Palo Alto, CA Nov 30, 2016 – Payplant announced today that it recently closed a $120K financing deal for a Phoenix-based software company that is a specialist in creating innovative workflow solutions. “Given the established relationship with their large customer we were able to offer incredibly competitive rates. Our client is now able to accept larger contracts and is able to grow the business without the stress of precisely matching customer receipt with payroll and other payments,” said Neerav Berry, CEO & Co-founder of Payplant.
Payplant provides growth financing for entrepreneurs, by entrepreneurs. Its Pay Me NowTM digital invoice-financing service provides cash to businesses when their customers pay too slowly. Payplant helps businesses with PO and Invoice Financing, Asset Based Lending, Term Loans and Customer Financing products. Payplant works with companies that don’t currently qualify for traditional bank financing, have grown too quickly for their current lender or are at the point in their evolution where an influx of working capital can elevate their business to achieve rapid growth. Payplant delivers fast and reliable funding, at very attractive rates and is completely on demand. For more information, visit www.payplant.com.