When you have to wait 30, 60, or even 90 days to receive payment from your clients, your business’ cash flow operations can become seriously compromised. Fortunately, at Empower Funding Group, we have an effective solution. What you take advantage of our accounts receivable financing program, we will buy your company’s receivable accounts at a discount in exchange for immediate capital.
Benefits of This Program
There are many reasons why you should consider financing receivables. Some of the benefits associated with this program include some of the following:
- We are willing to finance the receivable accounts of businesses in many different industries.
- After we approve your application, we can provide your company with capital within 24 hours.
- By financing your receivables, you are not subject to the arbitrary decisions made by a loan board.
- When you finance your receivables, you can stop focusing on collections and divert your attention to running your operations.
In addition to these many benefits, accounts receivable financing is an extremely flexible financing option.
How to Use the Funding
Although how you use the capital your business acquires after financing your receivables is up to your discretion, we suggest using it to acquire larger accounts, manage your operating or payroll expenses, purchase inventory, or respond to season-specific growth opportunities. To find out more about how this program could benefit your specific company, please reach out to us at Empower Funding Group today.