Accounts Receivable Financing

Factoring, Asset Based Lending

Alternative Names

$10,000 – $10,000,000

Maximum Loan Amount

N/A

Minimum FICO

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Accounts Receivable Financing

Factoring, Asset Based Lending

Alternative Names

$10,000 – $10,000,000

Maximum Loan Amount

N/A

Minimum FICO

SIGN UP

How much you are looking for?

 

What is Accounts Receivable Financing?

Commonly referred to as asset-based loans (ABL), asset-based finance is a form of business lending that relies on the collateral of your business, rather than just cashflow and credit. Conventional loans look at cashflow first, collateral second, while asset-based loan programs look at collateral first and cashflow second. Relying on the collateral to provide financing allows for businesses that are growing rapidly to maintain the liquidity needed to keep up with capital requirements. While ABL is great for high growth companies, it’s also great for companies that have stable growth or are in distress and need to recapitalize their balance sheet. In most cases shifting existing term debt into a formulaic asset based line of credit will result in improved cashflow and more liquidity for the business.

5%

Rates as low as

No Minimum

Term Length

2 Years

Min. Time in Business

48 Hours

Approval

2 Weeks

Time to Fund

Product Notes

  • Credit Score is not a major factor
  • Used to unlock tied up equity

  • Can be used as a line of credit where applicable

$20,000

Minimum Gross Sales (Monthly)

Monthly or when factored

Payment Options

Docs Required for Submission

  • Business Application
  • 3 Months of Business Bank Statements
  • Business Debt Schedule
  • Accounts Receivable Report
  • Interim YTD Financials (Profit & Loss Statement & Balance Sheet) & Most Recent Business Tax Return
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