Basic Capital Corp

accounts receivable financing is the selling of outstanding invoices or receivables at a discount to a finance or factoring company that assumes the risk on the receivables and provides quick cash to your business. the amount of value assigned to the account depends on the age of a receivable. a more current invoice will pay more. any accounts receivable over 90 days typically are not financed. accounts receivable financing is also known as accounts receivable factoring or accounts receivable funding. pass off collections: outsourcing your accounts receivable management to another company, frees up your resources to focus on other more productive activities such as selling. free up working capital: many companies have the majority of capital tied up in inventory. accounts receivable funding allows a company to free up capital tied up in inventory. quick financing: accounts receivable factoring will not require a business plan or tax statements. it's a quick form of cash often used