• Also known as Accounts Receivable Funding.
• Process of selling accounts receivables (invoices) at a discount for receiving the money immediately instead of receiving payment in the future.
• Advance of money, not a loan, so it does not come with debt.  It does not require giving up a part of your company.  Create a line of credit with your receivables just like a bank line of credit.
• Quickest and easiest way of getting working capital into your company.  It can be extremely flexible and geared to your company's needs.  It turns your business into a COD operation.  The business owner pays no interest but pays a discount rate for receiving the money immediately.
• Improves your company's credit rate and balance sheet.
• Allows you to meet payroll and pay taxes on time.  It enables you, the business owner, to take advantabe of suppliers' discounts.
• Requires little paper work.
• Companies must have credit-worthy customers.
• Business to business based.
• Eliminates the need to offer early payment options to your customers.
• Helps your company qualify for other financing if still needed.
• Helps your company complete the job on time.

You can contact us at (636) 458-2612 or email joyann@lexxfunding.com to discuss your financial needs.