Using Accounts Receivable Financing for Your Business
Financing is a great tool that all small business owners can take advantage of. Of course, the best way to use a loan to your advantage is to select the right kind. Each type of loan is useful for a different situation. The accounts receivable financing is designed to help business owners take care of unexpected expenses as they pop up. Because this is the purpose of financing receivables, the processing time is very short so you can get capital as quickly as possible. Turn to Greenfield Capital Partners to learn more about this and other types of small business loans.
How it Works
The biggest difference between financing receivables and other kinds of loans is what is used as collateral. You submit your unpaid invoices in order to receive that money immediately. Then, when it is time for your clients to pay their invoice, we collect from them instead. This makes it essentially impossible for you to accumulate debt.
- Simple qualifications
- No fixed payments
- Short processing time
- Simple process to repay
- More flexible options
If you think your business could potentially benefit from accounts receivable financing in the future, give us a call. We are always happy to answer any of your questions. You can trust Greenfield Capital Partners to provide you with the capital you need.