Receivables Funding

What is it?

Our Receivables Funding (Accounts Receivable Financing) service means that we can help you improve your cash flow by providing an immediate advance of cash against the value of your outstanding invoices. Then as you raise an invoice, we can release up to 90% of the value of that invoice within 24 hours. The remaining 10% is paid to you, less a small service fee, once we have received payment from your customer.

This means your business has access to an ongoing supply of cash directly linked to your sales. So as your business grows so does the amount of funding we can make available to you allowing your business to constantly be able to meet increasing demand.

You remain in control by working with a dedicated team of people who ensure your customers are as happy to deal with us as they are with you.

Most Fortune 500 companies have used Accounts Receivable Funding to improve cash flow and enhance growth.

The Benefits of our Accounts Receivable Funding Service

Accounts receivable funding is not a loan; it's an advance against your customers' invoices. Its principle benefit is giving your business an increase in working capital without needing to borrow money, tie up your business or personal assets, or give up equity. This boost to your cash flow positively impacts your profitability, allowing you:

• to take advantage of discounts on bulk purchases and early payments with your suppliers
• to stop offering early payment discounts to customers
• to extend credit to customers on large orders
• to pay back taxes and liens and fund payroll
• access to the necessary funds for growth

In addition to the cash that we provide, we can also free up valuable management resources. We manage your accounts receivable by going after and collecting outstanding invoice payments from your customers on your behalf so that you have more time to concentrate on generating new business. We will prepare and send out statements, telephone all your customers, collect payments for you and maintain professional and detailed accounts of your transactions.

Accounts Receivable Financing

• Accounts Receivable Financing boosts your cash flow by providing an immediate advance of cash into your business against the value of your outstanding invoices.
• When you raise an invoice, we can release up to 90% of the value of that invoice within 24 hours, with the remaining 10% being paid to you, less a small service fee, once we receive payment from your customer.
• Your business has access to ongoing cash flow funding linked to your sales, so as your business grows so does the amount of funding available to you.
• We save you valuable management time by preparing statements, communicating with your customers, collecting payments for you and maintaining professional and detailed accounts of your transactions. This saved time can be spent driving business forward.
• You remain in control by working with a dedicated team who ensure your customers are as happy to deal with us as they are with you.
• By working with a Receivables Funder, you will see a significant reduction in debtor days and improvement in cash flow, resulting in valuable management time that can be spent driving business forward.
• By making use of a receivables funding facility, you could see improved profitability by being able to take advantage of discounts on bulk purchases and early payments with your suppliers.
• Our Factoring service provides a flexible supply of working capital, giving you the time to realize your plans.