"We met with the Principal in Kelowna, Ron Finch, the next day and he explained all aspects of factoring very clearly. He was very up front about fees and the entire process.
Most importantly, Liquid Capital did not require us to factor our entire accounts receivable, only the ones not being paid quickly. Also, there was no minimum requirement. Ron Finch also explained that Liquid Capital will do credit analysis for us when we are taking on new business and they would provide professional collection calls to our customers as well.
It is a great relief to Invoice one day and to be funded the next day, and we have not had one objection from our customers that we have outsourced our Accounts Receivable.
I am very pleased with the service and would recommend Liquid Capital to anyone seeking additional short-term funding."
John and Carol, Panko
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"With the flexibility, fair rates, and great customer service, we found Liquid Capital to be the right choice for our company. By putting monies at our disposal, we can compete with some of the larger companies."
Jeff Garman, Owner
Garman Trucking.
"Liquid Capital has been an amazing partner to us at Eco Lips. Getting cash in hand at the beginning of a sales transaction has not only helped fuel our growth, but has also minimized the cash-flow struggles we commonly experience as a small business. It is comforting to know that Liquid Capital is there for us, offering the most flexible and personalized factoring service in Iowa."
Steve Shriver
President/Founder
Eco Lips Inc.
In a time when money was tight, due to lost contracts and slow payment from existing customers, Liquid Capital came through for us. By selling our invoices to Liquid Capital, we were able to pay our vendors in a timely manner and to procure new accounts to replace lost accounts. Without the support of Liquid Capital, we may very well have closed our doors. Now our outlook is better than ever."
Respectfully,
Kevin M. Berry, President
The Berry Best, Inc
"My husband and I own an Auto Transport Company. We use brokers for many of our loads. While some of them pay us quickly, some are very slow. We learned about factoring, and found a local bank that provides factoring services. We were ready to sign the documents when we realized that they required us to factor 100% of our receivables. First, they had not been up front about this during the application process. Further, we have several customers that pay us in a week or two.
I manage our expenses closely, and did not want to have to pay fees to factor receivables unless I needed that money immediately. I talked to another commercial banker I know, and he suggested I call Liquid Capital.
We met with a Principal the next day and he explained all aspects of factoring very clearly. He was very up front about fees and the entire process. Most importantly, Liquid Capital did not require us to factor our entire accounts receivable. This has saved us over 60% of what we would have paid to factor with the other company.
In addition, Liquid Capital does credit analysis for us when we are taking on new business and they provide collections as well. The other factoring company I was looking at did not provide those services. This was all part of Liquid Capital’s fees which were lower than the other company!
Liquid Capital is like a business partner that helps improve your cash flow and even saves you money in managing your accounts receivable! I am very pleased with the service and would recommend Liquid Capital to anyone seeking additional short-term funding."
Satisfied BC Client
