Having working capital is vital to any businesses success, no matter how small or large. Waiting on payments from customers can often create big cash flow issues for businesses and disrupt everyday operation. Financing based on your outstanding invoices or receivables is a great way to alleviate the strain of waiting for your money to come in.
Lexa Funding can provide Invoice Financing to any business that has a significant amount of outstanding receivables and is most widely used by businesses that provide their customers the flexibility of net terms. Lexa Funding provides a way for you to turn money owed by your customers into available working capital for your business.
Any business with a business to business model can qualify for Invoice Financing, as long as they currently have outstanding receivables.
Unlike a normal business loan, our Invoice Financing product is not based on the traditional underwriting criteria. Things like personal credit score (FICO), time in business, and business revenue are secondary to the amount and quality of your current accounts receivable.
We strive to offer small business loans with favorable terms that meet the specific needs of every borrower. In addition, when you contact us, you will get a dedicated loan expert who is knowledgeable about your industry and who will offer you a one-on-one personalized service. There is no obligation to get started. Do not hesitate; apply now with the most reliable small business lender out there.
