CAPITAL AND CASH FLOW PROGRAM
Turn Your Outstanding Invoices into Cash
Capital & Cash Flow Program is the fastest and easiest way for small and medium businesses to get paid on their customer invoices and eliminate the uncertainty of when you will get paid.
Forget having to wait 30, 60, or even 120 days to get paid for the work you've already done.
Sign up to get early access to the program.
Take Control of Your Cash Flow
Break free from waiting for payment
STEADY CASH FLOW
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Once you upload and sell the invoice you'll receive payment in less than week.
TIME SAVINGS
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Selling your unpaid invoices frees up the administrative tasks in your business.
BUILD CREDIT & IMPROVE
YOUR BALANCE SHEET
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Let us help you estimate your cost of capital to improve project planning.
GROWTH OPPORTUNITIES
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It's now possible to reinvest and expand your business operations.
How It Works?
We've created a platform that lets you sell your outstanding invoices and gets you paid immediately*.
No hassle and no fuss.
1. Sell Us Your Invoices
Submit unpaid invoices.
2. Access Cash
Receive your cash in advance.
3. Invest Immediately
Improve your cash flow and invest in growth.
4. Repay with Ease
Pay us back when your customer pays you.
*After confirming you have a contract or purchase order.
Leveling the Playing Field
In response to the ongoing impact of COVID-19, we're providing affordable working capital finance to clients who recently performed business with City of Detroit suppliers, select city agencies, or are Certified MBE/WBE/DBE firms with the State of Michigan. The Capital & Cash Flow Program helps clients improve cash flow, purchase inventory, hire staff, invest in growth, and more importantly, stay in the game.
FAQ
Your Questions, Answered.
What is Invoice Financing?
Invoice finance is a process where businesses sell their outstanding invoices to receive immediate payment from third parties, but in this case, it's ProFinCo. This gives your business the opportunity to get cash immediately instead of waiting for client payments terms to mature.
Who is eligible?
The program is only available to City of Detroit suppliers and select city agencies at this time. If you are eligible, you can get early access to the program starting March 31, 2022.
What invoices can I submit?
Invoices with the City of Detroit and select city agencies can be submitted to receive early payment.
Eligible invoices are those that have been approved in the City of Detroit's payment in the City of Detroit's Oracle System
CITY OF DETROIT
DETROIT GENERAL SERVICES DIVISION
DETROIT DEPARTMENT OF TRANSPORTATION
DETROIT PLANNING & REVITALIZATION
DETROIT BUILDING AUTHORITY
Please check back again as this initiative will expand state, and nationwide, in the future.
A Bridges to Capital Initiative of the Black Caucus Foundation of Michigan
The Capital & Cash Flow Program is made possible through technology powered by Crowdz, creators of the Crowdz Receivables Marketplace.
All transactions are voluntary.
Capital & Cash Flow Program is not making representation on the tax consequences of the transaction. Please contact your tax advisor for guidance.
The AR transactions conducted on this platform are unaffiliated with the client engagements, transactions, and deliverables provided to ProFinCo.
To contact ProFinCo about this program, email support@capitalandcashflow.com
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