Definition:
Accounts Receivable Funding is the exchange of your commercial accounts receivable for cash. Accounts Receivable Funding or “Factoring” is widely accepted as an alternative financing source and is used extensively in the manufacturing, distribution, apparel and transportation industries. Today, Accounts Receivable Funding is used in almost every industry by companies that need immediate cash for growth or survival and may or may not qualify for traditional loans or grants.
The Problem:
Many companies find themselves short of operating capital, therefore they can utilize Accounts Receivable Funding to obtain sufficient funds.
The Solution:
The IRA Network, LLC has an extensive list of Funding Resources who provide Accounts Receivable Funding.
Funding Range:
$50,000 – $300,000
Understanding Your Needs:
The IRA Network understands the need for Capital Funding NOW. We know that the harder it is to obtain capital and the longer it takes the easier you can be discouraged from realizing your dreams of opening a business or expanding your existing business.
We Can Help!
The IRA Network specializes in both Conventional and Hard to Fund projects that require a creative funding approach. IRA has created a unique relationship between entrepreneurs and investors. In order for us to determine how we can assist you in finding the right investor relationship for your project, please fill out the following. To analyze the information properly, we have asked specific questions regarding your business and/or project. The IRA Network understands entrepreneurs are traditionally risk-takers and usually have put their own credit and finances at risk, hurting their credit.
Please be advised that your answers to the questions regarding your credit and finances have no bearing on whether or not we take you on as a client, but rather serves as an aid in analyzing your total situation and in developing the right funding strategy. Additionally, if you don’t know an answer – don’t worry – this isn’t a test.
After one of our analysts has had an opportunity of review you responses, we will get back to you to evaluate your project and establish a plan of action.
