The amount you can borrow is determined by the creditworthiness of your customers and their ability to pay for products or services rendered by your business.
Accounts Receivable Financing
Accounts receivable financing is a way to get cash from your customers. It is a type of asset-based lending, meaning that the lender advances funds against your company's accounts receivable. The amount you can borrow is determined by the creditworthiness of your customers and their ability to pay for products or services rendered by your business.
The lender will advance funds against an account that has already been invoiced and received payment but not yet paid in full.
