As a business owner you need ways to keep up with growth and meet increasing cash needs. The accounts receivable financing program offered by Sovereign Funding Group (SFG) lets you establish a revolving credit line secured by receivables with advance rates up to 85 percent.

Our accounts receivable financing program is designed for business owners who need increased bank credit lines or more borrowing availability. This credit line gives you financial flexibility because it is separate from existing credit lines you’re your local bank.

How it Works:

The SFG accounts receivable financing allows business owners to pursue larger sales through cash advances valued up to 80 - 85 percent of eligible receivables. It fuels growth by supplementing your cash needs and fully leveraging your current assets. You get the cash you need quickly via electronic transfer. The accounts receivable program can also help you with your collection of past due invoices.

Factoring program offers the following value propositions:

• Supplemental borrowing capacity —larger credit lines and incremental borrowing capacity.

• Increased cash flow —turns future receivables into cash today to fund business growth.

• Better liquidity —leverage inventory and receivables to fully maximize working capital.

• Expertise from Industry Leaders — SFG only associates themselves with leaders in the accounts receivable factoring industry.

Example accounts receivable financing transaction :

A business owner needs to finance a contract with new customer, but it has limited cash because it is awaiting a $500,000 payment from another account. It uses SFG’s factoring program to arrange for a $400,000 (80-percent) cash advance against its receivables. The business owner uses the cash to hire staff and pay the equipment, supplies etc.

Taking the accounts receivable factoring plunge can be the difference between company survival and bankruptcy. In the end, using accounts receivable financing can buy time to eventually qualify for a regular credit line from your bank. We hope that you choose Sovereign Funding Group to be your guide.

Feel free to contact us anytime for a free no-risk consultation toll-free at (877) 836-4661 or email us if you have any questions.