Build a Better Business with Accounts Receivable Financing
Accounts receivable financing is an alternative financial solution that benefits companies that are struggling financially or trying to get off the ground. Because eligibility is based on the credit of your customers rather than that of your business, financing receivables works as an asset rather than a debt. Royall Capital Funding offers this financial solution to help businesses thrive.
Uses for Accounts Receivable Financing
You are free to use the money you receive in a wide variety of ways to stabilize your business. In addition to creating payroll for your employees, you can also use the cash in the following ways:
- Cover operating costs
- Pay expansion fees
- Buy bulk items for inventory
Benefits of Accounts Receivable Financing
This type of financing works for any company that bills customers. Not only does it provide free credit insurance to qualified borrowers, but it also comes with no hidden fees, non-recourse, no fixed payments, and no personal guarantees. In most cases, you can expect to receive your cash within 24 hours of being approved for the loan.
Contact Us to Get Started
Accounts receivable financing is a great option if your business bills customers for goods and services within 90 days of providing them. Royall Capital Funding is ready to customize a loan solution to benefit your business, so contact us today to discuss your needs.