Sky Business Credit
Information
Sky Business Credit provides accounts receivable funding for working capital to virtually any business selling a product or service to another business or governmental agency. Based on the age-old practice of factoring, accounts receivable financing provides immediate access to cash to increase sales, pay employees, acquire materials or inventory, or add equipment without waiting the customary 30-90 days for customers to pay.
Start-up businesses, those that are growing too rapidly, those that are in recovery or have hit some glitches in their credit history typically cannot qualify for bank funding. Sky Business Credit’s accounts receivable funding method provides greater flexibility in providing lines of credit from $10,000 to $1.5 million. Accounts receivable financing can be an alternative for clients of banks, business brokers and accountants seeking to help businesses grow and thrive despite cash flow challenges.