Accounts receivable financing is a way for businesses to use pending customer payments as collateral for an advance of funds. While lender policies vary, generally businesses can expect to receive around 75-85 percent of the value of their receivables (more on this below).
There are three key benefits of accounts receivable financing that make it a popular funding option:
Businesses can take advantage of accounts receivable financing on a one-time basis, or they can setup an ongoing process. For the latter, they simply submit invoices to the lender for verification, assessment, advance and settlement.
To learn more about whether accounts receivable financing is right for your business’s funding needs and goals, contact the National Business Capital & Services team today. Your consultation with us is free.
Or, if you’re ready to get started then simply complete our streamlined and secure online application. Our professional and friendly funding specialists will be in touch within 24 hours.
National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Megan Capobianco is the Marketing Manager at National Business Capital & Services. Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.