Credit Sales Challenges
Sell on Credit terms & deal with slow-paying customers
Turn your unpaid invoices into cash and fuel your business growth.
If your business is facing cash flow challenges driven by
Sell on Credit terms & deal with slow-paying customers
Have uneven collections (monthly) and disbursements (weekly or on receipt)
Expect (or are undergoing) steady growth and expansion
Experience seasonality or another form of dynamic change
May not be in a position for a traditional bank loan, but working towards it
Then Initium Specialty Finance is the right partner for you!
Initium Specialty Finance (“ISF”) is a Receivables Financing company that lets its customers quickly access cash they have already earned by selling their approved + unpaid invoices in return for cash advances.
Initium Specialty Finance was established by Initium Management, a boutique private equity firm with a strong presence in the Wireless Telecom Infrastructure industry. This sector is notorious for cash flow challenges, where long customer payment terms often conflict with bi-weekly payments to employees, contractors, and suppliers. This clash leads to severe cash flow issues, which can paralyze otherwise healthy and profitable businesses.
Recognizing these issues, Initium Management created Initium Specialty Finance with a clear mission: to empower entrepreneurs and business owners to achieve higher growth and increased revenues while avoiding the risks and constraints of traditional bank loans. We aim to provide businesses with an effective way to:
You may be a good fit for Receivables Factoring if you
Are a B2B (Business to Business) company
Face long payment terms (30-90+ days)
Have fair to poor credit history
Have limited operating history
Have few to no hard assets to use as collateral for loans
Key factors that we take into account while determining the amount you receive
for your Receivables:
Invoice amounts in the range of $20,000-$500,000.
You should have a track record of 95-100% in collecting receivables.
We prefer your customers to have excellent business credit.
We prefer payment terms of 30-90 days.
Upto 90 days.
The industry your company operates in is taken into account as it may influence payment trends and risks.
Benefits of Receivables Financing
Quick and efficient underwriting process
Flexibility in working with any existing loans
you may currently have
Get paid up to 85% of the value of your
receivables now
No need for Collateral or impacting your
business credit history unlike
a traditional bank loan
Build cash reserves for future growth &
investment opportunities
Regular factoring (selling a batch of
invoices) provides for ongoing financing
for businesses
Manage the cash flow for your business on
your own terms
Immunity to changes in interest rate &
credit risk environment
We make receivables financing easy and hassle-free. Follow these four
steps to unlock your cash flow.
After completing work and submitting invoices to your customer, receive approval for financing.
Initium Specialty Finance purchases your approved receivable and advances 85% of the value.
Your customer pays Initium directly.
Once payment is received, we remit the remaining 15% to you, less financing fees.
1Customer A has a $10,000 purchase order from BigCo
2Once Customer A completes the work and fulfills all associated obligations, they submit an invoice to BigCo..
3After BigCo approves the invoice, it officially becomes a receivable.
4Let’s assume that Customer A has a 45-day payment term with BigCo.
5Customer A can then request Initium Specialty Finance to purchase this receivable from them.
6Upon receiving proof that BigCo has approved the invoice, Initium Specialty Finance will advance 85% of the receivable’s value to Customer A—$8,500 in this case.
7When BigCo pays the $10,000 invoice 45 days later, the funds will be directed to Initium Specialty Finance.
8Specialty Finance will then release the remaining $1,500 to Customer A, after deducting financing fees
Feel free to contact us any time. We will get back to you as soon as we can!
293 Route 18 South, Suite D222, East Brunswick, NJ 08816
293 Route 18 South, Suite D222, East Brunswick, NJ 08816
