Accounts receivable funding (A/R funding), sometimes known as a ledgered credit line or invoice funding, is a superb solution for businesses that require more funding that’s not available from traditional lenders. Many companies need additional cashflow to aid seasonal demands, development, work at home opportunities, or to solve a short-term cash need.
Accounts receivable funding provides your business with adaptable and immediate cash that gives your business the possibility to expand, restructure, take action on supplier discounts, retain additional employees, or even to fund your payroll. With this accounts receivable financing option, which is less costly and restrictive than collateral funding, you can access cash and never have to give up equity in your enterprise. A/R financing can increase or decrease predicated on your present business needs and size, allow you to get administrative support to control your receivables without additional staff, and provide you usage of cash when you request it (predicated on your eligible accounts receivable).