Far West Capital provides financing for high-growth entrepreneurs who are frustrated and concerned by their current bank or equity alternatives. Through lending on accounts receivable, inventory or purchase orders, our clients receive custom finance and business solutions that specifically meet the personal and professional goals of the entrepreneur. Our core purpose is to help you Unleash your Potential!
$950,000,000 in financing provided in 2013.
Client Profiles include:
-Unable to obtain traditional banking financing
-Recent losses or unattained profitability
-Dealing with workouts, turnarounds, IRS or payroll issues and timing issues
-Debtor in possession financing
-Asset based lending
-Accounts receivable factoring
-Purchase Order financing
-Line sizes from $50,000- $15 million
-No minimums (factoring)
-No long-term contracts
-Focus on client benefits and potential profitability
Industries we serve:
Why Asset-Based Lending?
-Less expensive than equity and no loss of company control
-Less expensive than vendors discounts lost due to insufficient capital
-A way to make volume purchases
-Opportunity to grow the company
-Terms and discounts offered to customers for prompt payment
-Solves timing issues to continue growth