Is Accounts Receivable Financing Right For You?

When you are considering if accounts receivable financing is the right solution for obtaining working capital for your business, ask yourself the following questions:

• Is your business in startup or growth mode?
• Have you been turned down by a bank for financing?
• Do you have projects that you could be bidding if you were assured that you would have the cash flow needed to take on the additional work?
• Do you have weak financials or personal credit issues?
• Do a majority of your clients pay over 30 days?
• Do you have to be selective in choosing customers because they do not pay on time?
• Do you have to scramble at the end of the week or month to cover your payroll expense?
• Does your business rely heavily on inventory, requiring large capital expenditures to fulfill orders?
• Have you been putting off that marketing campaign that you know would increase sales because you are afraid to deplete your cash reserves?
• Do you want a minimal amount of required management of cash, instead of the constant day-to-day advances of a line of credit?

If the answer to one or more of the above questions is Yes, then you are definitely a candidate for accounts receivables financing. Call us today at 800.763.3021 ext. 103.