Types of Financing
Full Spectrum Business Lending is a premier national lender providing financing to small and medium sized businesses nationwide.
Accounts receivable financing, or Factoring, is the purchase of accounts receivable invoices at a discount. If you sell your products or services to businesses that pay in 30, 60, 90 days or more, Full Spectrum Business Lending has a liquidity solution for you. We can finance companies that are start-ups, losing money, or in bankruptcy because accounts receivable financing is based on your customer's credit, not yours. This is not a "debt." You are selling an asset through invoice factoring. But it is more than just an asset sale; it is like outsourcing your accounts receivable department. Factors provide valuable services. They check your customers' credit for you and notify you of bad risks and they provide detailed monthly statements. Qualifying accounts even get free credit insurance. This is a great way for you to finance your business without going into debt or creating further strain on your credit. You will be able to get so much more from accounts receivable financing than you ever could from a loan.
Use The Money To . . .
Interested in other types of financing? Check out our other categories to learn about acquiring an SBA small business loan or convenient business bridge loans that make it easy for you to get the money that you need when you need it.
Using Our Secure Application