FUNDING
Accounts Receivable Financing
Providing cash flow today by funding your accounts receivable in terms anywhere between 30 and 90 days
How Accounts Receivable Financing Works
Accounts receivable invoices are assets that can be purchased from you. It is not a loan and does not report to credit Bureaus.
SELL YOUR PRODUCT OR SERVICE TO YOUR CUSTOMER
SUBMIT YOUR INVOICE TO AMERIFACTORS
WITHIN 4 HOURS, WE ADVANCE YOU 80-98% OF THE INVOICE AMOUNT
YOUR CUSTOMER PAYS US FOR THE FULL AMOUNT OF THE INVOICE
WE PAY YOU THE BALANCE OWED, MINUS THE FACTORING FEE
Fee Calculation example- Example set at 2% fee and 90% advance rate
Invoice balance
$1000
Advanced to you
$900
Paid to you after your customer pays
$80
Factoring fee
$20
The Application Process
Get approved
Complete an application with supporting documentation
Get approved
Sign agreement
Submit invoices and receive your first funding
*Starting as low as 2% per invoice. Based on the contracted collection period, not an annual percentage. Restrictions and limitations may apply.
Contact
3220 Tillman Dr, Suite 200
Bensalem, PA 19020
855-850-2176
info@biz-pay.com
Biz-Pay® is an associated partner of a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA. and Esquire Bank, N.A., Jericho, NY. Designated trademarks and brands are the property of their respective owners. American Express may require separate approval. The Clover name and logo are owned by Clover Network, Inc. a wholly-owned subsidiary of First Data Corporation, and are registered or used in the U.S. and many foreign countries.