Startup-Friendly Working Capital Fueling Manufacturer Growth Today
Types of Working Capital Solutions
1. **Invoice Financing**: This allows businesses to borrow money against their outstanding invoices. It provides immediate cash flow, which can be particularly beneficial for manufacturers with longer payment cycles1.
2. **Business Lines of Credit**: These offer flexibility and can be used as needed, similar to a credit card. They are ideal for managing unexpected expenses or taking advantage of sudden business opportunities2.
3. **Equipment Financing**: This is specifically designed to help businesses purchase new equipment. The equipment itself often serves as collateral, making this a viable option for startups with limited credit history3.