WORKING CAPITAL THAT WORKS
Invoice Financing uses your company’s receivables as collateral, letting you harness the latent cash flow in your unpaid invoices. When working capital is tight, invoice financing can be a key part of your ongoing cash flow strategy. SLR Business Credit can provide invoice financing against your accounts receivable, inventory, equipment, and even commercial real estate assets, making it easier to pay suppliers, take on new orders, and make payroll.
INVOICE FINANCING HIGHLIGHTS
- Uses receivables as collateral
- Allows for a custom asset mix of receivables, inventory, equipment, and commercial real estate
- Provides immediate cash flow
MORE OPTIONS FOR YOUR BUSINESS
SLR Business Credit moves quickly, with confidence, to provide your financing. We lend on a custom mix of assets, without regulatory restrictions, to meet your cash flow needs today.
What Is Invoice Financing?
How Does Invoice Factoring Work?
Invoice financing creates cash flow from unpaid customer receivables. With invoice financing, a business can access their unpaid invoices at a discounted rate to keep cash flowing to their bank account. Also known as accounts receivable factoring, invoice financing is best for business owners who have customers that do not pay for their goods or services immediately, in industries like manufacturing and service where they are selling customers a tangible, completed good or service.
QUALIFYING FOR INVOICE FINANCING
Businesses that invoice customers for goods and services that can be verified as “completed” are ideal candidates for invoice financing. Another key element for qualification is good credit, including a clean financial and tax background. If your business covers these qualifications, then you may be well on your way to get the cash flow your company needs from invoice financing.
learn more about INVOICE FINANCING TODAY!
Many lenders and banking institutions will require you to fill out difficult paperwork to get the cash flow you need for your business. SLR Business Credit team members are experts at making the process as simple as possible, so you can get the invoice financing that will help your company grow.
STEP 1 – INVOICES INTO CASH
Your business has outstanding B2B invoices from creditworthy customers, and you need increased cash flow now.
STEP 2 – CASH IMMEDIATELY
Once your business invoices are verified, SLR Business Credit typically wires 80-90% of your qualifying open invoices.
STEP 3 – REPEAT
Repeat when you have new invoices for unlimited working capital so your business has the cash it needs to grow!