Financing Your Receivables to Access Working Capital

When you need to keep cash flowing through your business, it can be hard to pinpoint exactly the right financing to deliver you the working capital you need without putting your company’s other financial plans into jeopardy. Loans are meant for longer-term solutions, after all, and they are usually tied to an asset. And that’s where accounts receivable financing can help.

Financing Receivables to Protect Your Cash Flow

When you finance your accounts receivable, a Wexum associate will review the total outstanding balances on your customer accounts and their underlying payment histories. That allows us to calculate the total amount that can be made available to you as an advance. When repayment comes in, our financial partners will process it, take our fee and recoup the advance, and pass the remainder on to you.

Benefits of Accounts Receivable Financing

  • Provides payment insurance on your customer accounts at no additional cost to you
  • Allows you to outsource your accounts receivable management, allowing you to streamline expenses and focus on your core business
  • Reusable and it is easy to build the costs into your job quotes
  • No loss of equity or long term debt associated with this financing solution

Wexum Can Help

Whether you need access to $100 thousand or $1 million or more, contact us today to discuss financing your accounts receivables.