This program can help significantly ease cash-flow restraints, and more easily build an even more profitable business. The Accounts Receivable Financing program is great for any business who has outstanding account receivables of $50,000 or more that they would like to be quickly converted into cash.
Many businesses wait weeks, even months to get paid on their outstanding account receivables. This typically creates major cash-flow issues as they provide their goods and services and absorb those costs until they eventually get paid sometimes 90 days later.
With our Account Receivable Financing our clients can regularly secure money against their receivables in as little as 24 hours. To qualify for AR Financing their business must be open for at least 12 months. The lender will review their existing receivables or purchase orders, and will look into the company that their receivables are with.
Once approved, you can then receive funding up to 80% of your existing receivables. Medical and construction receivables can also qualify for this financing program with us. Keep in mind that the lender truly doesn’t care about your personal credit qualify. So even if you have horrible personal credit but have good receivables or purchase orders you can still be approved.
This program is amazing for anyone who has outstanding receivables. Your clients can obtain funding borrowing against their existing receivables and receive money within 24 hours versus waiting months to get paid.