Accounts Receivable Financing
Accounts Receivable Financing fronts you cash immediately for your invoices. Accounts receivable financing or invoice factoring is the fastest and easiest way to raise immediate cash for your company. When you use our accounts receivable financing program we send you cash when you issue your invoice. The process significantly speeds up your cash flow and frees up working capital faster. If you want to stop being your customer’s bank then talk to one of our accounts receivable financing reps and let them show you how to get started. Our accounts receivable financing is some of the most competitive pricing around.
What is Accounts Receivable Financing?
Accounts receivable financing or invoice factoring is a method of financing which converts your sales (invoices) into immediate cash. In today’s tight credit environment many companies are delaying paying their invoices as long as possible so that they can preserve their cash. This delay many times however can put you in a cash bind. Accounts receivable financing addresses this situation by paying you the next day for your invoices.
How does Accounts Receivable Financing work?
Once your company is signed up to do accounts receivable financing you can pick and choose the invoices you wish to finance or you can choose to finance them all – your choice. When you choose to finance or factor an invoice you fax us a copy and the next day 70-90% of the funds will be electronically deposited into your account. When we receive the remainder of the funds they will be wired to you less our small discount fee.
Your discount fee and funding percentage are determined at the time of sign up so you know precisely how much and when you will be paid. See factoring costs
The Benefits Of Accounts Receivable Financing
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Accounts receivable financing is easy to set up and easy to use! Speak to an accounts receivable financing rep today: 888-581-5990
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