Contract Financing
Your Business Could Benefit From Contract Financing Over EquityÂ
While equity financing has its place, it can sometimes be expensive for certain types of businesses. Contract financing allows you to monetize contracts you have already established with clients to obtain the financing you need. Abel Commercial Funding knows that every business and every contract is different, which is why we offer customized solutions to help businesses of all sizes achieve their financial goals.
Contract Financing Is Great for a Variety of IndustriesÂ
This type of financing is a great option for all kinds of industries, including:
- Banking
- Education
- Medical
- Retail
- Technology
- Waste Management
- And more
In fact, there are so many industries that can benefit from financing contracts that you might as well ask us if this is a viable option for you before pursuing equity financing. It could end up saving you a lot of money.
Do You Need It?Â
Not every business is in need of this kind of financing, or will even qualify for it. Financing contracts is a great option for business that are just starting out. There also must be an equipment component to your service contract. It is not a program for maintenance contracts involving ongoing services. Your contract deal must also meet the minimum worth of one million dollars.