At Source Commercial Funding, we understand that loans are not always the best solution for working capital. Sometimes Baltimore area business owners need to boost cash flow without adding debt to the balance sheets. Our program for accounts receivable financing in Baltimore, MD offers a wide range of benefits to local business owners, including:

  • Fast application process and approval
  • Cash within 24 hours on open invoices
  • No arbitrary loan board decisions
  • Zero debt
  • Improved cash flow
  • No longer rely on staggered payments from customers
  • Eliminate the need for collections
  • Accumulate growth capital
  • Available financing increases with sales
  • No fixed payments
  • Credit in insurance on customers
  • Non-recourse funding

Avoid Debt With Accounts Receivable Financing In Baltimore, MD

Accounts receivable financing in Baltimore allows local business owners to increase cash flow and the availability of working capital without taking on debt or negatively impacting credit ratings. When using accounts receivable financing businesses submit open invoices as they are generate, as well as existing unsettled customer accounts. Those invoices are then converted to working capital, which is delivered to the business within 24 hours. AR financing in Baltimore, MD eliminates the waiting period of 30 days or longer for customer payments, and removes the strain on cash flow caused by staggered payment schedules. Additionally, the immediate access to funds from open invoices means that accounts receivable financing in Baltimore, MD removes the need to perform collections on unsettled customer accounts as invoices go beyond the stated payment window. Because of this, accounts receivable financing in Baltimore, MD allows businesses to streamline the accounting process and reduce the time and internal resources dedicated to

Local Businesses That Use Accounts Receivable Financing In Baltimore, MD

Source Commercial Funding provides accounts receivable funding to a wide range of industries in the Baltimore area. Regardless of size or field, if a business in Baltimore issues invoices with payment schedules of 30 days or longer, they meet the minimum requirements for accounts receivable finance. Some of the industries that use accounts receivable financing in Baltimore, MD include:

  • Legal firms
  • Staffing agencies
  • Healthcare
  • Hospitality
  • Suppliers and distributors
  • Construction and landscaping companies
  • Manufacturers
  • Government contractors
  • IT startups
  • Managed care and senior living centers
  • Consultants
  • Trucking and shipping companies

Preventing Cash Flow Issues

Accounts receivable financing is typically used by businesses that want to correct cash flow issues and increase access to working capital. However, some clever entrepreneurs employ accounts receivable financing services early on to prevent strains on finances and accrue working capital for rapid growth. By using accounts receivable financing, Baltimore area businesses reduce or eliminate the need for traditional loans for working and growth capital, while preserving their credit ratings.

At Source Commercial Funding, we provide the most comprehensive program for accounts receivable financing in Baltimore, MD. Contact our team today at 202-753-8866, and put our solutions to work for your business.