Boca Raton, FL (PRWEB) May 13, 2008
Sun Capital Group (SCG) is the premier sponsor, a major exhibitor, and workshop presenter offering alternate business funding solutions at the GROWING WEALTH LIVE conference from May 22-24, 2008 at the Hilton San Francisco, announced SCG Senior Vice President, Business Development Jim Beutel.
SCG, a leading nationwide financial services company specializing in alternate business funding and customized cash flow solutions for the working capital needs of commercial businesses, government vendors and healthcare providers, will be located at booths 110, 112, 119, and 121, with display materials and financial professionals available for one-on-one meetings.
GROWING WEALTH LIVE is a new and empowering financial event targeted to those who work in or provide services to cash flow management, real estate and foreclosure markets, securities or foreign currency markets, etc. The event will feature informative and thought-provoking general sessions and educational workshops, as well as direct contact with multi-industry exhibitors sharing products and services that can be added to, or support attendees' current business services portfolios for growing personal wealth.
"Many consultants who have added SCG's alternate business funding programs to their business-to-business portfolio of services, have quickly and significantly increased their ability to grow their own revenues by showing their clients how to increase working capital for their business through SCG's funding programs" noted Beutel. "Once they look closely at their current client base, and realize the synergy of their clients' needs with the SCG accounts receivable funding program, their existing relationships are what immediately deliver the initial growth. As they pursue new clients, they often find that the SCG financial service, becomes the key to securing the new relationships, and thus their business expansion."
He added that due to the current liquidity crunch, with additional debt and lines of credit from banks more difficult to obtain while the demands on cash flow are increasing, more executives of national companies as well as independent commercial businesses, government contractors and healthcare providers, are adding SCG as a strategic funding resource to their financial relationships.
Whether in growth mode or fiscal stress, SCG's funding programs successfully utilize a currently available and nonperforming asset -- accounts receivables -- to provide the immediate working capital that businesses need to create a monthly cash flow management plan. As an alternate source to traditional business funding, SCG's accounts receivable funding is debt-free, and the availability of funds grows as the business' A/R grows, whether the increase comes from customers, patients, commercial invoices government contracts or healthcare claims. Because Sun Capital's A/R funding is not dependent on the availability of credit or limited by caps on credit lines, SCG's industry-specialized funding programs become an important tool in business financing strategies.
Beutel added that SCG's A/R funding programs' flexibility and immediate cash infusion increases a business' purchasing power and provides a predictable and steady cash stream, while reducing an organization's dependency on debt-incurring bank loans and lines of credit as the sole sources of financing.
"We look forward to sharing insight, counsel and funding ideas with attendees and giving them the Sun advantage which they can use to expand their portfolio of business services and bolster their continued success," said Beutel. "As premier sponsor, we are looking forward to a great turnout at Growing Wealth Live this year, meeting with motivated and excited individuals to discuss new transactions, marketing strategies, successes, challenges, and how to grow their business."
SCG is headquartered at 999 Yamato Road, Third Floor, Boca Raton, FL 33431. For more information on SCG's accounts receivable alternate business funding programs or to set up a one-on-one meeting with an SCG financial professional while at the show, please contact Jim Beutel at jim(at)suncapital.com, his mobile office (609) 221-1394, or corporate office (800) 880-1709.