Account Receivable Factoring

Interest Rates

Starting at 3%

Funding Amount

$50K - $10M

Funding Term

Up to 24 Months

funding Speed

1 - 2 Weeks

Annual Revenue

$250K+

Credit Score

550+

Time In business

1 Year+

Account receivable factoring, also known as accounts receivable financing is a situation where a business will sell it's accounts receivable to a third party, known as a factor, the account receivable are sold for a price that's lower then the total account. Example: You have a contact with the City for $20,000, you do the work and submit an invoice to be paid in 30-60 days, a factor will buy the invoice from you and will pay you the $20,000 upfront minus 3% ($600) and will wait to receive the amount from the City

Accelerates your cash flow providing immediate (many times next day) access to capital for goods and services you delivered as opposed to 30, 60 or 90 days. Great for growing businesses. Provides immediate cash flow for growth; expand sales and marketing, add products and inventory, or additional production and service staffing. Your Accounts Receivable is the collateral. Unlike traditional bank loans, factoring doesn’t typically require you to pledge other business or personal assets as security. Greater availability of capital. An AR Facility will typically advance up to 85% or more of your invoice amount, as your business grows so can your total availability. Expense Savings and Enhanced Customer Qualification. Partnering with a Factoring company can save your Credit and Collections department’s time and effort. Unlimited capital – Factoring is the only source of financing that grows with your sales. As sales increase, more cash becomes available for you to use, which allows you to constantly meet demand. Take advantage of volume and early payment discounts – With improved cash flow, you will be in a position to take advantage of these discounts which directly effect the bottom line.

Factoring is a financial transaction in which a company sells its receivables to a financial company (called a factor). The factor collects payment on the receivables from the company's customers. Companies choose factoring if they want to receive cash quickly rather than waiting for the duration of the credit terms.

Click the Get Funded Now button bellow and fill in the basic information such as your info, the amount you seek to finance, your company invoice revenues and any invoices you would like us to factor (optional) and we'll get back to you with an approval including loan amount and terms within 24hrs in many cases in as as little as one hour

Leverage Fundings strives to get you approved, we have an excellent record of approval with nearly 97% approval rate, we know that no business is exactly alike and we take the time to understand your business model and tailor made a custom loan that will fit your business needs best, unlike traditional bank loans we look at a lot of different factors aside from just P&L, credit score, years in business, ect,. Leverage Fundings go above and beyond to look for alternative ways to fund you, including any assets, business equipment, monthly revenues, account receivable or your monthly merchant revenues to fund you with good credit, fair credit, bad credit or even no credit at all, with that said, sometimes it is still hard to fund some companies in this case we have a special program that allows us to get you funded even if the numbers don't look as good, in that case you may qualify for only 75% of the desired loan amount with higher interest rates

Interest Rates

Starting at 3%

Funding Amount

$50K - $10M

Funding Term

Up to 24 Months

funding Speed

1 - 2 Weeks

Annual Revenue

$250K+

Credit Score

550+

Time In business

1 Year+