Coastal Capital Information

Coastal Capital Funding specializes in helping businesses minimize cash flow concerns by providing needed funds collateralized by invoices and accounts receivable. Every business has cash flow needs. It is important for controllers, and Chief Financial Officers to know they still have options to raise cash, even when banks say no to traditional financing. The key to many of the benefits that accompany factoring is the distinction between selling an asset and obtaining credit. Instead of a bank loan the business sells the right to receive payment on outstanding invoices to a factoring company. Key benefits to the business are… ​1.The business obtains cash without credit. 2.No credit limits 3.No long-term contracts 4.Use of funds is not restricted. Use the improved cash flow for anything the business deems appropriate. 5.The business can usually selectively choose which individual invoices to Factor. 6.Strong financials are not required. The company that is credit underwritten is the paying company that has been invoiced. 7.Avail to new businesses, and businesses with credit issues. 8.Most Factoring companies will underwrite the customers ability to pay the outstanding invoice. Utilizing a Factoring company can help your avoid extending credit to questionable businesses. 9.Low fees. 10.The business can receive funds quickly, often as quickly as 24 hours on established accounts. Coastal Capital Funding (CCF) also offers enterprise level secure bankcard processing. We also work with small business owners. Our wholesale credit card transaction rates enable us to guarantee monthly savings for our corporate and small business clients. Coast Capital partners with multiple service providers, as well as providing a multitude of point of sale solutions and payment gateways. We can offer clients access to multiple electronic payment platforms: First Data TSYS EPX Global Many small business owners are taking advantage of new programs to completely eliminate monthly transaction fees. Be sure to visit www.mysignapay.com to learn more.