At Porter Capital, we are implementing our growth strategy for 2022. A large part of our plan involves partnerships, appreciating the partners we have, and expanding our Partner Program to work with new organizations. We partner with banks, venture capital firms, consulting firms, and individual brokers. Here are some examples of our Partner Program:

Banks

We partner with banks to offer their clients financing for opportunities that don’t fit the banks’ lending structure. This could be a new deal or a longtime client with special financing needs. Porter Capital partners with commercial and small business bankers to offer alternatives to traditional loans. We can also work with the banks’ special asset division to assist higher-risk businesses. This allows the bank to maintain a positive relationship with the client and keep the client’s deposits. Porter Capital acts as a bridge to bank financing and once the client graduates from our line of credit, the bank will be in a strategic position to win the credit relationship.

Our banking partners send us potential clients on a daily basis and we can structure deals to include: AR financing, inventory financing, equipment term loans, bridge loans and cash flow loans. We’ve had many of our bank partnerships for decades and welcome the opportunity to work with established and new bankers, seeking instant funding for businesses that may not fit the traditional loan structure.

Venture Capital Firms

VC firms are often connected to exciting new start-up ventures that have a competitive advantage in the marketplace. The VC can provide start-ups with the capital needed to gain footing in their industry. Once the start-up venture becomes more established and starts issuing invoices, many of our VC partners will introduce them to Porter Capital.

Many start-ups use invoice factoring to finance growth, make payroll or buy more inventory. Invoice factoring does not require an equity stake in the start-up and is not a new debt on the balance sheet. Factoring agreements can be negotiated quickly, in a matter of days, instead of months. Our partnerships with VC firms allow us to negotiate creative deals that support entrepreneurs in fast-paced startup endeavors.

Consulting Firms

Consultants typically specialize in an