Nationwide Business Financing
Accounts Receivable Financing
Turn unpaid customer invoices into working capital. Spearing Capital helps businesses nationwide explore accounts receivable financing and invoice factoring options that fit their cash-flow needs.
Discuss Your Financing NeedsWhat is accounts receivable financing?
Accounts receivable financing uses eligible unpaid invoices as the basis for business funding. Instead of waiting for customers to pay on their normal schedules, a business may access a portion of the invoice value sooner and use the funds for day-to-day operating needs.
This type of financing can help companies manage timing gaps between delivering a product or service and collecting payment. It is commonly considered by businesses that sell to other businesses or government customers on terms.
How the process generally works
Review receivables
The financing provider reviews the business, its customers and eligible outstanding invoices.
Structure the facility
Terms depend on the receivables, customer quality, payment history and the financing structure.
Access working capital
Approved funding is tied to eligible invoices, subject to the provider’s requirements.
Customer payment
When the customer pays, the transaction is reconciled according to the agreed structure.
Common uses for invoice-based financing
✓ Payroll and operating expenses
✓ Inventory or materials
✓ Taking on new contracts
✓ Managing seasonal cash flow
✓ Supplier payments
✓ Supporting business growth
Accounts receivable financing vs. invoice factoring
Accounts receivable financing
Receivables support a financing facility. The exact borrowing, reporting and collection arrangements vary by provider and agreement.
Invoice factoring
Eligible invoices are sold to a factoring company. The factor typically takes a more direct role in collecting payment from customers.
The right structure depends on your receivables, customer relationships, cash-flow goals and preferred level of control.
What financing providers may review
- Customer credit quality and payment history
- Invoice aging and concentration
- The goods or services provided
- Existing liens or financing agreements
- Business history and financial information
- Disputes, returns or offsets affecting invoices
A nationwide financing resource
Spearing Capital works with business owners across the United States who are evaluating ways to improve cash flow. We help you organize the financing request, understand potential structures and explore available options.
Accounts receivable financing is one of several business financing options. We can discuss your situation and help identify a practical next step.
Frequently asked questions
Is accounts receivable financing a loan?
It depends on the structure. Some arrangements are secured financing facilities, while invoice factoring generally involves selling eligible receivables. Review the specific agreement and costs before proceeding.
What types of invoices may qualify?
Providers generally focus on valid, undisputed invoices owed by creditworthy business or government customers. Eligibility varies by provider and industry.
Will my customers know?
Notification and payment procedures depend on the financing structure. Factoring commonly involves notice to customers, while other arrangements may handle collections differently.
How are costs determined?
Pricing can depend on customer quality, invoice volume, payment timing, industry, concentration and the structure selected. Any proposal should clearly explain fees and obligations.
Explore your accounts receivable financing options
Tell us about your business, customers and outstanding invoices. We’ll help you evaluate possible next steps.
Contact Spearing CapitalFinancing is subject to provider approval, underwriting and applicable terms. Spearing Capital does not guarantee approval, funding, rates or specific terms.