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Rely on the power of your invoices to get you the cash you need, pronto.
Accounts receivable financing
Those slowpokes not paying up? Our Flexent division’s got your back. Turn those stubborn unpaid invoices into on-the-spot cash for growing your business, stocking up your shelves, or just giving your cash flow a little boost. Simple as that.
Features
Money in a Jiffy
Gain access to your funds at lightning speed, usually within 24 hours.
Your Choice of Amounts
Borrow what you need — no pressure to finance all your invoices.
Daily Updates
Keep track of your finances with daily updates on funded invoices and received payments.
Minimal Fees
Pay less than what a business usually shells out for credit card payments.
Benefits
- Compensates for slow-paying receivables
- Enhances operational efficiency and profitability
- Cultivates healthier relationships with vendors
- Sparks new business and growth opportunities
- No need to part with a slice of your company’s equity
INVOICES OUT. CASH IN.
How our Flexent accounts receivable financing program works
- Simply send Flexent a copy of your invoices, and if you qualify, we’ll advance you cash (80%–90%), usually within 24 hours.
- Our team manages the process and provides daily reporting of invoices funded and payments received.
- Once payment is received in our lockbox, the reserve amount is released back to you on a regularly scheduled basis, less any accrued fees.
Asset-based Lending
Asset-based lending, secured by a company’s accounts receivable and inventory, is a great alternative to traditional borrowing. For cash needs of $500,000–$4,000,000, Flexent can advance your business 80%–90% of accounts receivable and up to 50% of that amount on inventory.
Benefits:
- Quick access to cash with a true asset-based loan
- Competitive rates that save on interest and fees
- Flexible draw amounts — just access what you need
- No need to give up equity in your company
Interested in financing through Flexent?
Call us directly to learn more or visit the Flexent website for additional information.
Kevin Wood, Managing Director
804-695-8247
Teresa Stewart
804-695-8219