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Factoring and accounts receivable financing can offer you several benefits. By factoring your receivables for cash at a small discount off of the invoice amount, you will no longer have to wait 30, 60, or even 90 days for payment in order to maintain current working capital, payroll etc. Allegiant Business Finance can provide you, the manufacturer, the means to replenish inventory and produce more products to sell. This eliminates the wait time for payments to be paid and allows you to benefit from the shortened business cash flow cycle. In turn, initiating and facilitating growth within your manufacturing company as well as reducing your expenses.
With accounts receivable factoring and invoice financing from Allegiant Business Finance you will have the opportunity to grow your business and increase your cash flow anywhere from $10,000 to as much as $10,000,000. Our services include both invoice factoring and accounts receivable lines of credit. Factored advances can pay up to 95%. Once advances are approved, bank-to-bank wire transfers are often funded within 24 hours.
Allegiant Business Finance can assist you and your manufacturing company in obtaining capital to finance the growth of your business and meet cash flow needs. With nearly 50 years of expertise in receivable financing in the manufacturing industry we will be able to alleviate your cash flow struggles by providing quick financing with exceptional service by knowledgeable account executives.
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