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Disadvantaged Business Enterprises
Our business is to provide funding for Disadvantaged Business Enterprise (DBE)
firms. WHY? because we know: Pursuant to Federal Law, The Surface
Transportation and Uniform Relocation Assistance Act (STURAA) of 1987, TEN
PERCENT of authorized state funds must be expended to DBE's. Your firm has
undergone a rigorous state certification review and is a responsible, capable,
and trusted firm. As a certified DBE, your firm's receivables are
collectable with a very low risk of non-collection. Our funding program
will allow under-capitalization issues to be addressed by accelerating your cash
flow cycles.

Here's how it works: Approximately 70% to 90% of individual invoice amounts will
be paid directly to you (from us) as soon as the customer approves the invoice.
The balance, minus the discount fee, will be paid when we get pad by your
customer. It is that simple.
You gain
approximately 30-60 days on normal cash collection time and can directly
apply this cash to working capital requirements. This timing
scenario provides immediate cash to take advantage of any discounts
offered by your vendors (say 2% 10/Net 30). We can assist you winning
large dollar contracts by providing issuing agencies (for example,
Transit agencies) documentation showing that adequate funding is
available to you.
Additionally, your balance sheet is improved by showing NO long-term
debt. Accelerate your cash, improve your ability to handle large
contracts, and watch your business grow TODAY! |
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