Cash flow is the primary driver for any business. Access to it and putting it to work is key whether you are a freight broker or a construction management pro. Building a solid flow of working capital should come in many forms - both cash from customers, lines of credit and alternative (and faster) access to the cash you’ve already earned - your invoices.
Invoice financing to infuse cash flow
Boosting cash flow without incurring major debt can be a challenge - but there is an easy solution right in your accounts receivable account. Invoice financing. It’s not a loan because you are not taking on debt, you are keeping your cash flow healthy and more importantly - fast.
Focus on running your business
Free up your time and resources to focus on your business by outsourcing your back office solutions to a team with expertise in accounts receivable, collections, working capital solutions and treasury. Get back to doing what you do best and let the pros at BAM handle the rest. Focusing on running your business means you focus on growth.
Pursue growth opportunities
Take the opportunity to really scale. Pursuing growth opportunities when you have the cash in the bank allows you to capitalize on what you need to compete. Take on new orders, buy or lease new equipment, hire top talent, all because you have a stronger working capital position.
Minimize late payments and waiting for invoices to hit the bank when you receive funding for your accounts receivable within 24 hours of invoicing your customers. Your customers will enjoy longer payment terms without jeopardizing cash flow - making you easier to work with and supporting your client retention.
Let BAMfi make running your business easier
At the end of the day, managing cash flow is the critical factor in building your business. BAM has been helping businesses free up their cash flow with invoice processing. One-click funding and approvals in under 24 hours gives our customers immediate access to working capital. Call us today to learn how we can help you.