As a business owner, there is nothing worse than having to turn down a contract or a business opportunity because of a cash flow deficit. In today’s world where companies extend 30, 60 or 90-day terms, cash flow problems can arise, unless you know about financing accounts receivable.
In Atlanta, GA small to large companies now have a solution to this problem. By financing accounts receivable a business is able to sell their open invoices to receive funding for payroll, material purchase or even to add to their employee pool.
With these additional resources, a company that understands the advantages of financing accounts receivable can quickly generate cash on hand without borrowing, placing personal guarantees, or going through a complicated application process.
Cash Flow Solutions
When working with a top factoring company, the process of financing accounts receivable in Atlanta, GA is very simple. With a basic online application, the business can be approved for the funding, typically within 24 hours.
Then, within a few days, the funds will be available for use. Since you have the choice to sell some or all of your accounts receivable you have complete control over the process.
With the top factoring companies, applications for financing accounts receivable will be online, very easy to complete, and there will be no fee or obligation with the application. The fees and costs, as well as the rates, will be explained up front and in concise, clear language.
Support and Service
Any company in Atlanta, GA financing accounts receivable should expect to have full-service support through the contract. This includes all services associated with the application, including due diligence, start up, and documentation, all provided without any additional fees.
As soon as the invoice verification process is complete the funds, based on the accounts receivables sold to the factor, will be wired to the bank account specified. This provides your business with the working capital you need in one to two business days.
Remember financing accounts receivable is not a loan and there is no debt, repayment and no impact on a business’s credit score or profit and loss sheet. With no hidden fees and highly competitive rates, this is a very important option to consider whenever cash flow between invoice repayments becomes a concern or a limiting factor.
