. They often see invoice factoring as the industry’s […]
Business owners lean on Merchant Cash Advances (MCAs) more and more to solve cash flow problems. MCAs offer quick access to cash based on future sales projections. But while MCAs can provide short-term relief, their high costs and rigid repayment terms make them an unsustainable solution. This may not seem like such a big deal […]
We’ve all heard that “Cash is King.” But when in business, especially when you’re growing, cash FLOW is king. As a financial broker, your clients cash flow problems are your cash flow problems, from managing day-to-day operations to planning for sustainable growth. While you help them navigate these waters, offering advice and innovative solutions, there’s […]
Toronto-based Liquid Capital Advance Corp. evolved into much more than a recourse factoring shop Nearly six years back, Jonathan Brindley, founder of Toronto-based Liquid Capital Advance Corp., set out to develop a factoring company. The goal was to create an entity that would provide small- and medium-sized businesses with the financial resources they needed to […]
Compared with the United States and the United Kingdom, factoring is underdeveloped in Canada, at about US$4-billion worth, versus US$300-billion and US$600-billion, respectively. That’s a need Jonathan Brindley, founder of Toronto-based Liquid Capital Advance Corp., intends to satisfy. Click on the below Entrepreneur article to find out how.
Watch Jonathan Brindley on BizTV Canada as he discusses several alternative financing options available.
