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Follow on Google News | The Benefits of our Accounts Receivable Funding ServiceAccounts receivable funding is not a loan;it's an advance against your customers' invoices.
By: The BRIC LLC. Accounts receivable funding is not a loan; it's an advance against your customers' invoices. Its principle benefit is giving your business an increase in working capital without borrowing money, tying up your assets (either business or personal), or giving up equity. This boost to your cash flow positively impacts your profitability, allowing you to: What Can Invoice Factoring Do for You? With our invoice factoring services, your business has access to an ongoing supply of cash directly linked to your sales. So as your business grows, so does the amount of funding we can make available to you. This allows your business to consistently meet increasing demand. You remain in control by working with a dedicated team of people who ensure your customers are as happy to deal with us as they are with you. Most Fortune 500 companies have used accounts receivable funding to improve cash flow and enhance growth. • take advantage of discounts on bulk purchases and early payments with your suppliers • stop offering early payment discounts to customers • extend credit to customers on large orders • pay back taxes and liens and fund payroll • access to the necessary funds for growth End
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