Accounts Receivable Financing
Find Unlimited Financing Through Accounts Receivable
Factoring, also known as accounts receivable financing, is a useful way to acquire working capital when you are sitting on unpaid invoices and need some cash for your business. The Capital Lenders provides liquidity of your invoices by purchasing them and collecting the payment directly from your customer. The customer remains yours and you do not end up owing money on the transaction because it is the sale of an asset.
Benefits to Financing Receivables
When you need quick funding, there are many advantages to financing receivables, including
- Obtaining cash in less than one day
- No fixed payments
- Allows you to service unexpected or large orders
- Flexible and quicker than a bank loan
The process is very simple: you sell the invoices you can spare to us, and we provide you with cash to use how you see fit.
How Can You Use the Money?
Although some loans come with strict requirements about how the money can be used, the money you get through factoring is yours to use however you wish. You can use it for:
- Paying employees
- Operating expenses
- Expanding and growing
- Taking on new accounts
- Keeping up with seasonal demands
Get Started Right Away
It doesn’t cost you anything to receive an analysis to determine how we can help your business. To learn more about factoring and a variety of other financial options, contact The Capital Lenders today.