Use Accounts Receivable Financing To Grow Your Business
Does your business ever struggle from not having enough capital to handle customer orders? Managing cash flow can be challenging, especially when your customers don’t settle their invoices right away. If you ever feel your cash flow strained while waiting to receive payments, you may benefit from Park Cedar Commercial Lending accounts receivable financing.
How It Works
When you invoice a customer, we will buy the invoice from you at a slightly discounted rate. Then, we collect the outstanding balance from your customer when it comes due. There is nothing to repay and the decision is based on your customers’ credit, not yours. So, you can easily invest in the growth of your business. This is a great way to easily improve your cash flow.
How It Helps
There are plenty of good reasons to consider financing receivables. These are some of the top benefits:
- Funds arrive quickly
- No payments due
- No guarantees or recourse
- Money can be used for anything
- No risk when taking on big or unexpected orders
- Financing increases with your sales
- No arbitrary decisions from loan boards
Does this sound like something that could help your business succeed? Contact Park Cedar Commercial Lending today to learn more about whether accounts receivable financing could be right for your company.