What is Fast Funding?
Accounts Receivables Funding turns unpaid invoices into cash for your business. You choose the invoices you need funded and the amount you need, with no long term agreement.
Accounts Receivable Funding versus a Bank Loan
Accounts Receivable Funding |
Bank Loans |
The amount of money that you can finance grows with your receivables | You can only borrow a capped or limited amount |
Since it’s not a loan, you assume no debt | You must pay both the principal and interest on the debt you borrow |
Your funding is not solely dependent on your credit score or financial history | Funding decisions are made based on credit score, financial history, and debt service coverage, as well as other criteria |
Accounts Receivables are taken as collateral | Extensive collateral obligations are often required |
It can take less than 2 days to set up your account | Securing a loan or line of credit can take up to 2 months |
Minimal paperwork and documentation required | Extensive paperwork, financial statements, and personal information required |
How Fast Is Fast Funding?
With Fast Funding, you could have access to the cash your business needs in just 2 days!
1
Send your invoice to JP Capital Group
2
Get up to 96% of your invoice in advance, once approved
3
We collect the invoice from your customer
4
We send you the rest of your invoice payment, minus fees