Details, Products, Services, etc.
Essex Capital Funding provides working capital to businesses for short and long-term sustenance and growth needs, based upon the purchase of the accounts receivables of the business. This funding decisions are based mainly upon the creditworthiness of the invoice payer (not the business’), and is only limited in amount to the invoice value and number of invoices. Funding can be as soon as 5 business days (from initial application), and in some cases as little as 2 business days. There are no application or other fees. The funding costs are based on a discount of the invoice and depends on the length of time for payment, and the creditworthiness of the invoice payer. |
