Grow Your Business With Improved Cash Flow
Managing cash flow can be one of the most stressful parts of owning a business, but it doesn’t have to keep giving you headaches. Now you can bridge the gap between payables due to suppliers today and receivables that your customers won’t remit for 30 days or more. BusinessManager® allows you to get cash for your accounts receivable deposited directly into your bank account by selling them to the bank at a discount.
Simple Steps to Improve Your Cash Flow and Enhance Customer Financing Options
Here’s how BusinessManager® goes to work for your business:
- The bank purchases your accounts receivable at a discount, both initially and on an ongoing basis, as new receivables are generated.
- Funds are deposited into your account, giving you the positive cash flow you need.
- Using BusinessManager®’s electronic commerce feature, you then exchange receivables information quickly and easily with your bank through a secure internet site.
- You also gain access to detailed management reports with important information on aged receivables, customer balances, credit applications, and more.