WHY ACCOUNTS RECEIVABLE FINANCING?
Your business relies on cash flow to succeed. Small and mid-sized businesses need ongoing access to cash for payroll, materials, inventory, equipment, production, insurance, taxes- it’s the life blood of your operation. When your cash is tied up waiting for customers to pay, your ability to make new sales stops cold. Waiting 60 or 90 days to get the cash flowing into your business again can severely affect your ability to make a profit. Without working capital, your business goes nowhere.
Accounts receivable financing (sometimes called factoring) gives you immediate access to cash from the sales you’ve already made, so you can keep moving your business forward. You keep making sales, without taking on additional debt or giving up any ownership. And if you cannot qualify for bank financing, accounts receivable financing can be the difference between success and failure.
If you provide a product or service in virtually any industry and are making good sales, we can help you. Accounts receivable financing works well for most businesses, including manufacturers, distributors, fulfillment, trucking and logistics, staffing, janitorial, printing, technology, security, to name a few. Find out how we can help you!
TESTIMONIALS
We do a wide range of environmental health and safety consulting. Sky’s help with cash flow allowed us to grow much faster than we might have. They are professional and meticulous- we can trust them to honor our relationship with our clients and fund us quickly when we need it
– Tabbara Corporation, California
With funding from Sky, I am no longer restricted by the amount of working capital I have available. Factories know they’ll be paid in full and on time, so they’re more willing to negotiate more advantageous prices and terms with me.
– David Connell, Canterbury Potteries, Ltd , Missouri
Waiting for customers to pay made it hard to manage our overhead. Sky has been patient, responsive, accommodating and efficient. We couldn’t have found anyone easier to work with. We cannot praise them enough, Sky Business Credit is awesome!
– Ted and Jo Ann Howard, Professional Services, Ohio
Our trucking /brokerage business runs four trucks using $8,000 in fuel each, every week. When you’re weeks out from getting paid, it can tie up tons of cash in fuel, drivers and maintenance. Factoring with Sky has helped us big time.
– Ken Rosenkrans, KTS Brokerage, Illinois
