Sphynx Financial

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Accounts Receivable Financing 

Receivables Financing is the process of receiving cash for invoices up to 90% of their total value. This is mainly used in order to generate immediate cash flow, allowing you to use your accounts receivables as assets for current working capital requirements. With receivables financing you are given the power to purchase inventory, remodel or expand your business.

 

Beyond a broad loan policy, Sphynx Financial offers an uncommonly efficient and personalized application process. Step by step, a Business Services Representative will guide you through the loan application process.

 

As one of the nation's largest providers of commercial financing, we offer a full range of capital resources to finance a variety of needs. We'll help you select the right business loan credit option with the right terms and payment structures for your company.

 

This is an ideal product for businesses with corporate clients and/or long payment cycles. Example: Limousine rental companies, Wholesale equipment suppliers, IT Staffing Companies, Landscaping Companies

 

Accounts Receivable Financing 

Documentation Required

- Accounts Receivable Aging Statement

- Copy of Driver's License

- Last 3 months of bank statements

- Personal Financial Statement for previous year

Can close in less than 1 week

Eligible Businesses: Must be Privately Held and Operated For-Profit

Borrower’s Experience: None Required for Approved Franchises / 3 Years of Related Experience for Non-Franchise

Contact a Specialist
Our loan specialists can work with you to determine the best solutions for your business. Apply Now.