Is Accounts Receivable Financing right for me?

Turn your invoices into money!

A/R financing (AKE: Accounts Receivable, Invoice Factoring) allows the business owner to receive capital in the event you are owed money for services completed.

Simply put…

Accounts Receivables Financing advances you cash in turn for your  business’s outstanding invoices.
This gives you money now to put back into your business versus waiting 30, 60, 90 or even 120 days for your clients to pay you.
It also saves you the hassle of having to collect the payments, risk of losing a client or having
to hire someone to collect payments for you. With invoice financing, you can get a quick
advance of approximately 85% of  your invoice’s value, with up to 13% of the remaining amount paid to you later.
Truly the best solution in dealing with late paying customers or cash flow slowdowns.

Benefits

  • Typically lower interest rates
  • Time savings for collecting A/R
  • Doesn’t require any collateral

Qualifying

The credit rating of your client is key in determining eligibility for this type of loan.  Your credit rating is rarely factored in. The job or service you’re providing must be fully completed and make sure you have a business record.

What is Accounts Receivable Financing?

A/R financing (factoring) is the selling of purchase orders or accounts receivables for cash now. This type of financing allows the business owner to receive capital in the event you are owed money for services completed.

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