In the world of Asset-Based Lending (“ABL”), Accounts Receivable Financing and Factoring, many times the first objective we hear from a potential prospect is, “I can’t afford alternative financing because it’s too expensive.” While that is certainly a valid consideration, […]
Tampa Bay Alternative Funding Specialist Advises Business Owners via Informative Monthly Column
Business owners face a multitude of issues on a daily basis – one of the biggest being funding options. And, when the bank turns you down, what do you do? Alternative Funding Options (AFO) CEO/President, Cheryl O’Neill Gowen, has made […]
What You Should Know About Asset-Based Lending
Asset-based lending (ABL) is a way for rapidly growing, cash-strapped companies to meet their short-term needs. In general, companies can tap their assets to generate the cash flow through asset-based loans. ABL has become a popular choice for companies that […]
What is an Asset Based Loan (ABL)?
Asset based financing is a way for rapidly growing, cash strapped companies to meet their short-term needs. In general, companies can tap into their assets to generate the cash flow through asset based loans. ABL has become a popular choice for companies […]
Benefits of Factoring your Accounts Receivable
Prior to starting Alternative Funding Options, my ex husband and I owned an aluminium contracting business. We built screen rooms, pool enclosures, sunrooms, etc.(actually he did the building, I managed). Since we were a start-up company, we could not qualify […]
Is Your Business Headed for Disaster?
Here in Florida, June 1st marks the official opening of our hurricane season. While all Floridians hope the hurricane activity of prior years is not repeated this year, we all know we must start planning now, regardless of where in […]
Celebrating my Journey to “A Year in Business”
Last October, I decided to take a leap of faith and start my own business. I had been working for other companies since 1976 and was used to getting that steady paycheck. With only eight months of money in my […]
Overcoming the Financial Limitations of Growing your Business
How many new customers did your business sign this month? Do you have so many customers right now that adding new ones seems impossible? Many companies I meet with tell me they have so much business right now, there’s no […]
Understanding Alternative Financing
WHAT IS FACTORING? A financing method in which a business owner sells accounts receivable at a discount to a third-party funding source (factor) for immediate cash. In a typical factoring arrangement, the client (you) makes a sell, delivers the product […]