Borrow against the strength of your invoices for quick access to cash.
Accounts receivable financing
Slow-paying customers don’t have to slow you down. Through accounts receivable financing from our Flexent division, you can turn your outstanding invoices into immediate funds for operating and expansion capital, inventory, improved cash flow, and other business needs.
Features and benefits
Features
Quick cash access
Get access to funds quickly, usually within 24 hours.
Flexible amounts
Draw what you need — no need to finance all of your invoices.
Daily reporting
Stay updated with daily reporting of invoices funded and payments received.
Modest fees
Pay less than what it costs a business to accept credit card payments.
Benefits
- Makes up for slow-paying receivables
- Drives operational efficiency and profitability
- Builds better relationships with vendors
- Opens new business and growth opportunities
- No need to give up equity in your company
Invoices out. Cash in.
- 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, 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