The American Receivable Factoring Approach
American Receivable provides receivable factoring
services designed to help businesses meet their cash flow needs and remain competitive
in today’s rapidly-changing marketplace.
For over 31 years, American Receivable has provided flexible receivable factoring
solutions to businesses that do not meet the lending criteria required by traditional
banks.
Our approach to accounts receivable factoring is simple and straightforward. We
base our lending decisions on the product or service as well as the financial strength
and stability of our client’s customers, not on the credit history of our clients.
Receivable factoring, also referred to as invoice factoring and accounts receivable
factoring, provides an unlimited source of working capital without increasing your
debt position, and unlike some other factoring companies, American Receivable requires
no up-front fees or long-term contracts.
Is Receivable Factoring Right for Your Company?
Our receivable factoring approach provides a quick and simple solution to your cash
flow needs and is ideal for small to medium-sized businesses with less-than-ideal
credit and those undergoing reorganization.
Receivable factoring is ideal for businesses looking to purchase new equipment,
increase inventory, fund payroll and other operating expenses and improve their
credit ratings.
Because receivable factoring does not require time-consuming audits mandated by
traditional lending institutions, our clients typically receive funding within 24
hours of applying.
At American Receivable, we work closely with bank referral clients to help them
meet their short and long term cash flow needs and improve their credit worthiness.
In fact, the majority of our bank referral clients return to traditional bank financing
once the factoring relationship ends.
How Can Receivable Factoring Proceeds be Used?
Another benefit of the receivable factoring method is that, unlike traditional bank
financing, we do not require you to specify how your business will use the proceeds.
This provides your business with additional flexibility and allows you to use proceeds
as needed to purchase new equipment, upgrade existing equipment, increase inventory,
fund payroll or improve your business’ credit rating.
Contact American Receivable today to learn how we can
help your business with receivable factoring solutions designed to meet your unique
business needs.