Strategic Options to Finance Your Company’s Growth
You work hard to provide quality goods and services to your clients, but sometimes waiting for payment on your accounts receivable can make cash flow pretty tight. If you have receivables that are overdue by 30, 60, 90 or more days, you can use accounts receivable financing to turn it into immediate cash with Affinity Capital Solutions rather than waiting for customer payments. We can even help startups with limited credit or companies that are losing money due to outstanding accounts.
Benefits of Accounts Receivable Financing
Your business requires cash flow to operate, but when customers don’t pay on time it interrupts cash flow through no fault of your own. That can make it difficult to meet your day-to-day business obligations, such as payroll and accounts payable. When that happens, financing receivables is a great way to turn those unpaid accounts into immediate cash.
This is not debt financing—instead you are selling an asset that you own. Plus you get the help of Affinity Capital Solutions’ experienced team as an extension of your receivables department. We’ll check your customers’ credit, alert you to potential risks, and offer monthly statements to keep you updated. Other benefits include:
- Quick access to cash, often in 24 hours or less
- No personal risks or guarantees
- Financing for a variety of industries and business types
- No liability, even for accounts that never pay
- Complimentary credit insurance on your clients
- No monthly fixed loan payments
- Credit line increases as sales increase
- We handle all collections efforts
Grow Your Business With AR Financing
With the cash you get from financing receivables you can take advantage of early bird discounts, bulk supply purchases, and other cost-saving measures. You will be financially prepared to meet unexpected or large orders without the hassle of a traditional bank loan.
You can also use the money to market and grow your business, pay operating expenses, or even expand and replenish your inventory. The influx of cash can help you keep up with high demand seasons, and take on new clients with the confidence that you can meet their needs.
Get an Analysis Today
To find out more about accounts receivable financing options, contact our financial specialists for a quick and easy analysis at no cost to you.