If you have to wait 30, 60, or even 90 days to receive payment from your customers or clients after finalizing a sale, you realize how harmful this can be to your company’s cash flow and operations. Fortunately, at Prime Global Funding LLC, we have a solution. Through our accounts receivable financing program, funders can buy your receivable accounts at a discount and provide you with immediate capital.
The Benefits of This Program
As opposed to acquiring a small business loan, there are many advantages that come from financing receivables. These include one or more of the following:
Most importantly, by financing your company’s receivable accounts, you can stop focusing on collections and start focusing on running your business and enhancing its profitability.
How to Use the Capital
Even though you can use the funding you acquire through this program however you desire, funders typically suggest using it to fund the growth of your operations, manage payroll and operating expenses, take on seasonal demands with confidence, or take advantage of bulk and early payment discounts on inventory. To find out more about this program and how it could benefit your business, contact us at Prime Global Funding LLC today.