Using Accounts Receivable Financing to Manage Cash Flow
If you are looking for a renewable cash advance you can count on whenever you have customers with outstanding invoices and new orders, you need to check out your options for accounts receivable financing. When you get involved with financing receivables, your lender takes over payment collection from your customers, so you get to outsource your accounts and streamline your operation without any additional cost.
Benefits of Factoring
One of the biggest benefits is the ability to finance invoices as needed and at your own discretion. There are options to finance all your accounts or to selectively finance certain customers, and our team takes care of collecting, so you just get a check for the remainder after your advance is repaid and our fees are deducted.
Working Capital For Any Purpose
It doesn’t matter where in your cash flow process the hiccup is occurring, an advance against your outstanding accounts will put your money in your hands so you can meet your commitments.
- Accept new orders
- Maintain staffing to keep operations going
- Pay vendors
- Stock up on supplies and inventory
- Prepare for seasonal demand
Take control of your cash cycle today. Contact the Viva Capital Group team to start an application. Our team members can also answer any questions you have about accounts receivable financing.