Address
RCC Ventures, LLC
11 Broadway, Suite 500
New York, NY 10004
Phone: 646-290-9551

General Inquiries:
info@rcc-ventures.com

Accounts Receivable Financing: For Cleaning Up Current Liabilities

Accounts receivable financing (a form of asset-based lending (ABL) or factoring) provides your company with an increase in working capital without requiring you to borrow capital, tie up your valuable assets, or surrender equity. The purpose of this loan is to finance everyday operations; you receive an immediate cash advance against the value of your outstanding invoices. The pricing is almost always based on the Prime or Libor lending rate, with a maturity date that ranges between 12-36 months.

As a result, your business will acquire an ongoing supply of cash directly linked to your sales. When you generate an invoice, RCC Ventures releases up to 90% of the value of that invoice within 24 hours; the remainder is paid to you (minus a small service fee) upon receipt of payment.

As your business grows, so does the amount of funding that becomes available to you. Most Fortune 500 companies have used Accounts Receivable Funding to enhance their growth. RCC Ventures handles both foreign and domestic receivables.