Account Receivable (AR) Funding
Accounts receivable or AR financing is a type of financing arrangement that is based on a company receiving financing capital in return for a chosen portion of its accounts receivable. An AR financing arrangement can be structured in several ways, including as an asset sale or a loan.
Loan amount: $100K to $50M
Advance rate 80% to 90%
One year term
Non-recourse available
Document needed: Application; One-year business tax return; ID; Current Aging of Accounts Receivable; Entity Documents; Invoices for Funding; Financial statement; and Customer list