At 1st Commercial Credit, our accounts receivable lending (Or Advancing) service is a flexible source of funds for businesses.
We specialize in financing the growth of distributors, manufacturers, service providers,
transportation companies and exporters. Lending on accounts receivable is what we do by advancing funds
against your accounts receivable. Due to our expertise and knowledge in the industries we fund, we can provide higher advance rates and
competitive fees. Accounts receivable lending is not a loan as most people refer, it is more like and advance or purchase of the
receivable, so there is no need to make payments or create debt to your business.
1st Commercial Credit offers:
Creative financing structures responsive to the unique characteristics of your business.
Streamlined credit committee structure that can provide you with rapid and decisive response the same day.
Credit line increases in conjunctions with your sales growth.
Account Receivable LoanRates as low as 2 points
over prime rate and admin fee
Call now for details at 1 866 524 8080 (24/7) and
request a quote.
What kind of business can qualify for accounts receivable loans?
Any business can qualify for an accounts
receivable credit line If:
Sell credit worthy businesses.
Have not pledged accounts receivable as collateral.
Sell to commercial accounts (or generate consumer contracts).
Most of our clients are either:
fast growing companies whose past earnings and sales histories will not justify the increased borrowing necessary to acquire needed raw materials and supplies.
start-up operations with no financing base to rely upon or
companies with seasonal or uneven sales patterns.
Principals with bad credit and cannot obtain traditional financing.