Accounts receivable financing
With accounts receivable financing, you can accelerate and increase your company's cash flow by converting your business-to-business accounts receivable to cash. You receive cash quickly, with funds typically advanced 48 hours after invoices are purchased.
Our accounts receivable financing programs are ideal for companies that have annual sales of $150 million or more in a variety of industries, including staffing, government contracting, manufacturing, wholesale, distribution, trucking/transportation and service. Our customers typically use capital to support:
- Expansion or growth
- New products or services
- Mergers and acquisitions
- Restructuring
- Seasonal sales
- Start-up business costs
- Buyouts
- High leverage
- Turnaround
- Payroll and tax obligations
- Bankruptcy situations
In addition to speeding up cash flow, accounts receivable financing can also provide you:
- Competitive pricing, with advance rates up to 90% of invoice amounts
- Personalized service from a team committed to your success
- A continuous source of capital that can grow as your business grows
- Online reporting available 24 hours a day, 7 days a week, which can simplify both bookkeeping and tracking account debtors
- Creative solutions that can include balance sheet clean ups, bulk purchases and concentration carve-out facilities