Biz Com Loans Offers Accounts Receivable Financing To Dallas, TX Businesses
Accounts receivable financing provides Dallas area business the power to convert open customer invoices into working capital without having to wait on customer payments or aging windows of 30 days or longer. Accounts receivable financing – also referred to as “factoring” or “AR financing” – is a method of getting Dallas entrepreneurs the revenue they are owed without having to resort to collection services or bank loans to fill in gaps in cash flow. Biz Com Loans offers fast accounts receivable financing to our clients, and our AR financing programs can give your business an advantage when capital is needed for time-sensitive opportunities or financial obligations.
Why Wait For Payments From Customers?
Biz Com Loans is committed to fast and effective financing solutions. As such, we can arrange accounts receivable financing for Dallas businesses in under 24 hours, as opposed to waiting 30 days or longer for customers to remit payments. Accounts receivable financing is also much faster than bank loans, which can take weeks or even months to process and disburse funds.
In order to put accounts receivable financing, bank loans, and customer payments into perspective, consider the following:
- Accounts receivable financing has fast approvals to get your business the capital it needs within days, rather than weeks or months
- Customer payments can take between 30 days and 120 days depending on the aging period on invoices
- Bank loans have very high requirements including detailed credit checks and financial histories (such as payments received)
- Accounts receivable financing streamlines the accounting process, giving Dallas businesses one centralized revenue source, instead of having to track customer payments across multiple accounts.
Accounts Receivable Financing If Different From A Bank Loan
Accounts receivable financing from Biz Com Loans is debt-free and requires no credit checks. This is in contract to traditional bank loans which place debt on the balance sheets and have stringent requirements. Our accounts receivable financing program is designed to get Dallas, TX business owners the capital they need from open invoices, rather than taking on debt, getting locked into payment schedules, or having to suffer through a strain on cash flow due to lack of payment. Our accounts receivable program is designed to preserve credit ratings, and provide businesses with the revenue they are owed, without having to send out constant reminders or place uncomfortable phone calls to customers in order to track down payments.
The major advantages of using accounts receivable financing from Biz Com Loans include:
- Fast working capital without taking on debt
- No fixed monthly payments
- Flexibility in financing
- Submitted invoices are converted to cash within 24 hours
- AR financing does not rely on the credit ratings of your business
Get AR Financing Today
Whether you need to meet payroll, order supplies from vendors, launch a marketing campaign, or simply amass growth capital, Biz Com Loans can get you the revenue you are owed with our accounts receivable financing program. If you have open invoices and own a business in Dallas, TX, then our program is the perfect fast and effective solution. Give us a call today and get the money you are owed.