Our Receivable Financing Programs allow you to sell accounts receivables to a lender (factoring agent) for a cash advance upon invoicing.
The process is that you will receive an advance of up to 85% on the invoiced amount within 24-48 hours. The balance (minus fees) is paid when the invoice is collected by the agent. There is no recourse required on your part once the invoice is sold to the agent and very seldom requires a personal guarantee on your part.
- Your credit line grows as your business grows
- No Restriction on the use of funds
- No New debt is created
- You are always in control of your cash flow
- Can increase profitability by negotiating better supplier terms
- Improves credit rating
- Allows your company to bid on higher contracts
To learn more about receivable financing please contact us. |
