Advance Capital can provide quick funds based on the money your customers owe you. Accounts receivable financing/foreign accounts receivable financing is fast, easy, and provides working capital using the investments you have already made in goods and services.
Our accounts receivable financing services provide:
- Quick Funding
- Competitive Rates
- No Cost Credit Screening
- Professional Credit Management
- No Prepayment Fees or Hidden Costs
Invoice factoring is the financial option that lets you increase working capital by selling invoices to a factor. Selling invoices is different than accounts receivable financing in that the factor, Advance Capital takes over collection of payment. We handle monthly statements and collections which lowers your accounting costs. You also get the benefit of our credit management experience and free credit screening for new customers to reduce your exposure to bad debt.
Invoice factoring can be used as little or as much as you want. You decide when selling invoices is best or when to use accounts receivable financing. Either option can be a good way to smooth out seasonal business cycles and free up capital and production capacity during periods of high demand.
Advance Capital makes selling invoices easy. You ship the product to your customer, then provide us with a copy of the invoice. We reimburse you for the invoice amount, less a clearly stated discount fee and a reserve amount based on risk factors for your particular industry.
Our experienced accounts receivable financing and invoice factoring experts are available to answer questions about your account status and to help you get your funds quickly. At Advance Capital, we provide personal service to build solid business relationships. We consider all of our clients as financial partners in success. We are a designated Ex-Im Bank lender.