Subsequent to the recent global financial crash, now more than ever companies are placing a higher value on liquidity and access to capital. During the crash, many companies ceased trading and declared bankruptcy as they did not possess the funds to survive. With global companies now placing a strong emphasis on remaining liquid and maintaining access to capital, identifying options to secure capital has never been more important.
Securing credit and capital from commercial banks has become extremely difficult, with increased scrutiny and a number of criteria having to be satisfied due to banks tightening their requirements to remain safe from economic volatility. Should a credit rating not meet their requirements, or should an entity or individual not satisfy any number of criteria, banks typically refuse with no room for negotiation or subjectivity. This means that many have to secure financing from sources other than banking and financial institutions.
The source of finance is often determined by a multitude of factors, such as the industry of operations, assets held, company specifications and performance.
Other than the options for raising capital previously covered (equity financing, secured and unsecured debt), Worldwide Financing Group also offer clients capital solution services such as: