Accounts Receivable Financing

There are many small to medium sized businesses that sell to their customers based on credit terms, which places obvious pressure on them when scheduled payments are delayed. In addition, if your business deals with larger corporations or government organizations, you may be expected to offer 30, 60, 90 day credit terms or even longer. In the meantime, your company still has to deal with everyday running costs such as paying payroll, utility bills, purchasing inventory, and purchasing equipment necessary to deal with increased demand. As a business owner, refusing credit terms is not an option, since without credit terms many clients will not purchase products or service from your business.

Business owners are aware that it is no longer necessary to apply for a line of credit from financial institutions. Accounts Receivable Financing, also known as Accounts Receivable Factoring, can offer a viable solution to cash flow problems caused by your customer’s payment terms. Halo Small Business Solutions is one of the leading providers of Accounts Receivable Financing Services. New or established companies that offer credit terms to their customers generally need an injection of working capital in order to expand their operations. If credit sales are affecting your cash flow then Halo can provide your business with the working capital required, simply by purchasing your pending payments at a small discount. These payments, referred to as Accounts Receivables, can be used to obtain valuable cash flow quickly, regardless of the credit terms you have offered to your clients. Some perceive Accounts Receivable Financing as generating a loss. It must be understood that without Accounts Receivable Financing, many businesses would not be able to pay for the day-to-day expenses of operating their business. The discount involved for Accounts Receivable Financing is a small price to pay for the many benefits provided by cash liquidity. In any case, savvy business owners will incorporate this cost into credit sales pricing. Therefore, no actual loss is involved when using Accounts Receivable Financing. To learn more about our Accounts Receivable Financing program, please call one of our Accounts Receivable Financing consultants at (212) 481-4100 or email us at info@halosbs.com.