AAccounts receivable financing also known as AR financing allows companies to receive funds for their outstanding invoices earlier. Companies using financing for their AR can commit invoices to a funding partner for earlier payment.
Benefits of Accounts Receivable Funding
A company can increase their cash flow and avoid putting a strain from their late payments. Taking a loan against receivables helps a company obtain cash without asking clients for immediate payment. If a company is in high growth mode, young or simply does not fall in a traditional bank box, they can utilize a loan or line provided by Porter Capital.
The different between Factoring and Accounts Receivable Financing is the difference between buying vs advancing.
How to Apply for Accounts Receivable Financing
The application process is quick and easy.
Tell us about your business
What do you plan to use funds for
Send financials to complete your application and we will review.
Get funded within 24 hours.