The Liquidity Solution You Need to Keep Things Flowing at Your Business
You may not realize how many options are available to you and your business if you’re in need of funding. The Lending Force specializes in accounts receivable financing, which is buying up your receivable invoices at a low price. Also known as factoring, you might be the perfect candidate for this liquidity solution if you offer your services or products to companies that pay in at least 30 days. It makes no difference if your business has just gotten started, if you’ve recently filed for bankruptcy or if you’re losing out on profits, we can still work with you. The reason for this is because we’ll put our focus on your customer’s credit rather than yours.
Use Your Funding However You See Fit
One of the great things about financing receivables is you can use the solution several different ways. Examples include:
- Fund operating expenses, such as payroll
- Take on new and larger accounts
- Buy up new inventory
- Grow your business
- Take advantage of seasonal commercial opportunities
Receivable Financing Isn’t a Debt
One thing we like to make abundantly clear to our customers is that receivable loans aren’t debts. While it’s true they can be considered selling an asset, they’re a financing solution that is essentially outsourcing your accounts receivable department. One of our representatives will be sure to take a thorough look at your customer’s credit and let you know if there are any red flags of which you should be made aware.
If you’d like to learn more about accounts receivable funding, don’t hesitate to get in touch with a The Lending Force representative.