Funding for an Uncertain Future

Although the ripple effects of COVID-19 are still prevalent today, we want to take this moment and recognize people’s adaptability and resilience over this last year. Many of us turned bedrooms into offices, living rooms into gyms, and kitchens into personal 5-star restaurants. We were obsessed with shows involving tigers and murders and reliving the run of 1990’s Chicago Bulls in The Last Dance. Many things served as a distraction to what was happening outside our homes, but it is no secret many businesses were forced to close their doors for good.

Understanding the quandary businesses still find themselves in is precisely where we want to help. As banks have tightened underwriting regulations, many companies are looking to alternative funding solutions to strengthen their cash flow.

Invoice funding, commonly referred to as factoring, can be that solution. Our invoice funding service, Kompass 24, helps businesses with purchasing accounts receivable for a discount in exchange for instant funding. On the other hand, if a company has suppliers requesting to be paid faster, we offer a Kompass Accelerate program. 

What do you need to qualify for Kompass 24 and Kompass Accelerate? Most lenders require basic business information, an initial credit check, and the most recent aging report. Typically, the paperwork is the most tedious part. Lenders will need to review documents such as articles of organization, sample open invoices with related purchase orders, and current financial statements. Once those are sent, approval and account setup can occur in a few days and the client can begin submitting invoices.

Why does it work? Because Kompass 24 and Kompass Accelerate provide an element of predictability during uncertain times. Feel free to check our online application to speak with one of our advisors today.


How to leverage your current portfolio to grow your financial flexibility

Individuals and businesses are constantly seeking innovative ways to leverage their assets for growth and financial flexibility, and a powerful tool that can be used in gaining status is Securities-Based Lending (SBL). This financial strategy allows borrowers to use their investment portfolios as collateral for loans, providing a range of benefits that extend beyond traditional lending methods.

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Current State of the Industry Amplifies the Importance of Funding

Telecom companies, including general contractors and subcontractors, have found themselves stuck between the tier-one carrier slowdown and rising interest rates that pressure bank financing. The deceleration of 5G deployment not only puts projects on hold, it can also delay payment cycles on work that has been completed, ultimately causing cash flow issues.

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Get the funding you need, when you need it.

Give us a call to discuss your business funding objectives, so our advisors can show you examples of similar businesses leveraging cash-flow solutions to scale their business quickly. 

You can customize and manage how you want to factor with Kompass Funding, so you get the funding you need, when you need it. Our clients can even avoid waiting 30 to 60 days for your customers to pay invoices, we pay you the amount of the invoice within 24 hours and assume the risk of collection.

Now you can focus on growing your business. 

Let's talk.
Call us at 913-728-0530

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