Accounts Receivable Factoring

Primary Lender LLC can help alleviate short-term cash flow shortages by enabling your company to use your Accounts Receivable as security for short-term lines of credit or cash.


Purpose

Do not wait on net terms.  Get an advance on your outstanding invoices.  You decide how many and which invoices to submit.  Fund only what you need, when you need, without long-term contracts.


LOAN SIZE

$5,000- $5,000,000


TERM

85-90% advance rate

Must be B2B or B2G

Invoices from 15-90 days payable


RATES

As Low as 0.25% per week


Closing Time-Frame

24-48 Hours


Minimum Credit Score

530+ Fico


Minimum Years In Business

3+ Months


Revenue

$100,000 +


REQUIRED DOCUMENTS

Customer Application
3 Months Bank Statements
Accounts Receivable Aging Report
Invoices to be Factored


Commercial-green

Working Capital

Hiring / Payroll

Acquisitions

Debt Consolidation

Equipment

 

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