Accounts receivable financing, or Factoring, is the purchase of accounts receivable invoices at a discount. If you sell your products or services to businesses that pay in 30, 60, 90 days or more, Wadsworth Capital Group has a liquidity solution for you. We can finance companies that are start-ups, losing money, or in bankruptcy because accounts receivable financing is based on your customer’s credit, not yours. This is not a “debt.” You are selling an asset. But it is more than just an asset sale; it is like outsourcing your accounts receivable department. Factors provide valuable services. They check your customer’s credit for you and notify you of bad risks and they provide detailed monthly statements. Qualifying accounts even get free credit insurance.

 

   

   Cash in 24 hours

   No personal guarantees

   We finance any type of business

   No recourse even if the account does not pay

   Credit insurance on your clients at no cost to you

   No arbitrary loan board decisions

   No Fixed Payments

   As sales and receivables increase, funding Increases

   Focus on your business, not collections

   Take advantage of early payment or bulk purchase discounts from your suppliers

   Ability to service large and / or unexpected orders

   Accounts receivable financing is more flexible and quicker than bank    loans

 

Use The Money To…

 

   Fund payroll or other operating expenses

   Purchase inventory to take advantage of bulk/early payment discounts

   Fund expansion and growth

   Respond to seasonal demands and opportunities

   Take on that large new account with confidence

 

Contact us today, and one of our financial specialists will give you a no-cost analysis of what we can provide for your company.