Receivables Funding
Improve Your Cash Flow And Save Management Time
What is it?
Our Receivables Funding (Account Receivable Factoring) 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 Account Receivable Funding to improve
cash flow and enhance growth.
The benefits of our Account Receivable Funding service
The principle benefit of Account Receivable Funding is the increase in
working capital available to your business without needing to borrow
(receivables funding is not a loan it is an advance), 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 account receivables 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.
If you have any questions
click here.
