Funding Solutions, or factoring, is an invaluable tool for businesses that are growing rapidly. Park Funding Solutions purchases your outstanding invoices in exchange for cash to finance ongoing business operations. Park Funding Solutions provide accounts receivable financing from $1 million to $20 million. We can help our clients collect on larger, ungainly accounts and provide cash on hand to pay vendors on time or cover your payroll. As your business grows it is important to have a flexible financing solution that is flexible enough to expand with your business.
Your relationship with us will have many benefits. A partnership with Park Funding Solutions means we can use our multi-faceted system for judging your client’s credit reliability, to help you assess a new client before working with them, as well as giving you access to the money you need to grow.
Our knowledge, experience, and personal attention allow us to find a funding solution that will work for your company and allow it to grow and thrive. Because our funding is backed by Park National Bank, you can count on us to be reliable and professional.
- Receive up to 90% of invoice
- Very competitive fees and terms
- Backed by Park National Bank capital
- Frees up time and money for your business
- No loss of equity
- We welcome clients nationwide
- For lines of credit from $1 million to $20 million
To apply, you will need the following:
- Financial Statements for 3 years
- Business and personal tax returns for 3 years
- Personal Financial Statement
- Accounts receivable listing or detail
- Executive summary of business and key personnel