We are committed to helping you meet your cash flow needs to grow your business. We serve small and middle market businesses and large corporations with a range of loan and financing options. The Company provides unmatched convenience and industry leading support to our clients nationwide. We offer a valuable combination of experienced representatives who have a thorough understanding of financing options available for your business and extensive working knowledge of guidelines needed to get your financing approved quickly. We realize your need to access capital to keep your business strong and successful. Unlike a bank loan that requires a lengthy approval process; our process is simple and easy. We offer approvals in as few as two days and funding in as few as five days. We have earned a reputation in the industry and with our clients by offering informative advice and affordable solutions to help business owners handle their cash flow demands.
Working Capital Line of Credit
Our line of credit product allows you to lock in credit now for a need that may arise in the future. You can get approved today and access your cash quickly when you need it. HHAS Finance provides financial support to grow you business providing approvals for many loans and lines of credit ordinary banks turn down.
Working Capital Line of Credit Features
We provide invoice factoring to small and mid-sized businesses. If your business requires accounts receivable financing for the continued growth of your company, HHAS Finance can meet all your needs. Our goal is to provide you a reliable funding resource with the flexibility to meet the unique challenges and opportunities of your business. HHAS Finance has the resources and expertise to provide flexible and effective financing solutions for commercial businesses.
Typical profile of our factoring clients:
Facility Size: $200,000 - $4 million
Annual Sales: $2,000,000 - $50,000,000
Advance Rate: Up to 90% of eligible accounts receivable
Public or Private Companies
Business Equipment Financing
Business Finance equipment financing has specific advantages over other types of financing or purchasing with cash that can be crucial to your company’s success: The term and payment structure of the equipment lease are fixed once the lease is approved. You know exactly what your payment will be every month and to help you better forecast your cash flow.
Flexible Small Business Equipment Financing
However, we are flexible to unforseen needs so payments can be adjusted by lengthening or shortening the term of the lease; significant sales tax and installation charges can be added into the lease financing; in most cases, the full amount of each lease payment is deductible for tax purposes*; and choosing a residual based or fair market value lease transfers some of the risk of holding onto obsolete equipment. An equipment lease through HHAS Finance can be much more advantageous than other types of financing or bank loans. Consider below the types of leases that might be right for your business:
Fair Market Value Lease
A fair market value lease is a traditional lease agreement with lower monthly payments than a buyout. You have three options when the term of your equipment lease ends:
With this equipment lease financing option, at the end of your lease term, you “buy” your equipment for just a $1. This is an attractive option for companies who know their equipment will not lose value and are looking to keep their equipment at the end of the lease.
High Cost Equipment
HHAS Finance offers commercial leasing for large equipment purchases over $100,000. Many banks will include equipment leases on your business available credit and reduce your credit line limits accordingly. By doing business with HHAS Finance, your equipment leases won’t affect your available bank credit.
* Consult your tax advisor to make sure the type of equipment lease you are entering into allows for a tax benefit.
Purchase Order Financing
Purchase order financing can help you if you have purchase orders that you cannot fulfill because you lack funds. As opposed to traditional bank finance, PO financing is easy to qualify for and can be set up quickly. The main requirement is that you have an order from a credit worthy commercial or government client.
Benefits of purchase order funding
Purchase order funding is a financing option that allows you to accept purchase orders, regardless of yourcurrent capital availability. It is an ideal tool for companies that have exhausted their available funds or bank options. PO financing enables you to finance up to 100% of your supplier costs, allowing you to deliver more and bigger orders. Furthermore, PO financing has no arbitrary limits like bank financing and is directly tied to your sales. This means that all you need to do to obtain additional financing is to obtain orders from solid commercial or government customers. PO Funding is an ideal tool for companies that sell 3rd party products such as wholesalers, distributors and resellers and are growing quickly.
To qualify for purchase order funding, companies must meet these criteria:
If your company sells a service or manufactures goods directly (rather than out sourcing) please use our invoice factoring services.
Business Cash Advance
With our agency, small business owners in need of a business cash advance now have a hassle-free alternative to borrowing from banks. A business cash advance from us provides an immediate business cash advance electronically wired into your business account without the requirement of collateral and without the confinement of a strict repayment schedule. No need to worry about late payment fees, repayment is through a percentage of your future Visa/MasterCard receipts, freeing your time to focus on using your business cash advance to improve your small business.
Qualifying for a business advance is easy. In fact, over 80% of applicants receive their business cash advance within ten business days of applying. Pre-qualification is simple: if your business accepts Visa/MasterCard and averages at least $2,500 in monthly sales from Visa/MasterCard transactions for the last six months, we are your solution to your small business financing advance needs. Simply provide us with your last consecutive four months of VISA/MasterCard statements and meet our basic underwriting requirements. In about a ten days you'll have the cash you need to help your business succeed wired directly to your business bank account. It's that simple!
2033 San Elijo Ave. #472
Cardiff, CA 92007
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