Funding Your Business With the Help of Accounts Receivable Financing

commercial-finance

Oakwood Commercial Capital Group is proud to offer accounts receivable financing to our clients. Financing receivables, or Factoring, is the purchase of accounts receivable invoices at a discount. This financial solution works well for businesses that require their customers to pay 30, 60, and 90 days or more after receiving product or service. When factoring your accounts receivable you are actually selling the assets to the Factor, therefore it is not a “debt”. Because of this structure, we can provide factoring solutions to companies that are start-ups, reporting operating losses or in bankruptcy.

The Benefits of Factoring

Factors will check your customers’ credit and notify you if there are any discrepancies or issues. This allows you to accurately assess a customer’s level of risk using detailed monthly statements. Other benefits of our accounts receivable financing include:

  • Cash within 24 hours
  • Factoring is available for any type of business
  • No personal guarantees
  • Non-recourse
  • No fixed payments
  • Funding increases with sales and receivables
  • Businesses can focus on growth, not collections
  • Credit insurance on clients is not charged to your business
  • More flexibility than traditional loans

The added cash generated from accounts receivable financing can be used for many purposes:

  • Fund expansion and growth
  • Respond to seasonal demands and opportunities
  • Take advantage of early payment and bulk purchase discounts
  • Take on new customers and accept unexpected orders

Call us Now, and one of our financial specialists will work with you on a no cost analysis of what we can provide for your company.