Is Accounts Receivable Financing You?

restmark’s Accounts Receivable Financing

Accounts receivable financing (A/R financing), sometimes known as ledgered lines of credit, is a great solution for businesses that need more cash availability that is not available from traditional lenders. Many companies need additional cash flow to support seasonal demands, growth, business opportunities, or solve a short-term cash need. Accounts receivable financing provides your business with flexible and immediate cash that will give your business the opportunity to grow, restructure, take advantage of supplier discounts, hire additional employees, or even to fund payroll. With our accounts receivable financing options, you can access cash without having to give up equity in your company, and it is less restrictive and expensive than equity financing. A/R financing can increase or decrease based on your current business size and needs, allows you to gain administrative support to manage your receivables without additional staff, and gives you access to cash when you request it (based on your eligible accounts receivable).

Accounts Receivable Financing Highlights

Primary Transaction Size	Start-ups to $5 Million
Business Credit Type	Accounts Receivable Invoice Financing
Advance Formula	Up to 90% of eligible Accounts Receivable
Advance Frequency	Weekly (or as often as daily)
Services	Customer credit reviews for new and existing customers Invoice processing Collection services (in some cases) Customized management reports
Accounts Receivable Financing Benefits	Are flexible, can increase as your business grows, and can decrease when you choose Make it easy to transition back to conventional banking Make paying off loans and making payroll worry-free Allow you to meet seasonal demands Give you the opportunity to reinvest in business and fund marketing to grow your business Receivables management allows you to focus on your core business Allows you to take advantage of volume or early payment purchase discounts
Crestmark’s A/R Benefits	Competitive pricing Fast response time including:             Proposal turnaround within one day             Closing in as early as 7-10 days             Cash for invoices within 24 hours

How Accounts Receivable Financing Works

After you invoice your customer for goods or services completed you provide Crestmark with a copy of the invoice and supporting documentation. Crestmark may then advances up to 90% of the eligible invoice to you, often within 24 hours. Our professional and efficient invoice management team follows up to help ensure that your customer pays according to your invoice terms. Once we receive your customer payment, we’ll release the remaining 10% to you, less an administrative fee. And, with our timely detailed web-based reporting, you can check to see who has paid and who has not 24/7.
This accounts receivable financing process will free up valuable time and allow you to what you do best, service your customers and generate new business. Receivables management is proven to shorten payment turnaround time, which in turn, ensures better cash flow for your company and reduces interest expense. It also facilitates increased communication with your customers in a positive and professional manner, thus allowing you to stay on top of damaged goods, lost shipments, misplaced or disputed invoices, or keeping payments current.
And, because accounts receivable financing allows you to access more cash as your business grows, or less if you need less, you can ask us to either ramp up, or scale back as you deem best for your business.