Accounts Receivable Financing

FAQs

You have an immediate financing need that is not being met by your current lender. With access to a multitude of alternative financing sources, FinanSource is the most efficient way of conducting a search for financing. FinanSource will screen prospective financing sources to offer you only serious lenders based on your criteria of terms and conditions while considering other factors including funds availability, industry preferences, turnaround time and financial condition.
You do not meet the minimum equity and/or financial performance standards of the more restrictive traditional lenders. FinanSource knows how to appeal to lending sources by searching for value in a company’s assets and identifying opportunities to enhance performance.
You need advice and guidance. Often, smaller companies lack the time, expertise, and financial resources to easily attract financing. FinanSource will visit your place of business to do the necessary legwork that will pre-qualify your company for the appropriate types of financing. FinanSource will help develop a loan presentation to attract the most competitive financing offers from the appropriate financing sources.

Companies desiring to take advantage of cash discounts on inventory purchases
Companies experiencing rapid growth that requires additional funds to support an increased investment in accounts receivables and inventory
Companies realizing a temporary financial setback
Companies experiencing seasonal cash flow difficulties as a result of seasonal inventory buildups and sales fluctuations
Companies acquiring new product lines or other businesses
Companies planning to fund research and development activities
Companies desiring to recapitalize their balance sheet to improve the match between borrowings and pledged collateral assets

To avoid undesirable dilution of ownership equity and control
To avoid saddling your company with unnecessary or premature long-term debt
To obtain more operating cash than is usually available from other sources
To establish a continuous source of liquid working capital
To obtain operating cash on a flexible and elastic basis
To increase working capital turnover
To improve return on invested capital
To take advantage of profitable opportunities requiring additional cash
To protect and improve your credit ratings
To utilize technical assistance offered by specialized financing institutions when desired
To obtain large amounts of funds in emergency situations faster and easier