INCREASED WORKING CAPITAL
Since most businesses always have unpaid invoices out to their customers, if you can turn unpaid invoices into immediate cash through Accounts Receivable Financing, you increase the working capital in your business. You don’t just get money sooner, you get more working capital.
Also, as this additional capital is put to work in your business, your Accounts Receivable will increase. Now you automatically qualify for increased funding amounts from Applied Capital (i.e., 70%-90% of the increased Accounts Receivable amount). Unlike a bank line of credit, you do not need to wait until the end of the year to see if you qualify for increased funding.