Grow Your Business with Accounts Receivable Financing

Accounts receivable financing allows businesses to sell their invoices for working capital. Not every company is in the financial position to take on another loan or lease. We understand that every business is different and requires a unique approach to funding. Find out how accounts receivable financing can help your business confidently move forward.

Who Qualifies for Accounts Receivable Financing?

Businesses that need liquidity and sell products or services to customers with invoice repayment options for 90 days or more typically qualify for funding. Your financials aren’t the priority since the financing receivables are based on the customer’s credit. This form of financing is ideal for:

• Companies losing revenue
• Companies in bankruptcy
• Startups
• Less than perfect credit

Who Finances Accounts Receivable Funding? 

Chess Capital finances funding by purchasing your discounted accounts receivable invoices. We take care of settling the accounts, and you can use the money within 24 hours for your business. You can allocate the funds as you see fit, including but not limited to:

• Expansion costs
• Payroll
• Inventory
• Operating expenses
• Early payment

Who Benefits from Accounts Receivable Financing? 

Any business that needs working capital with less than ideal financials will benefit from accounts receivable financing. Other companies with excellent credit will also benefit from the fast funding and hands-off approach to settling invoices. Other benefits include:

• No-cost credit insurance
• No fixed payments
• No recourse
• No loan board decisions
• No personal guarantees

To learn more about accounts receivable financing for your business, contact Chess Capital today.