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This product works well when your business has unpaid customer invoices that you can’t wait to be paid on. You can use accounts receivables to get capital now.
You can use accounts receivables to get capital now. Best for organizations with outstanding balances that need fast funding which is easier to get approved for compared to other lending options.
Is This The Right Fit For You?
Fairly simple and easy approval
Based on credit worthiness of the buyer, not your firm's.
Cost of borrowing may be high
Companies with invoices that need cash right away
Invoices with net 30, 60 or 90 day payment terms are best
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