Accounts Receivable
Financing
Unlock the
Cash Tied Up in Your Receivables
Accounts
Receivable Financing can prove to be a very useful resource for
the most small, non-retail businesses who sell their goods
and/or services to medium and large-sized businesses. Their
clients invariably require these small business vendors to
submit invoices for payment, usually bearing Net-30 day or
longer terms. Therefore, in truth, small businesses provide
financing to their large business/governmental agency customers.
The small businesses, in turn are left with limited cash flow
during that period.
Here are some key advantages of using
Accounts Receivable Financing:
Eliminate bad debt:
Our financing partners will assume the risk of bad debt, thus
eliminating this expense from the business' income statement.
Invoice processing:
We handle much of the work associated with processing invoices,
including posting invoices, depositing checks, entering payments
and producing regular computer reports.
More funds for your business:
Accounts Receivable Financing is
the only source of financing that grows with your sales. As
sales increase, more money becomes immediately available. This
allows your business to constantly be able to meet increasing
demand.
Take advantage of early payment
discounts and volume discounts:
If you can save 2 - 5% of your
raw materials cost because you have the cash to pay within ten
days, in addition to volume purchasing, you significantly reduce
the true cost of factoring.
Stop offering early payment
discounts to your clients:
Since you receive your money immediately, you don't need to
offer early payment discounts. Factoring will save every dollar
in discounts that your clients were taking.
Don't incur any additional debt:
Invoice Factoring is not a loan and therefore your business is
not incurring any additional debt.
Cash
in 24 Hours
We
Finance Any Type of Business
No
Recourse Even if the Account Does Not Pay
