Financing Your Receivables for Better Cash Flow

Sometimes, your company needs a little extra funding to keep its cash flow even. It happens to every business, because clients do not always pay on their accounts in a totally predictable way. When you need to free up cash to meet your other obligations, including when you need it to get started on new orders, accounts receivable financing provides an easy, low-risk, and flexible option that works for most businesses.

How Financing Receivables Works

When you apply for a cash advance based on your receivables, you do have to provide a Light-Speed Commercial Loans associate with account information that allows them to review the amounts, the estimated repayment dates, and each account’s payment history. This allows them to determine the risk related to each account, and also to calculate an advance based on the combination of value and estimated repayment time. Then, the advance is dispersed and our associates handle collecting on your accounts. As each payment comes in, the advance and our service fee are subtracted, and the rest is sent on to you.

Benefits of Accounts Receivable Financing

  • Cash in 24 hours
  • No loss of equity
  • Improved cash flow through your business
  • Payment insurance on your accounts at no cost to you

In addition to those basic benefits, companies that regularly finance their receivables effectively outsource them while maintaining a predictable, even cash flow they can depend on. To start financing your receivables, talk to one of our associates today.