ACCOUNTS RECEIVABLE FINANCING
What is Accounts Receivable Financing?
Accounts Receivable Financing is a financial arrangement that consists of a company receiving immediate advance payment on their accounts receivable from a lender. Note that the accounts receivable is used as collateral. The immediate benefit to this arrangement is that companies no longer need to wait the usual 30-90 days for customer payment since lenders can advance most of the outstanding accounts receivable in a much shorter time period, thereby strengthening a company’s cash flow.
Benefits of Accounts Receivable Financing with Accel Business Funding
Businesses of all types rely on accounts receivable financing because it provides the cash they need to operate.
Accel Business Funding also offers many free services and benefits that enhance our clients’ operations.
Simple Application Process
Quick Cash Advances
24/7 Online Reporting
Customized Financing to Fit Your Funding Needs
Financing that Grows as Your Company Grows
How To Begin Accounts Receivable Financing
Step 1 – Get a Quote
Contact Accel Business Funding about our accounts receivable financing program. We will discuss your cash situation and funding needs. We offer free consultation for our accounts receivable financing services. Our simple and straightforward underwriting guidelines allow most customers to receive written quotes. All quotes are tailored to the specific financing needs of each client.
Step 2 – Submit A/R and Related Documents
Once a financing line is agreed upon, we will schedule your first funding. We can accommodate most schedules and offer an expedited service for those in need of immediate cash. During the setup process, we will walk you through the agreement and discuss your accounts receivable and other related materials.
Step 3 – Get Cash for Your Accounts Receivable
When the setup process is quickly completed, we fund you via ACH direct deposit or do a wire transfer into your bank account. From this point forward, each time we receive your accounts receivable, we will process them and fund you the same day.
To apply for our custom accounts receivable financing services, please fill out the Free Consultation Form. We will provide a free consultation and quote for a custom accounts receivable financing program that will meet your funding needs.