Funding Wholesalers & Distributors
If you have a wholesale or distribution business, it could allow you to connect with retailers from all kinds of industries who are trying to get the best deals on their products. However, any kind of business requires capital, especially in a place like New York City, where the cost of living and doing business is much higher than some other places. Many people who are trying to get their wholesale and distribution businesses off the ground end up becoming very frustrated with traditional methods of getting business working capital.
A Merchant Cash Advance (MCA) is an excellent solution for people in need of fast funding for their distribution or wholesale business. Unlike traditional sources of financing a company’s day to day cash flow, an MCA is given based on the health of your business not your personal credit score and available assets. Our funding specialist look at how long your business has been in operation, and the amount of monthly revenue your business produces per month. In return, the business sells a predefined amount of their future receivables to Working Capital NYC. This allows a business to leverage sales that they have yet to make in order to get the cash they need today.
This type of quick capital is especially appealing to people who are growing weary at the thought of all the paperwork that is usually associated with bank loans. We can provide your business an MCA up to $500k in as little as 72 hours. To get started, just complete the contact form on this page now.