Trusted Leaders, Experienced Professionals
HOME

OVERVIEW FOR BUSINESSES

ACCNTS RECEIVABLE FUNDING

GOVT CONTRACT AWARDS

CONSTRUCTION COMPANIES

BAD DEBT

STRUCTURED/LEGAL SETTLEMT

AUTOMOBILE NOTES

OWNER-FINANCED NOTES

REASONS TO SELL

COMMON QUESTIONS/ANSWERS

ABOUT US

CONTACT

MISSION STATEMENT

Accounts Receivable Funding, or Selling of Invoices, is simply the exchange of creditworthy commercial accounts receivable for an immediate injection of working capital. It's access to desired cash without increasing debtload.

For a simple profit comparison example using Accounts Receivable Funding, click here.

In most, if not all, situations, Accounts Receivable Funding is more desirable and appropriate than bank financing, because:

  • It is based only on the accounts receivable, not on credit. A client's ability to raise cash by Receivables Funding is based on the total accounts receivable only, rather than on traditional measures of financial strength and stability that banks look at.

  • It provides continuing cash flow without the requirement of periodic payments or interim payoffs. New sales continuously create new power to obtain cash, and the business does not have to deal with renewal of loans or worry about maturity dates.

  • It gves a business increased access to cash as sales and receivables increase. There is no ceiling beyond which the factor must stop providing cash. The more sales a business makes, the more cash it can draw. The factor does not concentrate on the business debt/equity ratio to provide funds, as banks do.

  • It offers a dependable, continuing source of cash without the necessity of making separate loan applications.

  • It avoids the necessity of obtaining funds from venture capitalists, who receive an interest in the business and generally have a say in how the business is run.

  • It saves the business owner precious time waiting for a loan board to grant or deny his or her loan. Loan boards' decisions are influenced by many considerations, and the outcome is often unpredictable. With factoring, periodic delays and negotiations are eliminated, allowing the business owner time to do what he or she does best – run the business!

  • It enables the company to have cash to use for growth and survival--purchasing of equipment, purchasing of more material to fill more orders, hiring more employees, better advertising, etc., and for meeting payroll, paying upkeep, staying afloat.                                                                                                                                                                       

    We'll rush more cash to you without more debt.

    Free, no-obligation consultation.

    Contact RushMore Resources at 316-259-7341 or
    866-457-8223 or email info@rushmoreresources.com or fill out our contact page.