Flexible Working Capital Solutions
Everyone knows cash is king. It’s the lifeblood of any business. That’s why it’s so important to have a stable source of working capital to pay employees, purchase new equipment, meet seasonal demands, and more. That’s where accounts receivable financing comes in.
What Is Accounts Receivable Financing?
Accounts receivable financing, or A/R financing, turns your unpaid invoices into cash. The financing available can go up or down based on your needs and allows you to easily manage your A/R. No more collecting payments from customers – we’ll take care of that. Plus, it’s the only form of financing that truly grows with your sales. More business equals more invoices, which means more availability.
Want to know more? Click here to see the five easy steps of A/R financing.
Why Use A/R Financing?
- Expansion & growth
- Maxed-out credit lines
- Slow paying customers
- Lack of operating history
- Turned down by bank
- Less-than-perfect credit
- Tax issues
Advantages of Hitachi Capital Canada:
- Up to a 90% advance on eligible A/R
- Competitive rates with deep resources from Hitachi Ltd.
- Ideal for any industries
- Can use in conjunction with current bank lines
- Includes customer credit review and invoice collection services
- Online reporting