What is Accounts Receivable Financing?

Accounts Receivable Financing is when a company turns its A/R (accounts receivable) into ready cash versus waiting 30, 45 or even 90 days for their monies. Banks and Asset Based Lending (ABL) finance companies offer this short-term business funding based on your company’s good A/R using a formula of availability (borrowing base). There may also be spot verification to determine the quality of your accounts receivable.

Five Tips for Following Up on Accounts Receivable

It can be one of the greatest frustrations of owning your own trucking comp...
Read More

The Advantages of "One Stop” Purchase Order and Accounts Receivable Financing

Most commercial financial transactions follow a well-established process A ...
Read More