Access Cash Quickly With Accounts Receivable Financing
An inconsistent flow of capital is a common problem for businesses. Even companies that have many client accounts in good standing can suffer from a low reserve of working capital. Financing receivable is a simple solution to this problem. GC Lending Services has helped many organizations finance their receivables and access a greater amount of available capital for all purposes.
Accessing Capital You Already Hold
Financing accounts receivable is a simple process that can be completed in a timely manner. A loan officer can factor accounts billed on 30, 60, or 90 day cycles. Your client continues to make convenient payments to us while your AR department is free to attend to the needs of other clients.
The Advantages of Factoring
Factoring accounts receivable is a little different than most other forms of financing; it has more in common with the sale of assets. Taking advantage of this particular financial service leaves your lines of bank credit open for other applications. Factoring has many other benefits, too:
- Client credit insurance at no cost to you
- No personal guarantees
- Cash within 24 hours
- No fixed payments
GC Lending Services is pleased to offer factoring to businesses of all types. The capital can be used to fund expansion and growth, for payroll, or for any other purpose.
Factor With GC Lending Today
Contact a GC Lending Services associate to discuss factoring or any other of our commercial finance services. We look forward to serving you.