Home Types of Financing Accounts Receivable Financing

Accounts Receivable Financing

TYPES OF FINANCING
Use The Money To...
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
  • Cash in 24 Hours
  • No Personal Guarantees
  • We Finance 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

Unlock the Cash Tied Up in Your Receivables.

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, Glomar Bay Capital has a liquidity solution for you. We can finance companies that are start-ups, losing money, or in bankruptcy because accounts receivable financing is based on your customer's credit, not yours. This is not a "debt." 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 customers' 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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