$4,000,000 Receivables Finance Facility for Ambitious Digital Technology Company in North America

Accelerated Payments collaborated with Business Factors & Finance, a distinguished financial services provider since 1999, to facilitate a tailored $4,000,000 Receivables Finance Facility to an ambitious Digital Technology Company based in North America. This partnership addressed critical funding challenges and supported the client’s ambitious growth strategies in North America.

In Partnership with: Business Factors & Finance
Business Factors & Finance

Overview

Challenges facing this client

  • Funding Needs: Business Factors & Finance and this client sought a financial partner capable of providing robust receivables financing solutions to support both domestic and international operations.
  • Cost Concerns: The client faced high costs from their existing finance provider, impacting their profitability and operational efficiency.

Accelerated Payments created a bespoke and flexible $4,000,000 Receivables Finance Facility to meet this clients’ unique requirements:

  • Non-Recourse Financing: We offered a non-recourse financing solution, enabling this client to unlock cash flow from outstanding invoices.
  • Multi-Currency Capabilities: Recognizing the client’s international footprint, our solution supported funding in multiple currencies, ensuring seamless financial operations across borders.
  • Flexibility and Streamlined Process: No personal guarantees, long-term contracts, debentures, or complex paperwork were required, providing this client with flexibility and operational ease.

The Solution

The Benefits

  • By transitioning to Accelerated Payments, this business reduced its financing costs, optimizing profitability and facilitating strategic reinvestment.
  • Our solution provided immediate access to working capital, bolstering liquidity and supporting day-to-day operational needs.
  • The flexible nature of our solution empowered this client to pursue new market opportunities and expand service offerings in North America.

Accelerated Payments is a global Invoice Finance provider that provides flexible working capital solutions to SME’s, Exporters and Mid to Large Corporates. With offices in Dublin, London, Toronto, and Florida, we shift the credit risk from our clients to their debtors, enabling us to fund a broader range of clients. With our unique and scalable Fintech platform, we’ve funded over €1.7 billion in invoices for more than 450 clients across 45 countries and 1,800 debtors to date.

About Accelerated Payments

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