These days, most large reputable companies typically pay receivables in 90 to 120 days, which unfortunately for most small businesses can have a significant impact on their cash flow. With our accounts receivable financing program this doesn’t have to be the case. With our program, you can free up the capital that is stuck in accounts receivable today, instead of having to wait 90-120 days.
The benefits of our programs are:
- Most banks typically lend up to 70 percent maximum against accounts receivable, but we can go as high as 90 percent for receivables that are aged 60 days or less. They will also not lend against any US or International accounts receivables – we can.
- Your growing company can access cash quickly to allow for growth and expansion
- Can help you to meet immediate payroll obligations
- Can help make government tax payments now, thereby reducing additional penalties and charges
- Can help you keep your suppliers current
- You can set up lines of credit for future use
- We provide you an answer quickly, our typical turnaround time is 48 hours