Tap Into an Unlimited Source of Financing
Smart Capital Lending Group can provide your business with liquid funds by financing receivables. This arrangement is available to companies that sell products or services to customers that pay up to 90 days after their transactions settle.
How Invoice Financing Works
Startups and established corporations can take advantage of accounts receivable funding. Unlike taking out a loan or line of credit where a debt is incurred, your organization is actually selling an asset. Because the arrangement is based on your customer’s credit rather than your own, even businesses losing money and in bankruptcy can apply. It’s like outsourcing your company’s AR department.
Accounts Receivable Financing Benefits
The cash you receive can be used to cover operating expenses, payroll, inventory, expansion costs, early payments or bulk discounts. Liquid assets can be the bridge to taking on larger accounts and the solution to scaling troubles during periods of high demand. Here are some additional benefits:
- Cash in 24 hours
- Financing for any type of business
- No-cost credit insurance on client transactions
- No fixed payments
- No personal guarantees
- No recourse
- Funding increases as sales and receivables increase
- No arbitrary loan board decisions
Set Your Business up for Growth
Think of the potential your business could have for generating increased profits with more access to liquidity. Contact our specialists for a free accounts receivable financing application.