We offer four business funding options, all structured to provide your organization with the financial tools to grow your business.
Our specialty leading service is predominantly driven through strong relationships and centers of influence within the Midwest region. We consider our loans to be bridge financing as the goal is to take a company from where they are today to permanent financing. Our loans operate like a bank and require full financial documentation, business proposal and underwriting process.
Supplier QuickPay is a custom program clients develop with Kompass Funding to allow their suppliers to request to be paid faster. We accelerate supplier payments on invoices approved for payment. This helps clients maintain their normal payment schedules and strengthen credibility with their suppliers.
Invoice funding enables clients to get paid faster on outstanding invoices. Instead of waiting 30/60/90+ days for customers to pay, Kompass funding will purchase your invoices for immediate funds and working capital.
Similar to traditional structured equity deals, we offer the ability to convert your outstanding debt into an equity stake. This program requires financial documentation, proposals, and underwriting. Typically, structured equity is an opportunity for our specialty lending clients.
We’ll help you be prepared to take advantage of opportunities, expand your business, and reduce cash-flow stress.
Accounts can be set up in as little as a few days dependent upon business information provided.
Once an invoice is submitted, funds will be sent in as little as 24 hours.
The beauty of Kompass Funding is that we don’t only offer one service. If you are interested in accounts payable funding and management, we also offer our Supplier QuickPay program.
Through Kompass Funding’s client portal.
If you are currently working with another factor, we can pay off outstanding invoices and transfer all incoming invoices to Kompass Funding.
Fees are based on a 15-30 day pay cycle, however pricing can be customized to your situation.
The main difference between the recourse and non-recourse funding is who maintains the risk of no repayment in the relationship. For recourse funding the credit risk of the customer stays with the client, whereas non-recourse funding, the Kompass Funding incurs the risk.
Give us a call to discuss your business objectives, so our advisors can learn more about you, your company, and goals. After a discussion, we can help determine which funding solution may make the most sense for you and your business.
Or email us at clientsupport@kompassfunding.com
