Accounts Receivable

Expanding Your Business With Accounts Receivable Financing

Rapid growth is a good thing for small companies. One major challenge, however, is having the cash flow to keep up. That’s where Skogen Capital Lending’s accounts receivable financing can help. This tool enables you to meet production needs and keep your business moving by providing speedy and versatile funding.

The Lowdown on Receivables Financing

Your unpaid customer invoices are a consistent source of cash. On your company’s balance sheet, they’re listed as current assets. But you must wait 30 to 90 days to receive payment. You can’t get cash from them right away…or can you?

Financing receivables allows you to convert those unpaid invoices to cash by selling them to us at a discount. This method lets you access their liquidity much sooner. Most clients get their cash within 24 hours and enjoy several other advantages:

  • No-cost credit insurance for eligible accounts
  • No personal guarantees
  • No recourse required
  • No fixed payments

As your sales revenues grow, more funding is available from financing receivables. It’s scalable, able to grow with your enterprise as its needs change.

Contact Us Today

Small businesses like yours can benefit from accounts receivable financing. Skogen Capital Lending offers several other commercial finance solutions that can help your enterprise thrive and grow. Talk to our certified financial specialists now to learn more or apply.