Asset Based Lending Solutions for Businesses in Smithtown, NY

Businesses spanning all industries in Smithtown, NY are getting the financing they need by leveraging assets such as equipment, receivables, inventory, and more. At Ambition Funding Solutions, we provide asset based lending (ABL) to businesses in Smithtown, NY as an alternative to traditional loans. Our programs for asset based lending can be used for a wide range of purposes, including:

  • Improving cash flow
  • Growth projects
  • Mergers and acquisitions
  • Taking on large or unexpected orders
  • Increased purchasing power

Ambition Funding Solutions works with businesses of all types in Smithtown, NY to understand their needs so we can structure an asset based lending strategy to help them reach their goals.

Accounts Receivable Financing for Smithtown Businesses

Accounts receivable financing is a form of ABL structured around unpaid invoices. Since most cash flow issues arise from capital that is tied up in unpaid invoices, accounts receivable financing from Ambition Funding Solutions can unlock that revenue for businesses in Smithtown, NY. Instead of waiting 30, 60, or even 90 days to receive payments from customers, our team will convert unpaid receivables into cash, typically within 24 hours. Accounts receivable financing from Ambition Funding Solutions features:

  • Funding available for businesses in all industries
  • No fixed payments
  • No debt incurred
  • No personal guarantees
  • No arbitrary loan board decisions
  • Non-recourse
  • Financing increases with sales

Because accounts receivable financing is a debt-free solution, business in Smithtown can preserve their credit ratings, while boosting cash flow. The fast turnaround on invoices allows local businesses to cover overhead expenses and build up capital reserves to growth.

Purchase Order Financing for Businesses in Smithtown, NY

Ambition Funding solutions offers purchase order financing to businesses in Smithtown, NY. Purchase order financing is a type of asset based lending that levels the playing field so small businesses can take on big or unexpected orders that would otherwise go to larger competitors. Purchase order financing is used by businesses that deal in finished goods and presold merchandise. Ambition Funding Solutions will provide financing to cover large or unexpected orders. Once the order is filled and the client pays the invoice, the financing is repaid and the remainder is delivered as revenue. This allows businesses to achieve rapid growth and court larger client accounts. Our purchase order financing for businesses in Smithtown, NY includes:

  • Financing for your business without taking on debt or requiring collateral
  • The ability to handle large or unexpected orders with confidence
  • Financing is made available quickly so you can focus on running your business
  • Gain a greater market share
  • Ensure timely delivery for all customers

Business Mergers and Acquisitions in Smithtown, NY

Ambition Funding Solutions also provides financing for business mergers and acquisitions in Smithtown, NY. Our solutions for mergers and acquisitions allow businesses to leverage receivables, equipment, and other assets to ensure there is ample working capital at every step of the transaction. ABL for mergers and acquisitions features:

  • A deep valuation to asses merging businesses and their finances
  • Professionally drafted documentation to ensure a safe and efficient merger or acquisition
  • One-on-one financial advice and guidance at every step
  • A personalized financing strategy to maximize savings and efficiency

Contact Us

At Ambition Funding Solutions, we provide asset based lending to a wide range of businesses throughout Smithtown, NY. Contact our offices today to learn more.