Helping Small and Tiny Businesses to Grow and Expand.

 
Landscape Waste Disposal Site in Florida

A local disposal site for landscape waste had many customers who paid in greatly varying schedules, making it difficult for this client to manage their payables. Format factored their invoices to landscaping companies, averaging receivables of $1000 per week and provided a regular cash flow that enabled them to meet current expenses. After a few months, this client was able to build up a cash balance sufficient to graduate from our financing to being able to manage without it.

Commercial Laundry in Florida

A nearby commercial laundry that took on a very large new client that paid in 30-45 days was not able to float the cost of the service to their customer. Our average weekly factoring of $8500 in revenues evened out their cash flow so they could meet weekly payroll and pay for materials and fixed expenses. Format will also be a resource for this company in inventory finance and equipment leasing, as they develop into a new business model.

Extrusion Molding Company in Michigan

This company had large orders that take upwards of 45 to 60 days to be paid, stressing their daily operations. Our average monthly factoring of $11,500 in receivables has helped this company to continue in a stagnant economy. Format is making plans with them for the financing of future ventures as they grow.

Distributor of Electronic Security components in Florida

Distributing to many different customers, each having different payable cycles has led this client to our factoring and purchase order funding services averaging $9,500 per month to help keep them moving ahead.  With the help of Format funding, this company is poised to move into a new service offering security consulting, design, and turnkey installation to commercial as well as private clients. 

Distributor of Beauty Products in South Carolina

Previously only selling by the unit to individuals on the internet, this client could not afford to fill a large order placed by a new large commercial customer that resold their products through an on-line catalog. By providing purchase order funding of $6,500 Format paid for the order fulfillment to the supplier and factored the invoice to their customer. In this way, our client was able to complete an order they could not afford, and receive a check for the profit without having paid out any money of their own.

Home Health Staffing Company in Florida

This client was three days away from not being able to meet payroll when their situation was brought to our attention. An intense review of their financial situation uncovered a cash flow challenge from insurance companies that paid dependably in 60 days, and some that were not quite so dependable. Format set up a factoring schedule of their dependable payers averaging $7,500 per month that minimized their fees, but provided enough funding along with their private pay customers for them to make payroll. The first funding was one day before the payroll. We now are on a regular just-in-time factoring schedule the day before payroll, reviewing their bank balance against their payables requirements and outstanding receivables. This assures they meet their obligations, while freeing them of the stress involved with a tight cash flow, and giving them time to market and expand their business.

Motivational Speaker and Trainer in California

This client is a salaried therapist moving into her own business as a motivational speaker and trainer with commercial and non-profit customers that have 30 day payable schedules. This schedule would prohibit her from developing her business to the level the market is demanding her services. Format is helping her in her initial business formulation with individualized consultation, and will provide factoring services of $10,000 per month, enabling her to build an inventory of presentation supplies and materials to use in her training, as well as meet other current expenses.

Your Company – Anywhere

Now that you have seen how Format has helped other very small businesses of different types, how do you envision we can help you?

Format responds!  Format your cash flow!  Get Started, or Contact Us to talk over your situation.  

Format does not fund every type of business, but we can probably find someone that will fund yours, no matter what size you are or how big or small your need. 

Or, maybe you would like to Learn More