Use Accounts Receivable Financing To Add Security to Your Business
Accounts receivable financing is useful if you have unpaid invoices, but need working capital immediately. You can think of it as a safety net to help you keep your business operational. Learn more about financing receivables with TrueLink Capital Solutions.
How Accounts Receivable Financing Works
The first thing that happens when you are approved for this special kind of financing is you receive the working capital you need. The nature of financing receivables is quick payment. Then, when it is time for your clients to pay their invoices, that capital is used to repay the loan, making it difficult to accumulate debt. Accounts receivable financing is like outsourcing and automating your receivables department, and is available for businesses across all industries. Some of the other benefits include:
- No fixed payments
- More flexibility
- Receivables converted to cash in as little as 24 hours
- No personalĀ guarantees
- No arbitrary loan board decisions
- Non-recourse
- Free credit insurance on your customers
- No additional long-term debt
- More funding availableĀ as sales increase
If you want to convert your invoices into cash and supercharge your cash flow, call TrueLink Capital Solutions today for a free no-obligation consultation. Our team will show you how easily your invoices can provide the debt-free financing your business needs.