accounts receivable, invoice financing, factoring

Accounts Receivable Financing for a Quick Infusion of Cash

One of the biggest concerns for businesses is the late payment on invoices. In some cases, payment can take 90 days or more. Not only is this a headache, but it can also put your firm in a cash-strapped situation. Fortunately, there is a solution to late-paying customers. It’s called accounts receivable financing.

Accounts Receivable Financing

Accounts receivable financing is a win-win process. Here’s how it works. A firm sells its accounts receivable to an outside financial company and receives a quick payment of cash in return. The outside company returns a very high percentage of the sum of the financing receivables sold, often around 90%, to the selling firm. A win-win relationship is generated: The seller takes in a rapid infusion of needed cash and the buying firm gets to collect the full value of the invoice total.

What We Can Do for You

Here at Northgate Capital Finance, we ensure that you’ll benefit from the following aspects of accounts receivable financing:

  • Any business can qualify
  • Money is received within a day
  • No fixed payments as in a loan
  • No recourse or personal guarantees needed
  • No dealing with picky loan approval boards
  • Free credit insurance for qualifying accounts

There are no restrictions on how you can use your rapidly delivered cash infusion.

Contact us today to get capital rolling in for your company as soon as tomorrow!