Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for.

Accounts Receivable Financing allows a business owner to accelerate cash flow by borrowing against their open invoices. The lender secures the debt by placing a lien against the business’ A/R as well as other business assets. In return the business owner receives cash in advance of payments due from their customers. BFC’s can make 1 point or more on the amount financed plus additional fees from the borrower.

IMPORTANT NOTICE *

This is a supplemental site and does not replace your access to our Senior Loan Officers who provide even more specific information and pre-screening of your loans prior to submission to our lenders.

To contact a Senior Loan Officer call 1-800-367-4152