What is Working Capital Financing?
When purchasing additional inventory to support larger orders or new customers, an existing operating line may not suffice. A combination of a larger operating facility and/or temporary working capital facilities may be the answer to bridge the cashflow cycle as you turn payables into inventory, inventory to accounts receivables and receivables into cash.
From inventory financing, purchase order financing or accounts receivable factoring; Crete Capital explores optimal financing solutions to support expansion via organic growth by providing customized advice and leveraging relationship across reputable lending institutions.
My experience with Crete Capital has been nothing short of excellent. Their professionalism, attention to detail, and communication skills have been remarkable from my initial to my last interaction. Crete Capital worked around my busy schedule as a business owner and respected my time by making themselves available to speak on weekends, evenings, and any time of day, which was important as I needed someone with that flexibility and level of understanding. For the past 20 years, I’ve been responsible for obtaining my financing, which was time-consuming and overwhelming.
Crete Capital shopped around and presented me with the best financing options available, which I had not been able to secure previously. This allowed me to utilize my time more effectively to grow my brand while enabling Crete Capital to leverage their experience and negotiate the best deal for me. I highly recommend working with Crete Capital and will continue to work with them in the future.
-DOMINICK TOUSIGNANT, CEO
Body Energy Club