“We understand that busy company owners want information about funding options to help them meet the demand for operating capital."
Houston, Texas (PRWEB) October 30, 2012
Houston-based Factor Funding Co., offering factoring services to meet financial challenges for businesses nationwide, announces a free eBook explaining asset-based loans as a tool to manage cash flow fluctuations for small and mid-sized businesses.
“A Complete Guide to Asset-Based Loans” is available for download at the company’s website. The informative report takes small business owners through an introduction to asset-based loans, with sections that include:
- What are asset-based loans?
- Advantages of asset-based loans
- How asset-based loans can work for a business
- Ways to use asset-based loans
“We understand that busy company owners want information about funding options to help them meet the demand for operating capital. They just don’t have a lot of time to do the research,” according to Daniel Eke, president of Factor Funding Co. “This eBook gives business owners the facts to decide if asset-based loans are right for them.”
Asset-based loans use a company’s assets, such as raw materials, finished inventory, accounts receivable and equipment and machinery as collateral. The assets are easily quantifiable with a known value that makes it easier to qualify for the loan. Borrowers are approved for a maximum loan amount that they can draw against or pay down as business needs change. It is this flexibility that makes asset-based loans attractive to many business owners.
About Factor Funding Co.
Factor Funding Co. of Houston, Texas is a leader in offering cash flow management options to growing companies, start-ups and minority and women-owned businesses. Factor Funding Co. has come to be relied upon by wholesalers, distributors, manufacturers and service providers that need fast, reliable solutions to their cash flow problems. Whether the need is money to grow, expand, modernize or remain competitive in an industry, companies across the country turn to Factor Funding Co. for solutions.