Accounts Receivable Financing

Dating back to ancient times, invoice factoring, also known as accounts receivable financing, has evolved with technological advancements and the needs of contemporary businesses, while maintaining its foundational principle.

Companies across various industries regularly issue invoices with deferred payment terms of 30, 60, or even 90 days. This delay can strain cash flow. Accounts receivable financing from BCA Funding Inc. converts these pending customer invoices into immediate cash, ensuring funds are available within 24 hours. The following businesses utilize our accounts receivable financing services:

• Staffing agencies
• Manufacturing companies
• Tech organizations
• Legal firms
• Healthcare practices
• Freight carriers
• Distributors and suppliers

Key Advantages of Accounts Receivable Financing

Accounts receivable financing is not a loan; it doesn’t add debt to your balance sheet or affect your credit rating. It’s a straightforward trade of unpaid receivables for funds, eliminating lengthy processing times and subjective loan committee decisions. BCA Funding Inc. offers accounts receivable financing with the following features:

• Rapid access to funds within 24 hours
• No cap on the number of invoices you can factor
• Complimentary credit insurance on eligible customer accounts
• Maintain credit scores
• Improve cash flow

How Accounts Receivable Financing Works

Step 1: Complete a sale to a client

Step 2: Submit the unpaid invoice to BCA Funding Inc.

Step 3: Receive available funds within 24 hours, deducting a minimal factoring fee

Reach Out to Us

If you’re a business looking to maintain a robust cash flow, build capital reserves for expansion, streamline your accounting process, or shift away from debt-oriented loans, accounts receivable financing is an excellent solution. Get in touch with BCA Funding Inc. today to learn more.