Archive for the ‘Company News’ Category

The Far West Capital Difference

Monday, April 7th, 2008

Some working capital finance companies (and commercial finance companies in general) use phrases like “service with a difference” and “a different kind of company” … but then they fail to explain what makes them so different.

We would like to offer you a refreshing change of pace by explaining what, exactly, makes Far West Capital different from other commercial finance companies:

  • We customize the relationship for each individual company. We offer a Non-Notification Factoring product, which means the accounts receivable we are buying [i.e., your customers] are unaware Far West is involved. This is less intrusive to your business. More benefits of A/R financing.
  • On the other end of that spectrum, we can provide full-service factoring, whereby Far West Capital sends invoices, makes collection calls, and handles all credit decisions for you. We do not have a “cookie cutter” deal, we listen and shape the product specifically for the client’s needs.
  • We can offer inventory financing along with a factoring deal.
  • We can offer purchase order financing along with a factoring deal.
  • Customer Service is our most important strategic focus. We encourage anyone looking for this type of working capital to do their homework when choosing a provider. If you cannot get a long list of satisfied clients to speak with, then you should ask yourself “why” you are doing business with this Factor. We can provide anyone who asks with a long list of current and past satisfied clients.
  • You have direct access to decision makers. We do not shuffle you to inexperienced “business development” personnel. Your account will be handled by experienced professionals capable of structuring and negotiating your deal directly. This increases the speed and efficiency of getting your deal done and will make you more confident about the relationship from start to finish.

If you are in need of working capital finance services, and you’d like to experience a true difference in service, please contact us today.

New Offices in El Paso and Richardson, Texas

Thursday, March 13th, 2008

The factoring services we provide can serve many different types of businesses. This is part of the reason we had to open two new offices recently, one in El Paso and the other in Richardson, Texas.

The Richardson office will serve the entire Dallas / Fort Worth area, and will be managed by Brian Center (see staff page). Jodie Rodgers will be managing the El Paso office.

With that being said, please keep in mind that we still serve businesses all across the United States. If you operate an accounts receivable type of business model, and you think you could benefit from the working capital finance services we provide, please contact us today!

More company news

The Ripple Effect of Business Financing

Monday, March 3rd, 2008

We have created an e-booklet that explains the financial ripple effect that started last year, with the rapid rise of home foreclosures. As you are probably well aware, this still-ongoing crisis spread to the world of business credit as well.

But you may not be aware of how, exactly, the crisis has affected business owners — mainly in terms of limiting finance / credit options for business owners. That’s why we have created this special report, to explain what all of this means to businesses that are actively seeking financing for their continued growth.

An excerpt:

Businesses have fewer options today when seeking financing, thanks largely to the ripple effect we have just discussed. But there are options, and as a modern business owner it’s important that you understand what they are. Most of the “off balance sheet” financing vehicles for banks have all but dried up. Banks that previously could “unload” risk by selling off the loans they made can no longer do so under the same terms, if at all. Thus, they are going to have to make loans the old fashioned way, by underwriting a loan as if it were going to stay on their books.

Get Your Copy Today

This is an electronic publication that comes in PDF format, and you can download your copy today. If you haven’t done so already, just sign up for our working capital newsletter.

Not only will you get useful finance information sent to you by email each month, but you’ll also be able to download The Ripple Effect (our e-booklet) after signing up for the newsletter (a download link will be sent to you automatically after subscribing).

Working Capital News and Notes - Our Newsletter

Friday, November 16th, 2007

Just a quick post to announce the latest addition to our website. We have launched an email newsletter to help keep our customers (and potential customers) informed on new products, services and the like offered by Far West Capital.

We will also be publishing plenty of helpful information through the newsletter, such as business finance tips, lessons on working capital, and more.

If you’d like to sign up for the working capital newsletter, you can do so right here. It’s quick and easy. Just enter your name and email address … that’s it.

This newsletter will help you understand the many ways that working capital financing can help you grow your business, so sign up today!

Introducing the Working Capital Blog

Monday, July 16th, 2007

Today is a milestone for Far West Capital. We have officially launched our Working Capital Blog, and this marks the first of many blog posts on the subject of working capital finance, small business financing and similar topics.

What the Purpose?
We will use this blog to educate customers and non-customers alike on all aspects of working capital financing, accounts receivable financing, and other types of small business financing. We will also provide a variety of tips on business success in general.

Why Read It?
Any business interested in working capital financing (or the other financing topics mentioned above) can benefit from reading our blog. We will publish new information, articles and tips at least twice a week. So if these topics are near and dear to the financial success of your business … be sure to bookmark the blog’s main page.

Leave a Comment
If you have a comment or question about something you read on this blog, just use the “Comments” box directly below that particular blog post. You may also contact us directly via the phone number or email address on our Contact page.

We hope this blog helps you in your quest to understand the world of working capital finance. Enjoy!