Every growing business eventually hits that point where you need a bit more capital to really take things to the next level. Whether it’s eyeing an expansion into new markets, upgrading your equipment, or stocking up on inventory for the busy season – finding the right financing is crucial.
Luckily, in today’s fast-paced business world, there are some great financial tools available that can fuel that growth, without too much hassle. Cin7 customers have access to three powerful options: invoice financing, term loans, and lines of credit through Cin7 Capital.
Invoice financing is a real lifesaver if you’re dealing with those pesky long payment cycles from your customers. Instead of waiting 30, 60, or even 90 days to get paid, you can unlock that cash right away. This does wonders for your operational cash flow and agility.
It’s especially handy for B2B businesses that have a lot of their working capital tied up in accounts receivable. Rather than letting that money sit idle, you can access a good portion of those outstanding invoices immediately. This flexibility can be a total game-changer when you’re trying to keep your business running smoothly, especially through busy seasons or other growth phases.
Term loans open up the door to more substantial, long-term growth projects. Things like purchasing new equipment, expanding into new markets, or launching innovative products require a bigger capital injection. Term loans allow you to borrow larger sums with longer repayment timelines, so you can tackle those ambitious initiatives without getting weighed down by constant debt payments.
Term loans are great for businesses that need a big lump sum of cash – perhaps you have some steady cash flow each month, but not enough saved up for a major investment. They’re also a good option if you’re generally averse to ongoing, revolving debt and want a more stable, fixed repayment plan.
Sometimes, what you really need is the flexibility to access funds when opportunities (or challenges) come knocking. That’s where lines of credit come in. Think of it as having a financial safety net that you can tap into whenever you need it.
This option is perfect for businesses dealing with irregular cash flow or seasonal revenue swings. Maybe you need to stock up on inventory before a busy season, or an unexpected expense pops up – a line of credit gives you the flexibility to withdraw funds as needed, without committing to a full loan upfront. You only pay interest on what you actually use, making it a smart choice for managing the natural ups and downs of business.
What really sets Cin7 Capital apart is the way it integrates these financing options right into the Cin7 platform you already use. This “embedded finance” approach streamlines the whole process, making it faster and easier to access the funding you need.
No more navigating the slow, outdated systems of traditional banks. With Cin7 Capital, the financing is built seamlessly into your existing workflows. This improves efficiency, provides more favorable terms based on your real-time data, and ultimately gives you a serious competitive edge.
By tapping into embedded financing through our partner Kanmon, Cin7 users can leverage a more innovative, data-driven lending model. This gives you the financial flexibility and operational agility to stay ahead of the curve, no matter what growth plans you have in store.
Ready to put these powerful financing tools to work for your business? Learn more and get started with embedded financing today.
