Financing by Factoring
			Putting your receivables to work for you. With this type of financing, Access Business Finance purchases certain accounts receivable from you at a discount from their face value. We do all of the credit approval and collection work for you on the factored accounts. We factor accounts either on a recourse basis or non-recourse basis, and on a notification or non-notification basis.
			For example: • Recourse factoring: If a customer does not pay an invoice when due, its receivable will be charged back to you. • Non-recourse factoring: We assume the credit risk on the account and don’t charge back an account to you if a customer doesn’t pay for a credit-related reason. • Notification factoring: Your customers are notified that we own and will collect the receivables. • Non-notification factoring: Receivables are not verified with customers and they are not notified that we own and will collect the receivable.
			We also offer a vendor assurance program in which we arrange receivables to pay your vendor directly. This allows you to receive complete delivery of orders on preferred customer terms, and can eliminate the costs of purchase order financing. Availability of factoring. Factoring is available to companies with $25,000 to $3 million in monthly new receivables. Advance rates are available up to 90 percent.
			Why Access Factoring. • Gives you quick access to cash, usually within 24 hours. • Puts you in control of cash flow - you determine how much to factor and how often. • Reduces operating expenses because we perform customer credit approval and collection services and handle invoice mailing, processing, and postage, all at no additional cost. • Provides you with cash without the disadvantages of a loan. Transactions don’t increase your liabilities and there are no monthly loan payments to make. • You’re always informed about the status of your accounts through timely aging reports. • You work directly with the decision maker - Access Business Finance is the factor, not a broker. • Extremely flexible - as conditions warrant, we will work with you to move you to our lower cost, more ‘bank-like’ Structured or Commercial Line of Credit, as your circumstances warrant.
			The Five easy steps to how it works. 1 Access Business Finance buys the qualified receivables you want to sell. 2 We advance the agreed upon amount and deposit the amount into your business checking account, generally within 24 hours. 3 We notify your customer of the new payment address. 4 We send invoices to your customers, collect and process their payments - all at no additional cost. 5 We provide you with daily, weekly, and monthly statements of activity on the accounts.
			The added benefit? There are no monthly payments! Access Business Finance. Giving you access to the financing you need. Understanding needs is the first step in meeting them. And we don’t think you’ll find another business finance company that takes the time to understand your needs like we do. We’re Access Business Finance. Our job is helping companies access the financing they need.
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			Contact Us For More Information! Access Business Finance 14205 S.E. 36th Street, Suite 350 Bellevue, Washington 98006 (425) 747-9090 Fax (425) 747-1404 Site Designed by: Lightvalve Designs