In fact, our members report phones are ringing off the hook in recent months, says Andrej Suskavcevic, CEO of the CFA, whose members offer accounts receivable financing
When considering companies for accounts receivable financing
, a finance company will look primarily at three things:
Accounts receivable financing
has been in existence since the early 1600s, the time of the American colonies.
Wintrust provides traditional commercial and community banking services; franchise finance services, asset-based lending; wealth management services; commercial insurance premium financing; mortgage origination; short-term accounts receivable financing
; and certain administrative services, such as data processing of payrolls, billing and treasury management services.
TAB Bank leverages a variety of asset-based structures including Asset-Based Revolving Loans, Accounts Receivable Financing
, Lines of Credit, and Equipment Finance.
Rush paid for the assets in cash and funded the deal through its commercial vehicle borrowing and accounts receivable financing
BLACK ENTERPRISE takes a look at three nontraditional sources for raising money: micro-lending, angel investments, and accounts receivable financing
. These alternate sources of funding can provide crucial cash as long as entrepreneurs know the true costs of accepting what seem to be pennies from heaven.
Wells Fargo Capital Finance is the trade name for certain asset-based lending services, senior secured lending services, accounts receivable and purchase order finance services, and channel finance services of Wells Fargo & Company and its subsidiaries, and provides traditional asset-based lending, specialized senior and junior secured financing, accounts receivable financing
, purchase order financing and channel finance to companies across the United States and internationally.
TAB Bank operates through a variety of asset-based structures including asset-based revolving loans, accounts receivable financing
, lines of credit, and equipment finance.
Rush did not say how much it would pay for the acquisitions, but noted the price will be provided in cash and partially funded through its commercial vehicle borrowing and accounts receivable financing
In addition to Equipment Finance, the company also provides Accounts Receivable Financing
, TAB FAST Financing, Asset Based Loans, Lines of Credit, Business Accounts, and Treasury Management Services.