Rodino and Associates

Accounts Receivable Financing

Discover Your Company’s Hidden Capital Sources

When your company is facing financial struggles, your first reaction may be to turn to a traditional lender for a loan. However, your current financial situation could exclude you from qualifying for the financing programs traditional lenders offer. So, what can you  do?

You may not know it, but you’re likely sitting on assets that could be turned into financing tools. Consider your accounts receivables. You have money tied up as you wait for your clients to pay. Imagine if you could liquidate your Accounts Receivable (AR) right now, instead of waiting 15, 30, 60, or even 180 days! That’s what an Accounts Receivable Financing program does for you.

How Does AR Financing Work?

Here’s how this process works:

  • You Factor (sell your Accounts Receivables) to a factoring company at a discount.
  • The factoring company that purchased your receivables assumes the responsibility for collecting from your clients.
  • As you screen new clients in the future, the factoring company conducts credit checks to determine if they present a risk for non-payment.
  • If you chose a non-recourse option, you are not responsible for paying back any amounts your clients fail to pay back (which means you have built in insurance if your client doesn’t pay!).

It’s that simple! You outsource your Accounts Receivables to help meet your immediate expenses and secure the resources needed to expand your operations;  by doing so, the factoring company preserves your relationship with your clients by handling your collections process.

Factoring is just one of the many unique ways that Rodino & Associates can assist you in finding hidden capital sources for your business. Your company has untapped borrowing potential; you just don’t know it yet. Let us show you how to access it.. For more information on Accounts Receivable financing or any of the other funding tools, call and speak with one of our financial experts today.