Affordable Funding for your Alabama Business

Porter Capital is an Alabama funding and factoring company that provides flexible finance for businesses that may not qualify for traditional loans. Whatever your funding requirements, we have a solution that can meet the particular needs of your business to boost your cash flow and help you grow.

We provide funding for small and medium-sized businesses that operate in a broad range of industries across Alabama. To date, we have helped businesses access more than $8 billion dollars in funding through a growing number of working capital solutions.

We always work hard to offer you the most competitive funding option and put an emphasis on personalized and dedicated customer service.

Our Funding and Factoring Solutions 

It used to be the case that businesses that did not qualify for bank loans struggled to find affordable funding. Now, our flexible range of alternative finance solutions means that even businesses without glowing financials or perfect credit records can access a competitive solution. 

Our Alabama business finance options include:

  • Invoice Factoring – Receive up to 90% of the value of the invoices you issue to your customers upfront. Rather than waiting for 30, 60, 90, or even 120 days for a customer to make a payment, you can unlock the cash tied up in your invoices within just 24 hours.

  • Accounts Receivable Financing – Although very similar to invoice factoring, accounts receivable factoring is more like a traditional loan, as all of the business’s accounts receivable (invoices) are submitted for funding and are used as collateral. That makes it cheaper than invoice factoring but less flexible, as you cannot pick and choose the invoices that you want to raise funding against.

  • DIP Financing – Debtor in Possession (DIP) financing can help businesses that are in a bankruptcy situation get back on their feet. As long as you have a viable plan for the future, DIP financing can give you access to the working capital you need to continue trading and turn your business around. 

  • Supply Chain Financing – Also known as supplier finance or reverse factoring, supply chain financing allows the suppliers of goods and materials to stabilize their cash flow by getting paid 100% of the value of an invoice upfront, minus a small fee. When the payment of the invoice is due, the buyer pays the lender directly. This form of funding is suitable for smaller suppliers that sell to large companies with excellent credit ratings.

  • Working Capital Loans – Maintaining a healthy level of cash flow is a challenge even for very successful small businesses. Short-term working capital loans allow businesses to pay their bills and meet their day-to-day costs so you can operate effectively.

  • Asset-Based Lending – If your business is asset rich but cash poor, a line of credit that’s secured against business assets such as inventory, accounts receivable, and equipment can give you access to the funding you need.

The Industries We Support

We understand how the challenges faced by businesses in Alabama differ depending on their size, their financial position, and the industry they operate in. That allows us to find funding solutions that are flexible, affordable, and meet the specific requirements of a broad range of businesses. That includes:

  • Staffing Agencies – We provide flexible funding for Alabama staffing agencies to make sure your staff get paid on time without leading to a cash flow shortfall.

  • Oil and Gas Services – With long payment terms commonplace in the oil and gas industry, we provide factoring and asset-based lending solutions to maintain your liquidity.

  • Manufacturers – Keep your production lines running at full speed with reliable and flexible funding that’s available in just 24 hours.

  • Distributors – Capitalise on opportunities when they come along with scalable factoring facilities that allow you to access more funds as your distribution company grows.

  • Industrial and Business Services – Maintain key vendor relationships and deliver services of the highest level with accounts receivable financing, inventory financing, and factoring. 

  • Transporting and Trucking Companies – Our specialist transportation division provides a range of finance solutions to drive your freight business forward. Maintain your vehicles and pay drivers instantly with our quick cash flow solutions.

Why Porter Capital?

We know that external finance is a cost to your business, but it’s also a huge opportunity. By giving you access to flexible funding that meets your particular needs, we help you unlock the growth potential in your business. In 2020 alone, we funded more than 350 businesses in Alabama and across the US, and we want you to be next.      

Get in touch to discuss your funding options with our team.