Data storage company uses technology finance to fund the purchase of new servers
"We needed to update our equipment, CFP made sure we had the funding to do it."
Data Storage Company
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Technology Finance

Technology Finance is for companies that have developed products or services that are being sold in the market place, however, require working capital to expand production and sales. Technology Finance can be used to pay suppliers to get production started or to pay manufacturers for goods that are ready to ship. In many cases funding is based on purchase orders from credit worthy customers, however, qualified companies can benefit from in-transit inventory financing as well.

The most common types of technology funding are:

The type of Technology Finance that is available to a company will largely depend on the company's sales history and purchase orders on hand from credit worthy customers. The amount of returns that a product has experienced will be one of the main factors in determining how much funding can be provided against sales.

While Technology Finance is not available to develop new products, it can be used for companies that have had initial success in bringing products to market. Many companies use Technology Finance to help build up sales while they prepare for the equity financing stages. Technology Finance is a great way to build value for a new product without diluting equity.

While there are several forms of Technology Finance available, each has its positives and negatives. In many cases more than one form of financing can be used to generate capital. Choosing the right working capital facility with the right lender can make all the difference.

Call us today at 561-299-1609 to discuss your Technology Finance options.

Education company uses technology finance to implement tablet usage in public schools.

Education Products Distributor

$2,750,000 Technology Finance

Component manufacturer uses technolgy finance to cover cost of production.

Component Manufacturer

$500,000 Technology Finance