Accounts Receivable

Bear Funding offers comprehensive accounts receivable purchasing, tracking and collection services to businesses of all sizes throughout the United States.  Bear Funding’s customers can speed up cash flows through the sale of their business-to-business accounts receivables.

Accounts Receivable financing is ideal for businesses that have a steady flow of work and client invoices but an inconsistent collection process – financing your receivables evens out the “cash in” and can be more easily matched with the “cash out”.

Receivables finanicing is also ideal for company’s that may not qualify for traditional forms of lending and need fast capital to accommodate operational expenses, seasonal production cycles, payroll obligations or business growth.

What is Accounts Receivable Financing?
Accounts receivable financing is the process by which Bear Funding’s lenders buy a company’s accounts receivables for a cash discount.  The company makes the sale and sets terms of payment for their customers, as usual, and sells invoices to the lender at a discount.

Bear Funding can provide full bookkeeping services by applying payments as they are received, updating and maintaining a company’s accounts receivable aging, researching short pays and partial pays and commencing collection efforts on delinquent account debtors.

Customer Profile
In order to be eligible for the accounts receivable financing, a customer must:
• Have monthly sales volume of $50,000 or more
• Have business-to-business receivables to sell (consumer invoices are not eligible)

Customers typically:
• Are unable to obtain traditional forms of financing
• Are staffing, government contractors, manufacturing, wholesale, transportation, seafood, import/export, distribution or service companies
• Have immediate working capital needs caused by a business challenge such as rapid growth, account receivable concentrations, Chapter 11 bankruptcy, restructuring, merger, acquisition or buyout, high leverage, seasonal fluctuations or losses

Questions
• Does the company sell products or services on open account terms? – Yes / No
• Is the company experiencing any of the following?
• Rapid growth – Yes / No
• Slow receivable turn – Yes / No
• Deficit equity position – Yes / No
• New in business – Yes / No

• If the answer is Yes to the above questions, then Accounts Receivable financing may be the answer.