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Glass Buildings

ACCOUNTS RECEIVABLES FINANCING

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Unlock the Cash Tied Up in Your Receivables

 

Presto is a premier national company, and can arrange financing to small and medium sized businesses nationwide.

Accounts receivable financing, or Factoring, is the purchase of accounts receivable invoices at a discount. If you sell your products or services to businesses that pay in 30, 60, 90 days or more, Presto has a liquidity solution for you.

 

We can arrange financing for companies that are start-ups, losing money, or in bankruptcy because accounts receivable financing is based on your customerā€™s credit, not yours. This is not a ā€œdebt.ā€ You are selling an asset. But it is more than just an asset sale; it is like outsourcing your accounts receivable department. Factors provide valuable services. They check your customersā€™ credit for you and notify you of bad risks and they provide detailed monthly statements. Qualifying accounts even get free credit insurance.

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  • Cash in 24 Hours

  • No Personal Guarantees

  • We Can Arrange Financing For Any Type of Business

  • No Recourse Even if the Account Does Not Pay

  • Credit Insurance on Your Clients At No Cost To You

  • No Arbitrary Loan Board Decisions, No Fixed Payments

  • As Sales and Receivables Increase, Funding Increases

  • Focus On Your Business, Not Collections

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Use the Month to Your Receivables

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  • Fund Payroll or Other Operating Expenses

  • Purchase Inventory to Take Advantage of Bulk/Early Payment Discounts

  • Fund Expansion and Growth

  • Respond to Seasonal Demands and Opportunities

  • Take on That Large New Account with Confidence

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