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Accounts Receivable FundingAccounts receivable funding (also known as accounts receivable factoring) is a quick and easy method of raising working capital for small and medium-sized businesses. By selling their invoices (listed as accounts receivable in the assets section of a balance sheet) for goods or services rendered to a larger company at a discount, a small business is able to secure immediate funding while the larger company assumes the credit risks of taking on the accounts and collecting the money owed. ibank.com makes it easy for a small business to obtain working capital with accounts receivable funding. By registering with ibank.com, a small business can instantly find a host of local lenders who are interested in providing them with an accounts receivable loan. The client can then compare proposals, negotiate with the lenders, and ultimately choose the lender who will best benefit them, all online--without the need for faxes, post, or paper--via ibank.com's Digital Loan Center. Benefits of Accounts Receivable Funding To register a small business with ibank.com, visit the registration page. Choose a location, loan amount, and preferred type of loan, then create an account username and password. Or call customer service toll free at (877) 999-6465 for more information. |
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