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Speak With Our Funding Experts Today(800) 380-6858
Are you a small business looking for working capital? Are your clients’ government or commercial businesses that have excellent credit but take too long to pay? Is bank financing not an option? If you answered yes, non-recourse invoice factoring is the solution to fuel your business. Receive an advance up to 90% of the accounts receivable amount the day work is completed or the service is performed. When you invoice your customer get the cash flow you need – fast and simple!
Who can afford to wait 45 to 75 days to get paid? Invoice financing is the solution to meet payroll, pay taxes, buy raw materials, pay suppliers or cover critical expenses to keep your business functioning.
Our usual invoice factoring fee ranges between 0.65% – 3% per 30 day period, depending on volume and your contracts with vendors. Up to $8 million monthly can be advanced to you.
Our primary concern is the strength of your company’s accounts receivable and the ability to purchase the accounts receivable free of any liens. We accomodate even the most difficult deals. We are able to help companies who, traditionally, have struggled to obtain financing. They include those with the following:
-Negative Net Worth
-Balance Sheet Issues
-Debtor Concentrations – including single debtor
-Poor History/Credit Scores or Bankruptcy
-Tax Liens (must be on an accepted payment plan with the IRS)
Upon receipt of your application and financials, we will draft a customized proposal that outlines fees and your account structure. Once we receive the signed proposal back, it takes approximately 5-7 business days to complete the underwriting and approval process.
© 2018 Timestar Lenders 4710 Auth Place, Suite 625 Camp Springs, MD 20746