DOES YOUR BUSINESS NEED FUNDS? PAYROLL? WORKING CAPITAL? EXPANDING?
Account Receivable Financing
Our Account Receivable Financing program is great for any B2B business who has outstanding account receivables that they would like to be quickly converted into cash.
Many businesses wait weeks, even months to get paid on their outstanding account receivables. This typically creates major cash-flow issues as they provide their goods and services and absorb those costs until they eventually get paid sometimes 90 days later.
With our Account Receivable Financing you can regularly secure money against your receivables in as little as 24 hours.
To qualify for AR Financing your business must be open for at least 12 months, while you can be approved for Purchase Order Financing even as a brand new business. The lender will review your existing receivables or purchase orders, and will look into the company that your receivables are with.
Once approved you can then receive funding up to 80% of your existing receivables. Medical and construction receivables can also qualify for this financing program with us.
The lender truly doesn’t care about your personal credit qualify. So even if you have horrible personal credit, if you have good receivables or purchase orders you can still be approved.
This program is amazing for anyone who has outstanding receivables. You can obtain funding borrowing against your existing receivables and receive money within 24 hours versus waiting months to get paid.
This can help significantly ease your cash-flow restraints, and more easily build an even more profitable business.
WHY SHOULD YOU CONSIDER ACCOUNTS
RECIEVABLE FINANCING TO HELP WITH CASH FLOW
#1: UNLIMITED CAPITAL – Accounts receivable financing (factoring) is the only source of financing that grows proportionally with your sales, enabling you to consistently meet increasing cash flow demands.
#2: FACTORING IS FAST AND EASY – Approval and initial funding can be as quick as 72 hours. Ongoing funding is typically within 24 hours.
#3: FACTORING HELPS BUILD BUSINESS CREDIT – When you have adequate cash flow and pay your bills on time, you establish or improve your credit rating.
#4: RETAIN YOUR EQUITY – You keep control and ownership of your company without necessarily incurring additional debt.
#5: DETAILED MANAGEMENT REPORTS – We can help you manage your accounts receivable by providing detailed reports on the status of your receivables to help you better manage your business and cash flow.
#6: LEVERAGE YOUR EXPERTISE – We’ve worked with hundreds of businesses and we share our expertise with you.
#7: NO DEBT TO REPAY – Factoring isn’t a loan, so you don’t incur debt when factoring invoices.
#8: ENHANCE YOUR PURCHASING POWER – We can provide the cash flow to make sure you can pay your workers and grow your business.
Industries Served:
- Transportation * Engineering/Consulting * Construction Subcontractors * Waste Disposal * Temporary Staffing * Oil & Gas * Distribution * Food & Beverage * Telecom * Manufacturing * Small B2B Businesses