It is hard to keep your business running smoothly when the revenue you rely on gets tied up in unpaid invoices. When your clients miss or delay payments, it ties up capital you could otherwise be funneling back into your business. Invoice financing lets you get paid from your invoices without delay, increasing your cash flow without the need to wait.
Invoice financing, also known as Accounts receivable financing, can help ease the burden of immediate expenses by increasing your cash flow.
The lender typically advances an estimated 80% of the total value of those invoices. Some financers may advance the total amount (100%) of your outstanding invoices.
Precision Lending Group works with multiple Asset Based funding sources and offer variety of Invoice Financing and Inventory Financing solutions based on the unique needs of business owners, offering more flexibility than traditional financing options.
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