Advertising Finance is for advertising and marketing firms that need working capital for growth and expansion. Advertising Finance can be used by traditional marketing firms as well as digital marketing firms. This type of finance is typically used to bridge the gap between payroll and expenses and receiving the payment from the customer which could be 30 - 60 days after services have been rendered.
The most common type of advertising funding are:
- Asset Based Lending
- Invoice Factoring
- SBA Loans
- Merchant Funding
- Cash Flow Loans
The type of Advertising Finance that is available to your company will largely depend on the creditworthiness of the business and the nature of the billing. Mature companies that have a history of profitability can take advantage of Asset Based Lending or Cash Flow Loans. Newer companies can benefit from Invoice Factoring or Merchant Funding
Advertising companies will often bill projects in stages. Asset based lending and invoice factoring will typically require that the invoiced services be completed in full prior to the invoices being added to collateral base.
While there are several forms of advertising finance available, each has its positives and negatives. In many cases more than one form of financing can be used to generate capital. Choosing the right working capital facility with the right lender can make all the difference.
Call us now at 855-424-2958 to discuss your advertising finance options! Or fax us at (855) 450-0885.
Customized Financing Options
Asset Based Lending
Revolving lines of credit up to $20,000,000
Accounts Receivable Factoring
No minimums, up to $20,000,000
Secondary lines of credit for ABL or Factoring
Equipment & inventory facilities
Great for staffing & temp agencies