October 15, 2013 // Franchising.com // Toronto - Liquid Capital Corp., a Canada-based franchisor specializing in factoring, will launch the Purchase Finance Program (PFP) in early October. PFP differs from traditional Purchase Order (PO) financing and offers more flexibility to its clients. Providing credit insured transactions with short deal terms, PFP is a unique product that addresses client needs while offering flexible terms and fast turnaround without disturbing bank security.
The Purchase Finance Program is used specifically in the purchasing of goods, but unlike traditional PO financing, the goods do not have to be for resale or in final form. PFP can be used to purchase raw materials and equipment to assist business development. The program provides capital for needed supplies using a short deal term of 30, 60 or 90 days. It also allows businesses to purchase the materials or goods they need to grow with more flexibility, and with better time and cost efficiency.
Liquid Capital’s PFP is ideal for potential borrowers who have limited bank availability, do not qualify for PO financing, or simply want to make a purchase using efficient means of financing.
Founded in 1999, Liquid Capital (which franchises under the names Liquid Capital of America Corp. and Liquid Capital of Canada Corp.) is an international network of franchise owners or "principals" who help businesses grow and succeed through factoring, a specialized financial service that provides immediate financing secured by credit-worthy accounts receivables. Clients with growth-oriented businesses and established mid-sized companies who often require additional working capital when money is tied up in accounts receivable typically find that obtaining funding from banks means a long and arduous process. Not only is Liquid Capital’s unique underwriting process convenient and easy, it also offers an opportunity to take advantage of an extensive package of financial management services that allows clients to focus on operating their business without the need for a credit and collections staff. This allows business owners to outsource their time-consuming administrative tasks to focus on what really matters – building their revenues.
Liquid Capital currently has a network of over 60 franchise owners or "principals" in North America and is launching an aggressive expansion campaign targeting markets across the United States for growth. For more information visit www.liquidcapitalcorp.com or www.lcfranchise.com.