- HOME
- ABOUT US
- CONTACT US
- TYPES OF FINANCING
- 877-703-3090
Get paid on your invoices as quick as same day
Turn Your Receivables into Working Capital
Non recourse factoring options are available for most accounts. Simply put, that means that if for any reason the end debtor fails to pay, you have no liability, and you do not have to return the funds you already drew against their invoices.
Have the flexibility to factor individual invoices as you wish. One time or every now and then. It’s all up to you.
While many of the most successful companies utilize AR Factoring to help them grow and maximize their cash flow and assets, we know that many business owners are reluctant to take advantage of Accounts Receivable Factoring because they do not want their clients to know they use receivables finance.
The qualifications are very similar to standard invoice factoring as long as there is no more than 35% concentration to one client receivable. *Construction Contractors and a few very high risk industries are restricted from Non-Notification, but can use our standard factoring programs.
$100,000 to $10,000,000 Revolving Credit Line based on a percentage of your rolling outstanding Accounts Receivable Borrowing Base.
To learn about our Asset Based Lending CLICK HERE
At Coastal Capital, we welcome Contractors Accounts Receivables. Most of our competitors cannot work with progress payments. We specialize in it.
To learn more, visit our Construction Contractors Project Financing Page by CLICKING HERE.
We know Medicare, Medicaid, and Private Insurance Company receivables often drags past 120 days. We provide receivables finance for healthcare providers and have specialists in the field.
For more details CLICK HERE.
Accounts Receivable Financing, or Factoring as it is commonly called, is the sale of accounts receivable invoices at a discount to a third party who assumes
responsibility for collections. Many companies offer credit terms for their products or services to businesses. They typically don't get paid for 30-90 days or more.
Eventually, they find themselves needing working capital to fund growth and can access cash from the hidden asset they already have in receivables without incurring debt.
AR factoring is the liquidity solution of choice for a growing business. Accounts receivable financing is based on your customer's credit. not yours, so we can offer to finance receivables
for start-ups, companies losing money, or even businesses in bankruptcy. With Accounts Receivable Financing you are selling an asset, not taking a loan.
You do not incur a debt and do not have any payments to make, and with the not recourse option, you are not liable if an account fails to pay.
There is another very important advantage to factoring your receivables. You are in effect outsourcing your AR department.
Factors assume the responsibility of servicing your accounts, providing a valuable service, saving your company considerable expense,
and providing you with detailed monthly statements. You can take the burden of collections and the arduous task of constant Accounts Receivable postings away
from your office staff. Additionally, because we check and monitor your customer's credit for you, we can help you identify bad risks. In most cases you even get
free credit insurance on your accounts.
The Assets You Already Have In Your Business Are All You Need To Help Your Business Grow!