Account Receivable Factoring
Financial inflow is a essential part of running a business. It can become frustrating when your company’s cash flow is unable to cover your operating expenses. This problem is common for many business owners who operate successful companies but run into cash flow problems from time to time.
Account Receivable Factoring provides any business with the necessary capital and cash flow to operate and run day to day operations. A factoring loan assists your business to grow by injecting working capital without creating debt or adding an equity partner.
A Factoring Company, Bank or Lender will purchase accounts receivable (invoices). Factoring is not a business loan, it means selling your invoices at a discount for instantaneous cash. The factor then takes on the risk of collecting the money owed by clients and provides your company with advance funds. The advance rate can range from 80% to as much as 95% depending on the industry, customer’s credit histories and other criteria.
We have various options – recourse and non-recourse to secure account receivables financing that may be available for you. We make the process of matching business factoring providers with companies in need of fast working capital seamless. Our fast and streamlined application process, with no long term contract can deliver the fund to take your business to the next level.