For local businesses, accounts receivable financing in Long Island, NY expedites payments on open customer accounts. But our AR Financing does much more. Summit Funding Solutions offers the most comprehensive program for accounts receivable financing in Long Island, NY which offers benefits such as:

  • Improved cash flow
  • The ability to build up growth capital
  • Eliminates staggered payment schedules
  • Reduces the need for traditional bank loans
  • Eliminates the need to perform collections on unpaid balances
  • Preserves business credit ratings
  • Automates business accounting
  • Provides a continued course of capital that increases with sales

The Advantages Of Accounts Receivable Financing In Long Island, NY

Summit Funding Solutions provides AR financing in Long Island, NY to businesses spanning all industries. Long Island area entrepreneurs receive a fast turnaround on invoices with aging periods of 30 days or longer. The improved cash flow helps to correct and prevent financial strain, which can often be traced back to unpaid customer invoices. Summit Funding Solutions’ program for accounts receivable financing in Long Island features:

  • Invoices converted to cash within 24 hours
  • Non-recourse financing
  • Credit insurance on qualifying customer accounts
  • Flexibility with no fixed payments
  • Funding increases as your business grows

Accounts Receivable Financing In Long Island, NY Is Used By All Industries

Any local business that issues invoices with staggered payment schedules of 30 days or longer can take advantage of our Long Island accounts receivable financing. Summit Funding Solutions provides accounts receivable financing to a wide range of industries in Long Island, including:

  • Healthcare providers and private practices
  • Managed care and assisted living centers
  • Trucking fleets and owner operators
  • Hotels and resorts
  • Staffing firms
  • Consultants
  • Government contractors
  • Construction companies
  • Landscaping businesses
  • Importers and exporters
  • Distributors
  • Manufacturers
  • Law practices
  • IT companies
  • Event planners
  • Venues

Accounts Receivable Financing In Long Island, NY Automates Accounting

When businesses use accounts receivable financing from Summit Funding Solutions, they free up a number of resources. No longer to businesses have to spend time tracking payments across multiple customer accounts, because invoices are immediately converted to cash within 24 hours. Additionally, there is no need to send out reminders about payments due. Invoices submitted for accounts receivable financing never get a change to “age out” so there is no longer a need to perform collections on unsettled accounts. Ultimately, businesses can automate the accounting process and focus on growth and production instead of chasing after revenue. With the added customer insurance, even if your clients do not end up paying the amount due on time, your business still receives revenue. It is easy to see why both new and established businesses use accounts receivable financing in Long Island, NY from Summit Funding Solutions.

If you own a business in Long Island, and want a fast and reliable method of ensuring a healthy cash flow, contact the experts at Summit Funding Solutions by calling 631-305-500 or filling out our contact form here.