Account Receivables Funding
Account Receivables Funding
The life of a business is a constant juggling act between the money that comes in and the money that goes out. Unfortunately, any discrepancy can lead a company down the path of financial turmoil. In the world of accounts receivable, it is typical not to expect payment for at least 30 to 60 days and even as long as 90 to 120 days. Obviously, when payments are due to vendors and creditors, the lack of immediate funds can cause serious problems with a company’s cash flow if they don’t have an account receivable credit line. When a company is unable to access the funds it needs to pay off an outstanding debt, it is often forced to make tough decisions. The company may have to delay purchasing new equipment, for example, or pass up on certain lucrative opportunities. In severe cases, the lack of cash flow may force them to resort to desperate measures, including bankruptcy proceedings. The frustration is understandable, especially when the company knows that it has money coming to it–just not immediately.
At Business Capital, we offer accounts receivable funding for companies in such situations. In simple terms, we provide our clients with asset based financing that gives them the ability to sell their outstanding accounts receivable in exchange for immediate money. By eliminating the typical delay, companies are able to focus on growth, pay bills or simply make necessary purchases.
Why wait up to 120 days for money you need right away? Trying to collect on outstanding accounts can be a stressful process, pulling you away from more important responsibilities. Let Business Capital do the work for you through our accounts receivable financing services. Contact us today at (888) 499-4775 to find out about our versatile approach.