Sky Business Credit provides accounts receivable funding for working capital to virtually any business selling a product or service to another business or governmental agency. Based on the age-old practice of factoring, accounts receivable financing provides immediate access to cash to increase sales, pay employees, acquire materials or inventory, or add equipment without waiting the customary 30-90 days for customers to pay.
Start-up businesses, those that are growing too rapidly, those that are in recovery or have hit some glitches in their credit history typically cannot qualify for bank funding. Sky Business Credit’s accounts receivable funding method provides greater flexibility in providing lines of credit from $10,000 to $1 million. Accounts receivable financing can also be an alternative for clients of banks, business brokers and accountants seeking to help businesses grow and thrive despite cash flow challenges.
Gail Reints, President and owner of Sky Business Credit, has many years experience in the factoring and asset based loan industries with the most recent being Managing Director of Bibby Financial Service (Midwest) for the last 6 years. Prior to joining Bibby, she worked for JD Factors and Prairie Business Credit honing her skills in the alternative finance world. Gail has a BS in Business Administration from DePaul University. She currently serves as a Subject Matter Expert for the International Factoring Association’s Account Executive Certification program
Gail’s years of underwriting and credit experience has enabled her to be successful in structuring transactions that are mutually beneficial to all parties involved. Gail believes that her philosophy of combining best business practices with client flexibility is what has led to her successes. Gail’s distinction is her ability to look at each client’s situation on its own and provide a solution specific to meet their needs. In the world of factoring, there is no such thing as a cookie cutter solution and flexibility is key to the success of the relationship. Having led one of the largest factoring companies in the US, Gail is excited to again work in a small office environment that will enable her to have a more hands on approach to working with her clients.