HeaderLogo
Market Size Costs Case Study Contact
Bottom Gradiant

How Accounts Receivable Financing Works

Unlike other forms of financing, accounts receivable financing can provide a wide range of additional value-added services. Services may include running credit checks on customers, mailing invoices, verification of invoice payment schedules and more. Because GreenBridge Finance can essentially run your accounts receivable operations, you can reduce the amount of money and staff engaged in operating that portion of your business. This saves you money that can be allocated for other, more beneficial purposes.

1. Your customer places an order with your company for goods or services.

2. Your company fills the order and prepares an invoice for your customer.

3. Your company requests funding from the finance company by submitting a copy of the invoice.

4. The finance company approves credit on your customer.

5. The finance company advances a percentage of the invoice funds to your company.

6. Your customer pays the finance company for the amount of the invoice.

7. The finance company forwards the rest of the funds back to your company, less a financing fee.