As Your Business Grows
We Deliver The FUNDS
We Deliver The FUNDS
Accounts Receivable Funding is not a loan. It is a funding option that allows your company to rely on the invoiced credit term sales you have already generated to credit worthy customers.
Start Today and get initial funding in 3 to 5 working days. No financials needed, no up-front fees to set up, it is that easy.
At 1st Commercial Credit, we have the solutions you need to improve your company's cash flow issues. We offer an accounts receivable funding services that many business owners did not know was available. This financial service utilizes your invoiced sales that offered credit terms to clients (Net 30 Days), and provides your business with the cash you need to pay your bills today rather than waiting for a check to come in.
Cash flow is something that everyone can understand, but it can affect different people in different ways. When your personal cash flow has slowed down, you have options such as credit cards and personal loans to choose from to solve the problem. But when your business starts to experience cash flow problems, the domino effect can cripple your business and leave your company facing a series of financial challenges.
Every business owner would have to agree that the best way to get a company out of financial debt is to be able to collect on outstanding invoices when they are due.
We can start funding your receivables to help you get your cash flow kick-started and get your company out of financial trouble.
Funding accounts receivable means that we advance you anywhere from 80% to 97% percent of the face value of your outstanding invoices depending on your industry and number of clients you have. The balance is sent once we get paid by your client minus our fee. We fund you the money you need using your receivables as collateral, which means that you are not taking on any new debt. Accounts receivable funding is your cash flow resource that gets you the cash you need without having to add more debt to your company's bottom line.
Funding accounts receivable means that we advance you anywhere from 80% to 97% percent of the face value of your outstanding invoices depending on your industry and number of clients you have. The balance is sent once we get paid by your client minus our fee.
We fund you the money you need using your receivables as collateral, which means that you are not taking on any new debt. Accounts receivable funding is your cash flow resource that gets you the cash you need without having to add more debt to your company's bottom line.
1st Commercial Credit is an internationally recognized leader in accounts receivable funding for small to medium-sized businesses. We are experts at getting your outstanding invoices to work for you instead of against you. We can help your business regardless of its size and no matter how long you have been in business. We can help you even if you just opened your doors this morning. As long as you have legitimate outstanding invoices payable by credit worthy clients, then we can fund your receivables.
Our online application is available 24-hours a day and seven days a week. We always have experts on hand to answer your questions and help you get the money you need. We can advance you anywhere between $10,000 to $10 million depending on your industry, company size and credit available.
The biggest misconception about funding your receivables is that it is only something that should be done when your company is in trouble. There are a lot of different reasons as to why receivables funding is the ideal solution to your cash flow problems, and they are not all associated with business problems.
If your company is growing so fast that your cash flow can no longer keep up, then funding accounts receivables is the ideal solution for you. When the invoices and order requests are pouring in so fast that you cannot finance them with the cash you have on hand, then you need invoice funding to help you get the cash you need.
A company that is relatively new may have plenty of outstanding invoices, but it does not have the credit score necessary to get funding from a bank. When you are funding your receivables, you don't need bank financing to achieve your company goals. You can utilize the money from your own invoices to push your company towards success.
If you have lost your line of credit for any reason, then contact 1st Commercial Credit and we will show you how funding receivables can replace your line of credit and keep your company out of debt.
If you have to tell customers that you cannot fulfill their orders because of your cash flow problems, you should contact a factoring company about accounts receivable funding. Many businesses have sales cycles that result in periods of the year when the cash flow is slow. Your business can navigate those sales cycles without issues when using receivables funding to get the cash you need. Many industries experience seasonal sales, and this situation can cause some financial trouble at some point. Industries involved in producing durable goods, including heavy equipment and raw materials, are typically cyclical.
Another type of business that is highly sensitive to the business cycles include the following:
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