Houston Accounts Receivable Funding Services
Did your bank turn you down for a loan for your business? Did your bank approve your loan, but it wasn’t enough to really help? If so, you may want to consider Houston accounts receivable funding. If you’re not sure what this is, it’s called factoring and it is a fast and easy way to get the money your business needs. Houston accounts receivable financing or factoring is using your accounts receivable invoices as a means of getting the money you are due now.
Houston Funding Services
Caprock Funding can be used as a resource to supplement bank lines of credit or to get closer to transitioning to more traditional lines of credit. When you use accounts receivable funding in Houston TX, you sell your invoices to a third-party buyer known as a Factor. This is how it works.
- The Factor receives a copy of your invoice.
- The Factor pays 80 to 90 percent of the invoice value in cash to you.
- The Factor acts as an accounts receivable department and services the invoice.
- The customer pays 100 percent of the invoice to the Factor.
- You receive the 10 to 20 percent remaining of the invoice value, less any fees, in cash.
Caprock Funding is a direct lender – not a broker. Your accounts receivable financing in Houston TX is originated, funded and serviced by Caprock.
Houston Accounts Receivable Funding
You probably have some questions about these funding services in Houston TX. We will work with you each step of the way, answering your questions and concerns, so that you can have peace of mind. There is no minimum amount of invoices that you must sell to Caprock Funding. You only factor what your company’s needs dictate.
Call Now to Get Started
To learn more about our Houston accounts receivable funding, call 713-364-5550. We respond to any applications within the same day. If necessary, first funding can often occur within a few days.