New Funding Source for E-commerce Businesses

An innovative company released a new working capital program for internet retailers today. Trish Coughlin Higgins, founder of The Flourishing Business, thinks this novel approach will strategically improve the way retail, service and e-commerce firms access capital for business expansion and debt reduction.

Atlanta, GA (PRWEB) September 29, 2006 -- A new working capital program for internet retailers was released nationally today by The Flourishing Business, an Atlanta, Georgia area company.

“We’ve created an innovative way to provide working capital to e-commerce companies,” said Trish Coughlin Higgins, founder of The Flourishing Business (www.theflourishingbusiness.com/finance). “This is a new way to help internet businesses expand without using conventional assets.”

Traditional business lending is built around three primary tenets: length of time in business, the owner’s personal credit score and collateral. These factors create a barrier for e-tailers when they want to expand the business since many do not have business assets and may operate a thriving entity from their living room.

Unlike conventional lenders, The Flourishing Business can infuse capital into a company based on the company’s sales rather then on the owner’s personal credit and assets. Another differentiating factor is that The Flourishing Business is not limited in its funding based on the amount of time a company has been in business, if the business has sales then money can be made available.

“What we do is very simple,” Higgins said. “We leverage the sales stream of a business and turn it into an asset. Since no additional collateral is required this is a perfect fit for e-commerce companies that may not hold property or inventory but have significant monthly sales.”

The Flourishing Business funds e-commerce, service and traditional retail entities. To subscribe to a free newsletter which reveals working capital secrets, visit www.workingcapitalsecrets.com.

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