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You convert your accounts receivable
into working capital when we purchase your receivables. |
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We offer substantial funding capacity and the most competitive
rates in the market. That's because our Invoice Purchasing group
is part of the larger First Capital family with direct access to
the capital markets. As a result, we always have funds available
when it's time for you to sell your invoices and you know you are
getting the best pricing available.
Transaction Size: $100,000
to $5 million
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| Benefits of Invoice Purchasing |
- Funding for businesses that
have been turned down by conventional lenders
- Immediate cash upon submitting
a qualified invoice, allowing you to meet payroll,
purchase inventory, or take advantage of early
payment discounts from your vendors
- Working capital that keeps pace
with sales growth, even through seasonal peaks
- Convenient collections service,
allowing you to devote your time and resources
to making sales and running your business
- Improved receivables collection
rate because we review the credit quality of
your customers and we help collect your invoices
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| Invoice Funding Purposes |
- Capital to support rapidly
growing companies
- Working capital to support
business growth and meet seasonal or cyclical
financing needs
- Restructuring and turnaround
situations, including bankruptcy
- Acquisitions
- Leveraged buy-outs
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| Typical Invoice Financing Clients |
| We provide Invoice Purchasing
and working capital to small- and middle-market
companies throughout
the United States in a broad range of industries,
including manufacturing, wholesale / distribution,
and selected service business that generate accounts
receivables. |
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| How Invoice Purchasing Works |
- You submit an application
along with details on your accounts receivable.
- We respond with preliminary
approval in 24 hours.
- Our due-diligence team analyzes
your account receivables.
- You receive up to 85% of your
invoice immediately instead of waiting weeks
or months for payment.
- Your customers pay invoices
directly to First Capital, and we work to ensure
timely payment.
- The remaining amount of the
invoice, less First Capital’s discount
fee, is remitted to you when your customer pays
the invoice.
- Your personalized loan management
team – an Account Executive and an Analyst – serve
as your partner and advocate, closely monitoring
the collateral and helping you manage your financial
operations. You receive daily cash transfers
and real-time online reporting.
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Is Invoice Purchasing right for
your growing business?
Ask us about our Invoice Purchasing programs, including those offered under our First Capital®, First Growth Capital®, First Capital TempFundsSM and First Capital Business CreditSM brands. Our Invoice Purchasing programs are designed to meet the different needs of our customers: First Capital® programs are primarily for small- to medium-sized businesses; First Growth Capital® programs are primarily for smaller businesses; First Capital TempFunds SM programs are primarily for employment agencies; and First Capital Business CreditSM programs are primarily for larger companies.
Call
us about your financing needs:
1-800-619-0804
Request a Quote
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