Accounts Receivable Financing (Factoring)

Do you offer any other financing options besides traditional loans?

Through our trusted partner, we bridge the uncomfortable gap in accounts receivable (AR) by giving you advanced cash on outstanding invoices where you would otherwise need to wait 30, 60, 90 days or longer. Great for both large corporations with big cash demands and rapid-growth start-ups with limited credit history or capital, Accounts Receivable Financing (Factoring) gives you the instant cash you need to redeploy and take advantage of ongoing business opportunities.

Benefits

  • Access working capital within 48 hours
  • Maintain steady cash flow
  • Fund upcoming business opportunities
  • Pay suppliers upfront for better buying terms
  • Not considered a loan, therefore doesn’t add debt to your balance sheet

Determine if Accounts Receivable Financing is right for your business:

 

Accounts Receivable Financing  Overview

Overview

  • Small or new businesses in the process of refinancing loans; expanding operations; involved in mergers, acquisitions, MBOs/MBIs; or having difficulty qualifying for traditional business loans

  • Large corporations needing large amounts of working capital

  • Businesses of all sizes waiting on multiple receivables with lengthy terms

Industries served

  • Manufacturing

  • Distribution

  • Oil & gas

  • Staffing agencies

  • Service sector

Advance rates for AR
Funds are awarded based the following risk factors:

  • Credit worthiness of invoiced party

  • Credit worthiness of customer

  • Value of invoice

Bottom Line

  • Funding within 48 hours

  • $50K–$10M per month

  • 1–3% fees


  • ASSET-BASED FINANCING

    Waiting on AR payment but need cash now?

    Asset-based financing gives big corporations with large cash requirements and new businesses with little credit history immediate working capital based on assets (inventory, equipment, etc.) or future income from receivables. Most of the funds are advanced within 48 hours in exchange for the fixed asset or account receivables. Upon receipt of the invoice, you receive the remaining balance after fees.

    Common Collateral

    • Receivables
    • Inventory
    • Equipment
    • Other fixed assets
  • PURCHASE ORDER FINANCING

    Negotiate better terms with your suppliers by paying upfront.

    Purchase Order Financing, or Accounts Payable Financing, is a specific type of Asset-Based Financing that allows buyers to access cash needed to buy outright—often at a better rate. This is a short-term, commercial financing option that gives businesses more flexibility without forcing them to draw from current lines of credit or loans.

  • CREDIT INSURANCE

    Credit Insurance protects businesses against non-payment due to slow payment or even in cases of bankruptcy on your customer’s end.

    In addition, it gives businesses instant access to customer history and insights, so you can evaluate risk and set proper terms. Confidently cross over to new markets and take on new customers knowing your accounts receivable are insured.

    TIP: By pairing a Line of Credit secured by accounts receivable with your Credit Insurance, you can enhance eligible accounts receivable and make more funds available under the Line of Credit.

    Top 10 Reasons to Have Credit Insurance

    1. Protection
    2. Peace of Mind
    3. Funding
    4. Profitability
    5. Growth
    6. Confidence
    7. Cash Flow
    8. Information
    9. Competitiveness
    10. Speed

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