Leverage Your Assets With Accounts Receivable Financing
Accounts receivable financing is one of the many useful products we offer to our customers here at G-Rhema Capital Finance. Also known as factoring, this type of funding involves the discounted sale of your accounts receivable invoices, allowing you to outsource your accounts receivable department. Rather than incurring debt, you can sell your assets, improving liquidity and generating extra funds.
Advantages of Factoring
If you sell products or provide services that are paid for between 30 to 90 days later, our financing receivables program can give you a boost. This program can provide cash in as little as 24 hours, and does not involve personal guarantees. Additionally, your funding increases along with your sales, allowing you to take advantage of unexpected opportunities or unusually large orders. Even companies that are losing money can utilize this program, since it is largely based on your client’s credit instead of your own.
We provide a number of valuable services in addition to the funding you receive; we will check the credit of your clients for you, notify you of risks, and provide monthly statements. Additionally, qualifying accounts can receive credit insurance for free. Finally, you don’t have to worry about collections and can focus on your business. If you want to learn more about our factoring programs, contact us today to speak with one of our associates.