Discover How Our Accounts Receivable Program Can Help You Succeed
At Synergy Commercial Funding, we are proud of our accounts receivable financing program and how it helps business owners with their cash flow needs. Through this program, you can offload receivable accounts you no longer want to worry about. For example, if you have accounts that remain unpaid for 90 days or more, you may decide that you’d like to sell them for a discounted price so that you don’t have to worry about collecting on them. You can sell those accounts to us and we’ll pay you for them within 24 hours.
Benefits of This Program
One of the top benefits of our financing receivables solution is that it gives you money without requiring you to go into deeper debt. Instead of taking out a loan, you simply sell us an asset (your receivable invoices) in exchange for quick cash. Here are some additional benefits associated with our accounts receivable program:
- Funding that can increase as your receivable invoices increase
- Financing for all types of businesses
- No recourse or personal guarantees
- Free credit insurance for qualifying accounts
- Funding to help you fulfill unexpected orders
- No fixed payments required
If these benefits sound appealing to you, reach out to us and we’ll tell you more about our accounts receivable program.
When your business needs immediate cash for growth, and you have outstanding invoices. Accounts-receivable factoring can help.
Accounts receivable financing is a service typically used by factoring companies to give small businesses access to business capital. It works by factoring unpaid invoices so that small businesses get paid quickly. Rather than waiting weeks or months for customers to settle the amount due, factoring companies supply the cash upfront so that business owners can take advantage of opportunities and growth without waiting on late payments. This type of financing is often chosen over traditional loans for its quick turnaround and flexibility when it comes to repayment terms. In fact, invoice factoring takes away the hassle and risk of collecting on overdue accounts, allowing businesses to focus on operations instead of chasing down payments.
Advantages of Invoice Factoring
- Increase your confidence to take on sizable orders from bigger, slower-paying customers and have immediate cash.
- Synchronize your revenue and expenses cycles and ease the burden on cash flow.
- Expand and diversify your customer base by taking advantage of our credit research service.
Proven Factoring Results You’ll Like
- Improve your bottom line: Factoring can help you boost profitability by improving the quality of your customers and increasing sales volume.
- Avoid financial roller coaster rides and reduce stress: Factoring provides a stable, predictable flow of cash that helps you avoid the ups and downs of seasonal changes or relying on one critical customer.
- End your dependence on one critical customer and minimize the impact of the 800-pound gorilla: Factoring gives you the freedom to grow your business without being held hostage by any one client.
- Enhance your company’s reputation and take advantage of every possible trade discount: A good credit history is essential for success in today’s competitive market – factoring can help you build (or rebuild) yours while taking advantage of discounts offered by suppliers
