Solve Cash Flow Needs
One of the most convenient and flexible financing options available, Account Receivable (A/R) Financing is an ideal solution for your short-term cash flow needs.
Accounts Receivable Financing is an asset-based financing arrangement in which companies use their receivables (house accounts) as collateral in exchange for cash. A minimum of $50,000 to a maximum of $1,500,000 is available.
Accounts Receivable Financing is a means for clients to accelerate cash flow by financing their open invoices. Clients receive cash in advance of payments due from their customers, typically within 30, 60 or 90 days, providing needed capital to meet operational overhead.
- Working capital purposes
- Meeting payroll needs
- To take advantage of trade discounts
- To extend credit to customers
- To fuel business growth
- To pay taxes
- Advances up to 90% of the invoice amount
- Greater flexibility than conventional financing
- Close within two weeks of application
- Flexible source of cash when you need it
- No need to wait 30, 60, or 90 days for payment from your customers
- Funding ranging in size from $50,000 to $1.5 million, or higher with participation.
- Less rigorous underwriting and a quicker turnaround time compared with conventional financing.
- Receive funding in as little as two weeks
Continuous Source of Operating Capital
- Unlike other types of financing, A/R Financing focuses on your sales, not your balance sheet. As sales increase, more working capital becomes available to meet the demands of operating your business. A/R Financing provides a continuous, long-term source of funds on a short-term basis
Early Payments Discounts
- A/R Financing can provide you with the funds necessary to pay suppliers early and receive discounts
No debt
- Because A/R Financing is not a loan, no debt is incurred which makes it easier to obtain other types of financing
Better Credit
- A/R Financing allows you to pay taxes and bills on time. by establishing a good credit rating, you may qualify for better terms from suppliers and on loans
Quick and Easy Funding
- The A/R Financing application process typically takes less time and effort than other forms of financing
Additional Benefits
- Flexible source of cash when you need it
- No need to wait 30, 60, or 90 days for payment from your customers
- Funding ranging in size from $50,000 to $1.5 million, or higher with participation
- Less rigorous underwriting and a quicker turnaround time compared with conventional financing
- Receive funding in as little as two weeks
