Launch Your Project Faster: Finance Your Contract
Contract financing is an ideal solution for businesses with high initial capital requirements, but that expect to be repaid for their services slowly over time. Rather than taking out bank loans to cover the cost of the project, an easier and often less expensive solution is to acquire direct financing specifically for the value of your contract. Through this type of specialized commercial financial program, you won’t have to wait on your client to pay you incrementally.
Is monetizing your contract the right decision for your company? Consider the specifics of this program:
- Perfect for startup businesses, or existing companies that need fast capital to begin new projects
- Typically, the service contract must include an equipment component
- The project must usually not be considered high risk
- Credit rating is expected to be investment grade, or near-investment grade
Numerous Industries Can Benefit
It is a common misconception that financing your contract is only an appropriate option for very specific industries. In fact, this type of program can help a large variety of companies. Here are a few examples:
- Software Development
- Waste Management
- Water Purification
Contact Magnus Today
To learn more about whether financing your contract is a viable solution for you, contact Magnus Commercial Capital Today. We can provide your business with a free, no-obligation analysis of your company’s needs.