Features of our Accounts Receivable Funding Program include:
Flexible access to capital
Weekly electronic funds transfers
Reserves released weekly
DAILY cash application – no excessive clearance periods
Detailed weekly management reports
24/7 Online access to account information – in real time
Automated Secure Lock Box
Collections Support
Unlimited FREE Credit Research for potential new clients
How It Works:
Our Accounts Receivable Finance programs are designed to provide growing businesses with access to capital on a weekly, bi-weekly or monthly basis (custom funding programs are available). Programs can be designed to meet virtually any receivables cycle you may encounter. Custom programs which provide lower purchase fees for fast paying invoices are also available. Typically, these programs require a 1 year commitment or greater and are designed for ongoing funding of accounts receivable (see "how it works").
A Proposal for Services can be prepared in as little as 24 hours following receipt of your completed application and current accounts receivable aging report. A full approval for services and first funding can typically occur in less than one business week upon receipt and review of a complete underwriting package.