Accounts Receivable Financing
Accounts Receivable Financing
Accounts receivable financing allows you to secure money against your receivables, in as little as 24 hours. Rates can be less than 2%, and loan amounts are as high as $20 million, even if your personal credit score is less than 500.
Typical Process
To qualify for accounts receivable financing, your business must be open for at least 12 months.
The lender will verify your accounts receivables, and they will also review the companies that owe you money. If they have a good history of paying their debts, you can easily be approved for an upfront advance of up to 80% of your receivables amount. The remaining 20% (minus fees) will be issued to you upon the invoice being paid by your customer.
Program highlights
- 24 hour pre-approval
- Receive an advance of 80% of your receivables
- Receive the other 20% (fewer lender fees) after the invoice is paid
- Rates less than 2%
- Easy accounts receivables review for approval
- Bad credit is ok
SIMPLE APPLICATION
Use our simple 60 second online application can get you matched with offers in minutes.
No Minimum FICO
Bad credit? No problem! Most of our top financing options have no minimum FICO.
Larger Amounts
Get matched with the best financing options with the highest funding amount.
Same Day Funding
We can get you in and out of underwriting in just a few hours and funded the same day!
Get Started Today & Speak With An Advisor
Have Questions?
Speak with a Benoah Capital business financing advisor today!
Our business financing advisors will help you find the best options for your business in order to get you the maximum amount, lowest interest rates, and best terms available. We are here to explain and guide you through every step of the process.
Contact us today at 404-254-6555
