Steve Hedin's Contact Details

Steve Hedin's Company Details

Laguna Commercial Capital

, , • 1 - 10 Employees
Financial Services

Laguna Commercial Capital (LCC) is a finance company helping other companies improve their cash flow by purchasing their accounts receivable at a discount. This provides the company with cash now for use in operating their business, rather than waiting 30, 60, 90 days or more to collect on those receivables. LCC specializes in medical accounts receivable, and is one of the few companies providing this service on a national basis. LCC also helps companies improve their business volume and profitability by providing purchase order financing. For example, a customer places a $250,000 which requires the company to make a $175,000 purchase from their supplier in China. If the company does not have the $175,000 and their bank won't finance it, the order cannot be accepted and the company loses $75,000 in profit. However, by utilizing purchase order financing from LCC, the company accepts the order and makes the $75,000 profit minus LCC's finance fee. Laguna Commercial Capital is located in Laguna Beach, CA and provides financing on a national basis.