|Description:||Compound Profit brings a portfolio of products to help businesses grow their bottom line. We work closely with banks, CPAs, financial advisors and others to bring solutions that complement their strengths and help businesses grow.|
We provide working capital by factoring accounts receivables or credit cards. The capital can then be used to finance payroll, current operations or provide a revenue stream for new projects that act positively on the bottom line.
We provide leasing starting at $500 and go up from there. We have leases designed for small business with good and challenged credit. We also provide leasing to municipalities. Finally, we provide a technology rotation lease, for PCs, laptops and servers, that allows companies to maintain leading edge technology typically at a price point below their normal purchase price.
Our Digital Marketing solutions sit on top of a business’s website and are designed to highlight their strengths. Solutions like web books, page stacking, customer testimonials and videos can emphasize a company’s unique capabilities in such a way that customers want to purchase the company’s products.
Our Collection Services help companies collect the money they are owed. We have a dedicated staff that can take the soft, gentle method of collections or can be more aggressive based on the desires of our customer.
Finally, we teach small businesses how they can establish commercial credit through our Commercial Credit Builder program. This is an 18 month program that walks businesses through the various steps of building commercial credit, allowing them to separate their business decisions from their personal life.
Compound Profit has many success stories of helping small businesses grow and survive. One nurse staffing company came to Compound Profit at a time when the owner thought she would have to close the doors due to a lack of capital to make payroll. The business was in the early stages as a startup and the business owner’s FICO was about 480 which prohibited the company from obtaining bank financing. Compound Profit provided the financing needed to not only meet immediate payroll but to also increase the company’s revenue to over $250,000 per month over the next 2 ½ years. In addition, Compound Profit coached the business owner, helped her build commercial credit and to become credit worthy enough to obtain a $250,000 line of credit from the bank. Through receivables financing, Compound Profit was able to help them grow into a very successful company.
Founding President James Penny says, “Our mission is to help small companies across America, ‘Compound Profit’, by providing them working capital, equipment financing, and powerful marketing tools to grow their business. We don’t compete with banks; we work alongside them to help them keep their good business customers that may not qualify for a loan. I like to say we help companies in their pre-banking phase of life.” Compound Profit’s team has decades of experience providing working capital solutions to small business.
With these products and with our many years of experience in business, we can provide solutions that drive additional revenue to the bottom line and help businesses Compound their Profits.
Thanks for the opportunity to help you grow your business.