Like any other small business, your company depends on its resources to thrive and grow. Seasonal demand, new customers, and unexpected large orders present opportunities. With Legacy Capital Commercial Group's accounts receivable financing, you can confidently handle the challenges that growth brings.
Financing Receivables With Legacy Capital Commercial Group You‘ve probably heard of A.R. financing, also referred to as invoice factoring. No matter what you call it, the premise remains the same — you tap into unpaid customer invoices for cash. Rather than waiting up to 90 days for payment, A.R. financing lets you sell those invoices at a discount and get the funds you need right away.
Financing your receivables can offer you a few key advantages:
- Cash received within 24 hours.
- Free credit insurance on qualifying accounts.
- No fixed payments are required.
- No personal guarantees or recourse are needed.
Once you have the funds, you can use them however you see fit: inventory, payroll, supplies, operations expenses, bulk discounts or anything else. Even better, your available financing increases as your sales grow. A.R. financing is a funding tool that can keep pace with your growth.