Accounts receivable factoring, which is also known as accounts receivable financing, allows business to use receivables as collateral which provides working capital. The process may involve invoice factoring, which is the purchase of receivables for cash flow.
With accounts receivable financing from National Business Capital businesses can increase their cash flow.
What is Accounts Receivable Factoring?
Two examples of accounts receivable financing are invoice factoring and freight bill factoring. For companies with solid credit who are capable of paying their invoices on time, this may be the ideal option for businesses that seek additional funding as quickly as possible. These funding vehicles will allow businesses to maximize their cash flow and improve their position by selling off their accounts receivable. This way they can generate the capital that allows them to convert their idle invoices into liquid funds.
Accounts Receivable Line of Credit Uses
Cash flow challenges prevent many businesses from managing their day-to-day expenditures or to fulfill business goals such as expansion. Besides accounts receivable factoring, National Business Capital can also recommend additional financial tools that will allow small businesses to fulfill monetary obligations, and to sell products and services. For example, National Business Capital can also assist these firms to establish a business line of credit that provides quick access to additional capital when needed.
National Business Capital has assisted companies all over the country to improve their existing business, but also to position themselves well for the future. Restaurants, manufacturers, retail stores, contractors, transportation providers, doctors, and automotive services represent just a few of our clients’ industries. Contact us and let us go to work to find your business the business financing it requires to thrive.
National Business Capital’s financial factoring options enable business owners to get their enterprises back on track as well as assist them to grow. National Business Capital is your best source for nationwide business funding. Our simple two-minute application will arm your business with the right tools to obtain the financing it needs. To fill out an application or for more information about accounts receivable factoring and accounts receivable loans, please click here. If you have further inquiries about accounts receivable funding, please feel free to phone us at (888) 888-9124.