MacroAir and CProfit of Southern California - Strategic Partnership

19. July 2010  by James Penny

cprofit macroair southcaliMacroAir Technologies (“MacroAir”) has announced its association with Compound Profit of Southern California; MacroAir will collaborate with Compound Profit of Southern California, offering CProfit’s ProntoLease program to finance its HVLS products.

Compound Profit of Southern California will offer inexpensive financing for all the companies that want to leverage the benefits of MacroAir Technologies’ products, allowing them to keep their available money for other uses.

Founded by Walter Boyd, who has invented the HVLS technology and being a family-owned business since its inception in 1995, MacroAir combines intelligent technology and a unique approach to physics, in order to produce fans that can be used in industrial, commercial, agricultural buildings or in farms. 

According to James Penny, CEO and founder of Compound Profit, we are “…Dedicated to Invoking Seismic Expansion in the Wealth and Success of Small Businesses…”. These words are true, since Compound Profit is the #1 brand in alternate financing.

George Douvas and Rajesh Gupta formed Compound Profit of Southern California in January 2010. Combined both George and Rajesh have over 40 years of business experience. Compound Profit of Southern California provides working capital solutions such as equipment financing, factoring (account receivable financing), purchase order / trade financing, commercial real estate financing, merchant cash advance, collection services and many more.

MacroAir’s association with Compound Profit of Southern California allows MacroAir to provide payment plan options to customers, enabling them to finance complete orders, while providing money-saving benefits to MacroAir customers.

For more information about Compound Profit of Southern California, please visit http://www.cprofitofsoutherncalifornia.com.

George Douvas, CEO and Managing Partner
Compound Profit of Southern California
(714) 585-5718
gdouvas@cprofit.com

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Factoring helps win contract with City of Omaha - by Dennis O'Connell

6. July 2010  by James Penny

factoringCompound Profit's purchase order factoring recently helped a small, minority-owned construction company win a major contract with the City of Omaha.  Dennis O’Connell, Regional Director for Nebraska and Iowa, says “Our financing solution allowed the construction company to show the City that they had the funds to meet their supplier obligations along with payroll requirements”. 

The contractor chose Compound Profit because of the hands-on relationship and trust we were able to build along with our local presence.  Additionally, our understanding of the construction trade and the requirements for getting funding, our ability to work closely with bonding companies and to be very competitive from a pricing perspective allowed us to create a winning team.

Factoring is the purchase of some or all of the valid Accounts Receivables for goods and services that have been completed in business to business, or business to government transactions, at a discount. In many ways, factoring (also known as Accounts Receivable Funding) is similar to improving your working capital cash-flow by offering your customers a cash discount for paying their invoices more quickly.

So why would anyone want to using factoring? Because it will allow you to grow your business and allow you to accept contracts that you normally couldn't fund because you don't have the cash reserves to make payroll or purchase the needed equipment or supplies.

As shown in the above example, using factoring we helped a small business in Omaha win a major contract and fulfill their dream to grow and prosper.

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