Accounts Receivable Financing
Accounts Receivable Financing Through Next Gen Commercial Capital
Any company that sells products or services and collects payments over time periods of 30, 60, or 90 days could suffer financially while they wait for their payments to come flowing in. Unfortunately, a company looking to expand and grow could get stuck in a rut while they wait. The good news is that at Next Gen Commercial Capital, we offer accounts receivable financing to get those companies out of the jam they are in. Through our liquidity option, we basically outsource the receivables department by purchasing the invoices. It does not accrue debt for the company, as the loan is based on the debt of the customers.
There are many benefits of outsourcing in this way, with the following being just a few of those benefits:
- There is no fixed payment
- Funding immediately increases
- We finance a variety of business types
- You will have your cash in 24 hours in most cases
- Financing receivables is a quick process
- You can focus on other aspects of business
- There is no recourse
- Large orders are serviced more quickly
Additionally, there is no limit on what you are able to use the loan money for. Whether you intend to increase your payroll, expand a warehouse, add new inventory for seasonal demands, or more, the funds are yours to do as you wish.
Contact Us Today
For more information about receivables financing, contact Next Gen Commercial Capital today.