Purchase Order Financing
Other Services from Better Local Capital CT
Accounts Receivable Financing
Faster access to the cash flow your business needs to meet payroll and operating costs on time, every time, while you await payment on approved invoices.. With the BLC Working Capital Finance Program, qualified businesses can secure up to 80% of the value of approved and verified invoices on terms of up to 3 months, up to a maximum of $150,000.
CT Childcare Working Capital Financing
Faster capital for Verified CT childcare service providers to support working capital and liquidity. Qualified businesses can fund up to 90% of Care for Kids payment requisitions and regular receivables from parents. Qualified businesses can secure this special short-term funding for up to 2 months, from as low as $10,000 up to $150,000 based on receivables.
Contract Mobilization Financing
Access funding based on the value of a contract that has already been won but requires initial mobilization funding. With the BLC Working Capital Finance Program, qualified businesses can secure up to 20% of the contract value for mobilization funding on terms of up to 3 or 4 months, up to a maximum of $150,000.
MCC Construction Financing
Faster capital for Verified Members of the Minority Construction Council to support working capital and liquidity. MCC members can access funding based on contract value, accounts receivable, and purchase orders. With MCC Construction Financing, qualified businesses can secure up to 3 months of working capital expenses with terms of 3 or 4 months, up to a maximum qualified funding amount of $150,000.
Smart MCA Refinancing Loan
Better Local Capital’s Smart MCA Refinancing Loan gives small business owners a better path forward to affordable, and sustainable MCA refinancing. Our Smart MCA Refinancing Loan sets a fixed APR of 12%, with a maximum loan amount of $100,000 over a 12 months term.