At one time or another, every company runs into a cash flow crunch, losing out on business opportunities or falling behind while waiting 30, 60 or even 90 days for customer payments. Unfortunately, traditional financing doesn’t always fit these needs, may have too many restrictions, or takes too long for approval.
Accounts receivable financing, or factoring, with Imagine Solutions sister company AmeriStrength gives you the cash flow you need to keep going. You sell us your invoices and we immediately advance you the funds to operate and grow your business. It’s a line of credit based on your sales, not your net worth.
Plus when you factor at AmeriStrength, there are:
- No monthly minimum obligation
- No minimum fee requirements
- No long term contract requirements
- No closing costs (other than a one-time due diligence fee)
- No legal fees
- No obligations to sell all receivables. You choose which receivables to fund
There are hundreds of situations in which our fast, flexible receivables financing can help. Benefits include:
- Meet payroll and other immediate cash flow requirements
- Spend more time on business operations and less time on reporting requirements
- Obtain customer credit risk protection
- Buy inventory for increased sales
- Have an alternative to bank financing or equity financing
- Supplement or reduce the amount of equity being raised
- Take advantage of vendor discounts and opportunistic purchases
- Bring taxes current
- Acquire equipment necessary to reduce costs
- Reorganize, whether in or out of bankruptcy
- Make strategic acquisitions
- Manage seasonal sales fluctuations
If you are in need of factoring services, please contact us or AmeriStrength today!