Accounts Receivable
Expand Your Small Business With Accounts Receivable Financing
Having access to financial resources is key when you’re growing a small business. Fortunately, you have more options than loans from traditional banks. Plutus Commercial Funding’s accounts receivable financing lets you use your unpaid customer invoices to get funds immediately and take care of critical needs.
The Nuts and Bolts of Receivables Financing
As you know, your unpaid customer invoices are in the current assets section of your balance. Financing receivables lets you convert them to cash faster than usual. While you’d normally wait between 30 and 90 days for payment, you can sell them at a discount and get your cash within 24 hours. It’s one of the speediest and most convenient commercial finance tools, plus it offers your business some useful advantages:
- No-cost credit insurance for qualifying clients
- No personal guarantees needed
- No recourse required
- No fixed payments necessary
Receivables financing grows with your business. You can access more funding as your sales revenues increase. Even better, you have the freedom to use your funds as you see fit. Whether you need inventory or supplies, must replace equipment, have to cover payroll or handle other vital needs, the funds are at your fingertips.
Contact Our Financial Specialists Today
Plutus Commercial Funding supports small businesses with a diverse portfolio of financial products: accounts receivable financing, merchant cash advance, purchase order loans, commercial real estate loans and more. Our certified commercial finance specialists can help. Contact us to apply for financing.