Accounts receivable financing is a way to help your business get the money it needs to grow. It's also a way to help you pay off those bills that have been piling up.
Accounts receivable financing can give your business access to cash faster than any other alternative. It helps you buy equipment, expand into new markets and hire more employees...all without having to wait for customers to pay their bills!
Accounts receivable financing is a form of financing that allows small businesses to get paid faster. This can help them manage their cash flow and keep up with payments on other loans, like credit lines or mortgages.
For example, imagine you own a coffee shop in Seattle and you sell your coffee beans wholesale to several convenience stores around town. You want to buy a new espresso machine for your business but the bank won’t lend you enough money without collateral — so instead of taking out another loan, you borrow against future sales by using accounts receivable financing from Capital One Business Credit (COBC).
Accounts receivable financing is an asset-based lending product where a company receives capital based on its outstanding invoices from customers or clients as security against default risk. In other words: Your lender will advance funds based on your ability to collect money owed by your customers or clients—not just on what assets you already own—because they know it’s less risky for them than investing directly in inventory or equipment purchases!
As your company grows and expands, your business will need more working capital. Receivables financing can help you meet the demands of the marketplace by providing a way to get the cash you need when you need it.
The benefits of accounts receivable financing include:
· Increased cash flow: With a line of credit, you can access funds anytime without having to wait for payment on invoices. This gives you more flexibility in terms of how much inventory and other assets are on hand.
· Increased revenue: If customers pay their accounts on time, this helps improve profits because there is no longer a gap between income and expenses which means less risk for businesses that would otherwise have trouble covering their monthly costs at the end of each month (this includes paying employees).
You’re a business owner. You know that your success depends on the amount of inventory you can buy and sell. With accounts receivable financing, you can increase your buying power by buying more inventory and paying vendors faster. Your suppliers will love it when they see their invoices paid early, because this means they can get back to work with less time spent waiting for payment.
With AR financing, small businesses are able to take advantage of special offers from vendors who offer deep discounts on products or services in exchange for quick payments. This is especially important during economic downturns when companies may be struggling to stay afloat.
Accounts receivable financing is a great way to get the money you need to grow your business when the traditional sources of funding have dried up. It’s flexible, no-hassle and can be customized to meet your exact needs.
Is accounts receivable financing right for you? If you have an excellent credit rating, then yes! We can help you get started with an application as soon as today.
If you’re looking for a way to improve your cash flow and grow your business, accounts receivable financing is an excellent option. With more money in the bank and increased buying power, you can do more of what you love—and expand your business into new areas that will keep it thriving for years to come!