Full Service

Accounts Receivable Finance

Our lenders offer a new breed of Receivables Outsourcing Services, offering a customized flat fee receivables collection service ideally suited for small to medium sized businesses. Our lenders offer unique receivables collections with a virtual back-office solution, that will collect receivables, generate consistent cash flow for your business, and will be more cost-effective and dependable.

Here is a summary of how the process works:

You invoice your customers exactly as you do now however you forward the invoices to us for processing. We stamp and mail your invoices to your customers. We then make two payments--the initial payment is up to 80% of the invoice value which we pay you 2-3 days after we receive your invoicing. The remaining balance, less our fee, is paid upon receipt of payment from your customer.

Operating as an extension of your accounting department we manage the accounts receivable. Collection of invoices is done in accordance with your existing credit policies and terms. We safeguard existing client-customer relationships, recognizing that customers are our clients' most important assets.

You have some concerns and here are the answers to some of your questions:

Question: But aren't you more expensive than the bank?

Answer:  Yes, however included in our fee is the management and collection of your accounts receivable and the free advice from our group of Associates. And we hold your accounts receivable as security not your house.

As part of the process we will work closely with your company to arrange a fee that ensures that you will, after payment of our fee, make more profit than you will currently without the benefits we offer.

Question: How much do you charge?

Answer: Our fee is determined by three variables; the quality of your customers, the amount of funds you require up front and the time we estimate will be involved in managing your accounts receivable. Therefore, our fee is normally in the range of 2% - 5% of the invoice value.

Question: What do you tell my customers?

Answer: Our clients write a personalized letter of introduction to all of their existing customers and introduce the new partnership with us. We actually have a positive impact on your customers as we can often eliminate potential disputes by confirming receipt of invoice within your payment terms. To ensure that we protect the close relationship you have established with your customers all contact with your customers are handled by phone and in a very professional manner.

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