Gain Financial Flexibility With Accounts Receivable Financing
If your company carries unpaid, overdue accounts receivable invoices, you may be able to increase your working capital with accounts receivable financing. This type of loan is great for businesses that are struggling with credit or losing money because financing is based off your customers’ credit instead of your own. You may be approved even if your business is in bankruptcy.
How It Works
With accounts receivable financing, Xcellerated Business Funding purchases your outstanding invoices at a discount. You receive funds you can use for payroll, expansion, inventory, and other business expenses. Accounts receivable financing reduces collection activity on outstanding invoices, freeing up your time and energy for other important business matters.
Terms and Benefits
Financing receivables carries a lot of perks for your company. If approved, you benefit from the following terms and conditions.
- No fixed payments
- Quick funding in as little as 24 hours
- Freedom from loan boards
- No recourse or personal guarantees
- Flexibility to complete large orders
- Credit insurance on your clients and customers at no cost to you
Another benefit of this financing is that loan amounts are not fixed. As your receivables and sales increase, so can your funding.
Call Xcellerated Business Funding for a free, no-obligation consultation. Our financial team will help you decide if accounts receivable financing is right for your business.