President, Marathon Financial Factoring Services – – Why wait for your invoices to pay?
Here’s how Factoring works:
Step 1: Send Invoices
Send invoices of your choice for funding.
Step 2: Receive Funding
Marathon completes a credit review of your customers, confirms completion of work, and funds you immediately.
Step 3: Customer Payment
Upon receiving the payment from your customers, we will pay off the portion advanced and rebate the balance to you.
Every business owner is concerned about their cash flow because they never really know when they will get paid. This creates unnecessary stress and potential exposure if they cannot complete their work in a timely manner losing future contracts. Manufactures may have new orders to fill but not the cash flow necessary to purchase materials to finish the job.
Marathon gives businesses an advance on their outstanding invoices before they are actually paid. We have worked with many machine shop owners who typically have large payrolls to meet while they wait for payment. When they get an advance on their 30-60-90 day old invoices they can meet payroll, take advantage of new orders and increase profits.
Marathon provides cash flow for manufacturers, machine shop owners, staffing companies, event planners, and services companies that are known to have untimely gaps in their cash flow due to their high labor demands. Business owners understand that obtaining short-term cash flow help at the right time improves their ability to look stronger to their customers and increases their profits by turning over their business more times per year. This reduces business owner’s stress levels and creates more time to focus on their core business.
Marathon is looking to fund any business owner that has invoices from reputable customers in manufacturing and service related industries. We also work directly with many banks, credit unions, and larger factors to help fund their clients that they are not comfortable funding due to size, profitability, or time in business. If your creditworthy customers are paying slower than you can afford to wait, don’t risk missing payroll or delay paying your bills, call me at 818-715-0571 or email email@example.com so you can get the funds you need today at an affordable rate.
California Licensed Lender #603-8453
How to Get the Financing for Your New Small Business
Authors: Howard Nevins, Sharon Fullen
Innovative solutions from the experts who do it every day. Provides a comprehensive analysis of common – as well as uncommon-financing options available to small business owners. This book creates awareness so entrepreneurs can make educated decisions early, to avoid unwanted surprises later.
President at Marathon Financial Factoring Services (800) 647- 0850
July 1998 – Present (18 years 9 months)
Growing up, my father owned a carpet warehouse business, which installed and sold carpeting to cash strapped business owners. A world where everyone knew everyone else, and doing what you say you are going to do was everything. I learned that the best advertising was to look people in the eye, listen well and treat people right. I saw business owners survive by juggling to manage their cash flow always “borrowing from Peter to pay Paul” was constantly distracting them from their core business of servicing their clients.
I started my career selling apartment buildings eventually becoming a general contractor. When the construction market collapsed, I reinvented myself and was hired to acquire various cash flow vehicles from trust deed to lottery payments to injury settlements. I thought this was fascinating and it sure made sense to me. Locate and secure cash flow assets that guarantee a return over time. I soon realized these income streams were not regulated, not secured, and very risky.
When I learned about factoring invoices secured by credit worthy customers, I knew I could significantly help business owners grow their business and secure my investors. This was very exciting. I learned I could not compete with most factors as they financed large corporate receivables BUT If I could develop an affordable simple funding program with minimum qualifying, which funded in 48 hours, then smaller business owner could take advantage of our service.
Factoring enables you to obtain an advance on your outstanding invoices before they are actually paid. A factor can provide an immediate cash flow solution to help you meet timely payroll demands.
Marathon Financial started in 2005 to fulfill the cash flow needs of local business owners. Today, we serve hundreds of businesses nationwide by creating successful relationships one business owner at a time. Let us design a policy that works for you, call us at 800-647-0850 or e-mail firstname.lastname@example.org.
BA, Finance and Marketing, 1972 – 1976
Creative business ideas, alternative financing, Boston Marathon Qualifier 9 times, marathon training, golf,
fishing, backpacking, mountaineering, traveling with my wife, and a good joke.
Big Brother at Jewish Big Brothers Big Sisters of Los Angeles
February 2013 – Present
California Finance Lender Licensed since 2005
California State Dept Of Corp License 603-8453 June 2005
California Real Estate Broker
CALIFORNIA ASSOCIATION OF REALTORS® License 00669961 March 1979
California General Contractors License
Contractors State License Board License 522051 August 1980
Jewish Big Brothers of Los Angeles
July 2013 to Present
Skills & Expertise
Asset Based Lending
Mergers & Acquisitions
Cash Flow Forecasting
Purchase Order Funding
Real Estate Development
New Business Development
Small Business Lending
Cash Flow Lending
Cash Flow Management
Time Value of Money
Small Business Marketing
2 person has recommended Howard
“Marathon Financial is a KEY resource for the small business. As a growing small business we have not choked and lost consciousness due to the 30-90 day cycles in payment from clients with the help of Marathon Financial. Howard Nevins truly understands the intricacies of finance and will guide your organization through to dry land and help your team stay strong with clients. I can’t say enough good things about Marathon Financial and Howard Nevins. “
— Corey Terry, President/CEO, Rock & Associates, was Howard’s client
“I have referred several clients to Howard and Marathon Financial for small business (accounts receivable) factoring services and they have always performed. Howard is the best at what he does and I would highly recommend Howard Nevins and Marathon Financial for all of your small business factoring needs.”
— Tim Mc Phillips, Market Area Manager, Prospect Mortgage, LLC, was with another company when working with Howard at Marathon Financial Factoring Services (800) 647- 0850