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Benefits of Accounts Receivable Funding

How Accounts Receivable Funding can help your Business!

A Working Capital Line-of –Credit gives you access to immediate cash!!!

No longer will you be forced to wait 30, 60, or 90 days for payment on your invoices. The instant cash created by A/R Financing can be used to improve the cash flow and profitability of your business. Any business can benefit from A/R Financing- from small start-up operations, to large established companies. In fact, any business with accounts receivable can utilize A/R Financing to stimulate their growth and profitability.

Some of the additional benefits of A/R Financing are:
  • Summit turns your Accounts Receivable into INSTANT Operating Cash.
  • Increase your buying power by enabling you to take advantage of cash purchase discounts.
  • Improve your credit rating by giving you cash to pay your bills sooner.
  • Provide you with working capital so you can hire qualified employees and purchase state-of-the-art equipment.
  • Help you meet payroll and tax payment obligations.
  • Summit bases credit limits on your customers’ credit worthiness, not yours!
  • Summit can function as a client’s receivable department. By doing so, the client will save time and money by focusing attention on sales & production.
  • Summit provides you daily and weekly reports that help you manage your business more efficiently.
  • No lengthy application process with approvals and cash within 24 hours for many of your customer’s invoices.
 
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