Financing Receivables to Manage Cash Flow

Accounts receivable financing has been a crucial resource for small companies for generations. Originally called factoring, receivables financing involves an advance against money you are already owed. In its contemporary format, financing receivables will give you an advance on invoices for work that’s already completed or goods that have been delivered. Financing purchase orders, while also a sound strategy, is not quite the same, and it’s important to know when you need one form of financing versus the other.

Outsource Your Receivables

The best part about factoring is its ability to streamline your core operations. When you finance your receivables, our team takes over collecting your payments, and they deduct the advance and our fees before passing the profits on to you. That way, you can focus on finishing work for your customers without having to invest a lot of resources in collections.

More Benefits of Accounts Receivable Financing

In addition to the extra money and the streamlined accounts department, businesses who use this financing model also enjoy these great benefits.

  • Reusable financing—contact us about future invoices as needed
  • Payment insurance on your customers
  • Predictable costs are easy to factor into quotes
  • Improve your cash flow so you never miss important payments
  • Never turn down work because of cash tied up in invoices

For more information or to start an application, contact a Nanaki Capital associate today.