1. About Us
Capital Financial Global financing is not unsecured. However, we do not require any specific amount, type or value of collateral and no appraisal or specific assets are required. Financing is secured by a general lien on the assets of the business and backed by a personal guarantee. We do not take personal assets as collateral.
Capital Financial Global (CFGX) is a specialty finance company that provides asset-backed financing and loan advisory services.
Qualification for Capital Financial Global is determined based on a number of factors. These factors include, but are not limited to, your business cash flow, the strength of your customers, and to a lesser extent your personal and business credit history. You do not have to have perfect credit to work with us. We work with a broad range of clients, including those with below average credit.
While we evaluate many parameters when making a funding decision, we look for personal credit scores above 530 for our invoice factoring service and above 600 for our business line of credit service.
We typically respond to your application within 24 hours.
Capital Financial Global offers credit lines between $5,000 and $5,000,000. Your credit line is the total amount of funding that you can have outstanding at any given time, and will replenish as you repay draws (for a line of credit) or as your customers pay outstanding invoices (for invoice factoring).
No. As long as you have no balances outstanding, you can stop using Capital Financial Global at any time with no penalties or fees.
The Capital Financial Global application is three simple steps that can be completed in minutes.
We ask for:
- General information about your business, such as address and Tax ID
- Information about the business owner applying, including social security number
- Either a read-only connection to your business’ bank account or your 3 most recent months of bank statements
- Speed: we generally approve applications within 24 hours, and after that we can get you funds as fast as a few hours after your request
- Simplicity: a 5 minute application and an intuitive online dashboard
- Flexibility: fund only when you need, and pay only for what you use
- Personal Service: a US based customer success team ready to answer any question or help with any issue
Transfer Online is CFGX’s transfer agent. They are responsible for maintaining the records of registered shareholders. If you need to change your address, view current holdings, or obtain a stock certificate, please contact Transfer Online at (503) 227-2950 and/or visit their website at https://www.transferonline.com.
You can contact CFGX’s Investor Relations at [email protected].
2. Invoice Factoring
To meet the minimum requirements for Invoice Factoring, your business must have been in operation for at least 3 months, have a personal credit score of 530 or more, and your business must generate at least $10,000 in monthly revenue. Any business that serves businesses or governments is eligible for Invoice Factoring. Invoice Factoring is available in all states.
No. Capital Financial Global gives you an advance on the invoice amount, then on the invoice due date, your customer will simply pay the amount due to your Capital Financial Global Account instead of sending it to your business address or account. As long as the invoice is paid by your customer as expected, there’s no repayment on your part, and you take on no debt or liability.
Capital Financial Global currently accepts invoices where:
- The service or product was completed, delivered and accepted by your customer
- The customer is based in the US or Canada (English speaking provinces)
- The customer is a business (not a consumer)
- The invoice face value is higher than $500
- The payment term is shorter than 13 weeks
- The due date is at least 1 week away
We fund invoices, but that’s where the similarities with traditional invoice factoring end. Our solution is fast, simple, and 100% online. In addition, Capital Financial Global lets you maintain full control of your financing and your customer relationships as long as you are in good standing. We do not require any minimum volume or termination fees, and you can fund as many or as few invoices as you like.
Capital Financial Global serves businesses in a wide variety of industries. These include (but not limited to): IT Services & Technology, Business & Professional Services, Wholesale Trade & Distribution, Manufacturing, and Staffing Services. Certain medical and healthcare industries may be restricted as Capital Financial Global is not HIPPA certified.
You can request advances for as many invoices as you like and as often as you like, within your available credit line. For example, if your credit line is $50,000, you can get funded on invoices worth a combined total of $50,000 at any given time.
As quickly as in a few hours once approved and confirmed. With Capital Financial Global you can choose between ACH electronic transfers or bank wire transfers. ACH transfers are free and the funds usually appear the next business day (but may take up to three). A bank wire costs $15 per wire and funds are typically available in your bank account the same day.
Yes. Our decision process is different than a bank’s. While we take credit history into consideration we focus on the quality of your customers, not only personal credit history. A great advantage of Capital Financial Global’s invoice factoring is that you can leverage the credit-worthiness of your customers.
In the event your customer doesn’t pay the invoice, you are still responsible for settling your balance with Capital Financial Global. You can self-pay the invoice directly on our website, or we will enroll you in our installment plan.
Transfer Online is CFGX’s transfer agent. They are responsible for maintaining the records of registered shareholders. If you need to change your address, view current holdings, or obtain a stock certificate, please contact Transfer Online at (503) 227-2950 and/or visit their website at https://www.transferonline.com.
You can contact CFGX’s Investor Relations at [email protected].
3. Line of Credit
A business line of credit gives you the ability to access funding when you want, up to your credit limit. And unlike a traditional cash flow loan or merchant cash advance that is one-time, Capital Financial Global’s Flex Credit is “revolving credit.” This means that as you repay back your outstanding funds your available credit replenishes, and you can draw additional funds again as you like.
A typical merchant cash advance is an advance on your credit card transactions, and you must re-apply every time you want new funds. A Capital Financial Global business line of credit doesn’t require credit card transactions, and you can draw funds as often as you like (up to your credit limit).
To meet the minimum requirements for our Line of Credit, your business must have been in operation for at least 6 months, have a personal credit score of 600 or more, and your business must generate at least $100,000 in annual revenue.
Due to regulations, we also cannot provide lines of credit to the following states:
- North Dakota
- South Dakota
- Vermont
If you don’t meet our Line of Credit requirements, you may be eligible for Invoice Factoring, which allows you to get a cash advance based on your outstanding invoices.
After approval, simply go into your dashboard, and click the “Get funds now” button. That’s it!
On your first draw, you can draw anywhere between $5,000 and an amount less than or equal to your available credit. On any additional draws, you can draw anywhere between $500 and an amount less than or equal to your available credit.
Capital Financial Global’s Flex Credit lines currently range from $5,000-$250,000.
As quickly as a few hours once approved. With Capital Financial Global you can choose between ACH electronic transfers or bank wire transfers. ACH transfers are free and the funds usually appear the next business day (but may take up to three). A bank wire costs $15 per wire and funds are typically available in your bank account the same day.
Weekly repayments are automatically debited from your bank account. As long as you have sufficient money in your bank account, you never have to worry about missing a payment.
As you repay a draw, the principal portion (i.e. not fees) of your payment is added back to your available credit. For example, if your weekly payment is $150 and your fees that week are $10, then after your repayment your available credit will go back up by $140.
Our invoice factoring credit lines go up to $5,000,000. We are also always looking for ways to grow with our clients; if your needs are different, contact us for a custom quote.
