The challenge many small business owners face is delayed payment from their customers. Often, invoices go unpaid 30/60/90 days plus. How great would it be to take control of your companies cash flow?
Funding programs are available which give you instant access to money tied up in your account receivables. Your personal credit score is not needed for approval.
Here is how simple the process is. A call is arranged between you and the funding source. They gather basic information and a funding offer can be made within 24 hours. Once approved, the typical advance is 75% to 85% of the invoice. The balance of the invoice is paid to you once the funding source collects full payment from your client on the invoice. The average fee can range from 2.5% to 4% of each invoice submitted. The fee is based on a few factors, among them, the financial strength of your client, and the number of invoices submitted per month. As a business owner, you decide if having access to a large percentage of your invoice within 48 hours, is worth the fee paid to the funding source for their service.
Account receivable financing is available for ALL business to business industries, including Construction, Staffing, Industrial, Manufacturing, and Oil and gas.
To learn more, request our free guide, "Turning account receivables into instant cash" please enter your email address in the space below this blog post.