Accounts Receivable Financing
Unlock the Cash Tied Up in Your Receivables.
Accounts Receivable (AR) financing or Factoring is the purchase of your AR invoices at a discount.
If your company sells products or services to businesses that pay their bills in 30, 60, 90 days or more, Prime Funding Partners has a liquidity solution for you. We can finance Receivables for companies that are start-ups, losing money, or in bankruptcy because accounts receivable financing is based on your customer’s credit, not yours. This is not a debt, and you are selling an asset. Fortunately, it is more than just an asset sale; it is like outsourcing your accounts receivable department. When you finance your Accounts Receivable, additional valuable services will be provided including checking your customers’ credit for you and making you aware of bad risks. Qualifying accounts can even get free credit insurance.
Use The Money To…
- Fund payroll or other Operating Expenses
- Purchase Inventory to take advantage of bulk/timely payment discounts
- Fund expansion and growth
- Respond to seasonal demands and opportunities
- Take on that large new account with confidence
If your business needs steady cash flow Prime Funding Partners can help, contact us or CLICK HERE!
- Cash in 24 hours
- No Personal Guarantees
- We finance any type of business
- No recourse even if the account does not pay
- Credit Insurance on your clients at no cost to you
- No arbitrary loan board decisions, no fixed payments
- As Sales and Receivables increase, funding increases
- Focus on your business, not collections
Contact us today for a free, no-obligation analysis of your financing needs.
A member of our professional staff will contact you to discuss your business’ short and long-term financial needs.