What is Accounts Receivable Financing?
Traditionally known as “Factoring,” Accounts Receivable (AR) Financing is a tool for accelerating AR into cash. The mechanics are simple: Our B2B clients invoice their customers as usual and send us an invoice copy. If the invoice is good, due, and payable, we may* purchase the invoice and make funds available the next business day. Imagine having a portion of your accounts receivable in your bank account the next business day instead of Net 30, Net 60 or Net 90.
That’s accelerated cash flow with American Bank Business Finance. Let’s talk!
*Subject to credit approval.