Palo Alto, CA Jan 30, 2017 – A marketing company recently added to Payplant’s portfolio was able to build on and increase their business with Geico after using Payplant to finance 90 day invoices so they could get money upfront to grow a long-term relationship with the large insurance company. Given the solid name recognition and financial standing of Geico, Payplant was able to offer their best terms. “Payplant allows us to come to them for AR Financing when we need it and they don’t require us to meet monthly minimums” says the marketing company’s CEO. “This really works for us on those occasions when we need a quick injection of working capital.”
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.