Accounts Receivable Financing & Factoring Loans
Accounts receivable is money which is owed to a company by a customer for products and services provided on credit. NeeBo Capital realizes many companies deal with Accounts receivable so we offer a product called accounts receivable factoring.This is often treated as a current asset on a balance sheet. A specific sale is generally only treated as an account receivable after the customer is sent an invoice.
NeeBo Capital features a assortment of business loans. We focus in invoice factoring programs for nearly any type of business you have. When you bill other firms for your merchandise, we now have factoring programs to suit your needs!
You'll find many types of loans readily available. NeeBo can buy your invoices, your accounts receivables. You can get your money immediately. We could even help you if you have tax liens or are in Chapter 11.
NeeBo can purchase your invoices, your accounts receivables. You get your money quickly!
What is Accounts Receivable Financing?
Accounts Receivable Financing known as factoring, is the sale of a company’s invoices at a discount. This is the method of funding used by by businesses to raise capital and increase cash flow quickly, without adding debt to the company.
It is usually used to fill cash flow shortages that occur between the time you invoice a customer for services or goods sold and whenever you receive repayment. It is utilized to control a company's accounts receivable collections and to effectively ease temporary cashflow issues.
It is very similar to out-sourcing your collections of invoices however with an added benefit that allows you to get up front on outstanding invoices in 24 or 48 hours after approval while you still can allow your customers 90 days to pay. It will allow you to get more customers, and alleviate your attention to incomming payments and focus on growing your business.
To get started, please visit our contact page or call 888-382-3766.
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|Purchase Order Finance||Accounts Receivable Finance||Asset Based Lending|
General Articles about Accounts Receivable Financing and Factoring:
» 08/01/2012 Debt Financing or Off Balance Sheet Financing?
» 09/15/2011 What to know when selecting a Factoring Company