Accounts Receivable Factoring
Accounts receivable financing is a method
used by businesses to convert sales on credit
terms into immediate cash flow. Accounts
receivable financing has become the preferred
tool in obtaining flexible working capital for
businesses of all sizes. The accounts are
pledged as collateral and the business may draw
cash against the eligible accounts
at any time. Accounts receivable financing is
not a loan. Any business can qualify for receivables financing if it
generates sales on open credit terms to credit worthy customers. Apply Now.
Guidelines
- Any industry can qualify
- Revolving line of credit
- Rates: As low as 1.59%
- Max factoring term of one year
- No personal guarantees required
- Approvals as quick as 5 days
- Full notification required
