Accounts Receivables Financing
Accounts receivable financing (A/R financing), sometimes known as a ledgered line of credit or invoice financing, is a great solution for businesses that need more funding that is not available from traditional lenders. Many companies need additional cash flow to support seasonal demands, growth, business opportunities, or solve a short-term cash need. Fast Capital’s accounts receivable financing provides your business with quick, flexible funding that will give your business the opportunity to grow, restructure, take advantage of supplier discounts, hire additional employees, or even to fund payroll.
With our accounts receivable financing programs, you can access funds without having to give up equity in your company, and it is less restrictive and expensive than equity financing. A/R financing can increase or decrease based on your current business size and needs, allows you to gain administrative support to manage your receivables without additional staff, and gives you access to cash when you request it (based on your eligible accounts receivable).
The timeline is relatively fast and paperwork is fairly simple to put together. You can have an A/R facility set up for your business in 5 – 10 days within submitting your paperwork.