Accounts Receivable – 1st Industrial Commercial Lending & Consulting

Financing Receivables for Cash Flow

When you have a growing business, one of the biggest signs that you are doing well is when you start having trouble meeting all the orders that are coming in. It means you are in demand, but it also means you need to be ready to grow, and the first step in achieving sustainable growth is finding a way to keep cash flowing through your operation. When you get busy, it is easy to wind up in a cash flow crunch that is caused by having too many outstanding accounts.

How Accounts Receivable Financing Helps

Financing receivables means getting your money when you need it. 1st Industrial Commercial Lending and Consulting associates review your outstanding orders and your customers’ payment histories to determine what kind of lump sum to make available as an advance. Then, when payment comes in, our service fee and the original advance are deducted before the remainder is passed on to you.

Benefits of Factoring Advances

Payment insurance on your customers at no extra cost to you
Increase your volume of business by better managing your cash flow
Take on larger orders more consistently by building in factoring costs
Fast and flexible
No loss of equity or long term debt