In many ways, a company lives and dies by its accounts receivable. Unfortunately, it is standard practice in most industries for there to be a substantial delay before receiving payment for certain goods and services. Although there is no blanket time frame, waiting periods can last anywhere from 30 to 120 days. Obviously, not having access to this business cash flow for such a long period of time can have a negative effect on a company’s ability to function properly. One obvious difficulty unpaid accounts receivable can cause is unpaid accounts payable. Without the necessary funds, companies may be unable to pay their own debts, even forcing them to take out loans to cover their expenses. When short on funds, a company may also be forced to delay necessary purchases or expansion–to the detriment of its profitability. This can lead to a vicious cycle, holding the company back and leading it into unnecessary debt and financial turmoil.
At Business Capital, we specialize in helping companies recover or maintain their financial strength through the use of accounts receivable financing. This process allows companies to sell their outstanding accounts receivable for immediate cash. Invoice financing is fast, effective and provides companies with the money they are owed immediately, rather than a few months down the road. Access to this income allows our clients to make any due payments, purchases or investments needed to see their companies succeed.
Why simply “put up” with a stressful situation when you have access to an effective solution? Before letting your company get behind on important payments or turn to outside lending sources, we urge you to contact our experts at (888) 499-4775 to learn more about accounts receivable financing. You’ve already earned the money you need, let us help you access it when you need it.