ACCOUNTS RECEIVABLE FINANCING

WORKING CAPITAL FINANCING

Have Readily Available Access to Cash

Sometimes, you need credit to help keep cash flowing through your business, and there’s no helping that. Most businesses encounter this challenge as they grow, and it’s actually more likely to happen when you are busy and successful than it is when you are struggling. The more customers or larger invoice balances you have, the more likely that you will be waiting on critical payments when you need to be able to count on cash being available. That’s where an asset-based line of credit is most useful.

Asset Based Line of Credit Keeps Your Cash Flow Moving

With an Asset Based Line from Derix Capital Finance, you can access up to 90% of the value of your receivables through an interest-only revolving line of credit. Don’t put your finances in a bind trying to juggle your cash on hand waiting to collect 30, 60, or even 90 days of sales revenue. Use your ABL to cover your current costs, and keep your business moving forward.

Eligible Collateral:
• Accounts Receivable
• Inventory
• Machinery and Equipment

Line of Credit Size
• $250,000 to $30,000,000

Advance Rates
• 70%-90% (depending on credit)

Accounts Receivable Financing for Cash Flow Management

Turn Your Receivables into Cash Sooner with Factoring

When you finance your receivables, you receive a cash advance against money you are owed, and Derix Capital Finance associates take over collecting payment on those accounts. This lets you put that money to work when you need it without worrying about incurring new debt. After payment is collected, the advance and our fees are deducted, then you receive the rest. The faster your customers pay, the more you get in your second payment.

Advantages of Financing a Company’s Receivables

  • Outsource accounts and collections to streamline your business
  • Predictable costs make it easy to include fees in estimates
  • Access your money when you need it
  • Payment insurance on your customers
  • No loss of equity
  • No new debt on your balance sheet

Contact us to start an application today.