
Account Receivable Financing
Our Account Receivable Financing program is great for any business that has outstanding account receivables 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 you can regularly secure money against your receivables in as little as 24 hours. To qualify for AR Financing your business must be open for at least 12 months. Our lender will review your existing receivables and will look into the company that your 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.
Our lender truly doesn't care about your personal credit qualify. So even if you have horrible personal credit, if you have good receivables you can still be approved. This program is amazing for anyone who has outstanding receivables. You can obtain funding borrowing against your existing receivables and receive money within 24 hours versus waiting months to get paid.
This can help significantly ease your cash-flow restraints, and more easily build an even more profitable business.
Approval Amount - $10,000-$20 million
Credit Quality - Bad Credit Accepted
Collateral - Account Receivables
Financials - None Required
Approval terms - 2-6% rates are common
