TCF Capital Can Help You Access Working Capital Through AR Financing
Businesses that rely on invoices may wait 90 days or more for payment. However, if you have expansion plans, you need a reliable and timely source of working capital. Fortunately, TCF Capital can turn mountains of invoices into quick funds through accounts receivable financing.
No Waiting on Payments
When you finance your receivables, we’ll pay you a percentage of their worth, then take over the responsibility of collection. That means you get cash immediately, whether the customer pays or not.
No Collateral Required
Traditional loans require monthly payments, which can put stress on a budget. When financing receivables, you don’t have to worry about paying down a principal. There are also no collateral requirements, so you don’t have to worry about putting valuable assets at risk.
No Limits To Your Spending Decisions
Once you have the funds, you can spend them in a variety of ways:
- Purchase new equipment
- Open a new location
- Take on larger orders
- Hire new employees
You get to decide what your goals are and how to get there.
No Credit Checks
We’re interested in your customers’ credit, not yours. That’s why we provide free credit insurance on clients and skip the credit check for you.
No Time To Lose
Are you interested in accounts receivable financing? Then there’s no time to lose — with one call, you can set up a free consultation with a TCF Capital financial expert to discuss your options.