Fast Cash With Accounts Receivable Financing
Accounts receivable financing or factoring means we will purchase your outstanding customer accounts. Providing customer financing can ensure that your business makes important sales, but to keep cash flowing, it may be necessary to finance your receivables. You don’t want to be caught in a crisis without enough liquid assets.
What Kind of Companies Qualify
Do you sell a product or service and allow your clients to pay in 30 days or more? If so, you are probably a great candidate for financing receivables. We work with startups, enterprises losing money and companies in bankruptcy.
Improve Your Cash Flow
Once you begin working with us, you can get cash in just 24 hours. That means instead of waiting for customers to pay or losing money when clients fail to make a payment, you can get the funds you are entitled to immediately.
Reinvest in Your Business
With factoring, you are not getting another loan. You are selling an asset, so you can use the cash as you please. You might:
- Fund payroll
- Cover operating expenses
- Finance growth and expansion
- Address seasonal demands
- Purchase inventory
- Take on larger orders or accounts
After it is all said any done, the money is yours and there aren’t any limits. Plus, you might even qualify for free credit insurance. To learn more about Principal Commercial Capital Group’s accounts receivable financing, give us a call.