A healthy cash flow is essential to long-term success for businesses across all industries in North Carolina. Whether you own a manufacturing plant, a staffing agency, a trucking company, a niche startup, or anything in between, waiting on customers to settle outstanding invoices can place a severe strain on cash flow. Norris Commercial Capital provides accounts receivable financing solutions to businesses throughout Winston-Salem, NC to overcome and prevent cash flow issues and promote growth.
Why North Carolina Businesses Use Accounts Receivable Financing
North Carolina businesses use accounts receivable financing for a wide range of reasons, including:
- Making payroll and covering overhead costs
- Smoothing out uneven revenue cycles
- Building capital reserves for growth opportunities
- Streamlining the accounting process
At Norris Commercial Capital, our team will work with you to understand your needs and create a solution to help you reach your goals. Our accounts receivable financing program offers North Carolina business owners a number of benefits, such as:
- Invoices to cash in 24 hours
- No debt on the balance
- Preserve credit ratings
- Boost cash flow
- No arbitrary loan board decisions
- No upper limits for financing
- Fast and easy setup
- Free credit insurance on your customers
Working Capital without Debt
Accounts receivable financing gives North Carolina business owners the ability to pivot away from loans and other debt-based programs. Instead of placing debt on the books or taking a hit to credit ratings, businesses can simply exchange unpaid invoices for cash. Rather than wait 30 days or more, accounts receivable financing eliminates staggered payment schedules and funds invoices within a single business day. This gives North Carolina businesses an advantage by removing waiting periods and the need to perform collections while building up capital reserves to cover overhead expenses and take advantage of growth opportunities.
AR Financing for a Wide Range of North Carolina Industries
Norris Commercial Capital provides accounts receivable financing solutions throughout the Winston-Salem area. A number of industries and businesses in North Carolina can access our accounts receivable financing program, including:
- Freight companies
- Law offices
- Staffing companies
- IT businesses
- Catering companies
- Service industry
- Healthcare providers
- Energy companies
Get Started Today
If you own a business in the Winston-Salem, NC area and issue invoices with payment schedules of 30 days or more, contact the experts at Norris Commercial Capital. Our team will work with you to create an accounts receivable financing strategy tailored to your needs. Whether you are struggling to make payroll and overcome cash flow issues, or you simply want to boost your rate of revenue to position your business for growth, Norris Commercial Capital can help. Contact our offices today to get started.
Winston-Salem, NC is a leader in the major industries in the country. Home to the nation’s largest propane exchange company and other staple industries, Winston-Salem is also leading the way in bio, nano, and other high-tech fields. Many large corporations, along with their suppliers and distributors have roots in Winston-Salem, and Norris Commercial Capital serves the financial needs of all industries from large companies to niche startups.