We offer an array of asset based lending (ABL) and financing solutions.
Stop waiting 30, 60, or 90 days for your customers to pay. Capital Desk will help you sell your high-quality commercial accounts receivable (A/R) upfront, giving you immediate access to your earned revenue so you can fund working capital, growth, or daily operations.
We will approve your customers for credit and let you know which invoices you can sell or “factor” to the commercial institution. This is just a preliminary step to get you pre-qualified.
Once you’re set-up, you will receive wire of up to 90% of qualified receivables. Upon issuance of new invoices, you can factor them with the A/R factoring facility for same-day capital. The remaining 10-20% of the invoice amount, the “un-advanced” portion, is securely held in a temporary reserve account to cover any customer payment discrepancies or administrative fees.
Your corporate client pay the factoring company directly according to their standard payment terms. Once the invoice clears, the factor releases the remaining reserve balance directly to you, deducting a transparent factoring fee for the exact number of days the funds were outstanding.
With access to 60+ financing partners, we guarantee you multiple paths to close, provided you qualify.
Since September, 2023, we’ve deployed $114M+ to clients across an array of industries.
A/R (accounts receivable) factoring is a method of commercial financing whereby you “sell” your good invoices that remain outstanding under normal payment terms. A/R Factoring is not for overdue or late receivables.
It works much like a traditional revolving business line of credit, except your customers pay the factoring company instead of you. You get 80-90% upfront, and then after your client pays the factor, the factor releases the remaining 80-90%, minus their fees.
Generally speaking, no. A/R Factoring is usually “non recourse” and structured as a “Purchase and Sale” – meaning you sell the invoice off of your balance sheet, entirely. However, in some instances (i.e. fraud), the transaction may be deemed “recourse”, meaning the “seller” or company would be liable for the payment, if the client never pays.
At a minimum, you need your customers to be credit worthy, meaning enterprise or very large customers (i.e. middle market). If you sell B2B to other small businesses, you will not qualify for A/R factoring. Profits are not required, but helpful in getting competitive approvals.