ACCOUNTS RECEIVABLE FINANCING
Boost Your Cash Flow
with Invoice Financing
Accounts receivable financing – or factoring – was first used in ancient times. While the methods have adapted to technology and the needs of modern businesses, the fundamentals are the same.
How Accounts Receivable Financing Works
Businesses spanning every industry regularly issue invoices with staggered payment schedules of 30, 60, or even 90 days. Waiting on customers to pay the balance can place downward pressure on cash flow. Accounts receivable financing from Wingspan Funding Inc. eliminates long waiting periods by converting unpaid customer invoices into cash and making funds available within 24 hours.
Businesses that use accounts receivable financing from Wingspan Funding Inc. include:
- Staffing agencies
- Manufacturers
- Tech firms
- Law offices
- Medical practices
- Trucking companies
- Distributors and suppliers
The Major Benefits of Accounts Receivable Financing
Accounts receivable financing is not a loan. No debt is placed on the balance sheet and credit scores are not impacted. The process is a simple exchange of unpaid receivables for capital, so there are no long processing times or arbitrary loan board decisions. Accounts receivable financing from Wingspan Funding Inc. features:
- Funds within 24 hours
- No upper limit on the volume of invoices you can submit
- Free credit insurance on qualifying customer accounts
- Preserve credit ratings
- Boost cash flow
Accounts Receivable Financing in Easy Steps
Step 1: Sell your product or services to your clients
Why Choose Us?
Accounts receivable financing is a perfect fit for businesses that want to ensure strong cash flow. Build up capital reserves for growth, automate the accounting process, and pivot away from debt-based loans. Contact Wingspan Funding Inc. today to get started.