Similar to a supply chain financing program, Speed Pay allows our clients to receive an advance of 97% on outstanding invoices without having to go through our traditional underwriting process. There are no minimum requirements; therefore, small and middle market companies can take advantage of this powerful capital product. This product is aimed at helping procurement officers expand MBE participation.
The MBECP’s Power Program propels companies that are primed for exponential growth by providing them with capital programs that are tailored to their growth projections. This allows our clients to confidently bid on projects knowing they have a capital partner that can provide them with the necessary funds to manage their cash flow needs effectively.
This custom program addresses the needs of a targeted group of companies in a specific revenue range. These companies have significant opportunities for growth, but are under-capitalized. We tailor asset-based capital lines that provide sufficient financing to address their current and future needs.