ALTERNATIVE BUSINESS FINANCING

Joel M. Frank, Sr.
Chairman of the Board



Contact:
Charles Faremouth
Director of Business Relations
Phone:
(877) ONE-SKY1
(877) 663-7591
Fax:
(561) 277-2528
Website:
www.OneSkyFinancial.com
E-mail:
cfaremouth@oneskyfinancial.com


ACCOUNTS RECEIVABLE FINANCING

One SKy FinancialThe accounts receivable of businesses are traditionally due 30 to 60 days after invoicing. Some small to medium size businesses cannot afford to wait for payment since overhead expenses, such as payroll, rent and taxes, must be paid on a more frequent basis. Generally, such businesses have limited availability of credit with suppliers and often require additional funds for working capital to maintain the flow of goods and services. Such short-term funding to facilitate growth or meet seasonal cash flow needs is usually not available from the traditional sources.

Therefore, there is a need for financial services to this generally ignored segment of the business community throughout the United States; specifically, the companies that do not have access to traditional lending sources. As a result, One Sky Financial Solutions specializes in accounts receivable financing for growing companies that are in need of cash.

One Sky Financial Solutions purchases accounts receivable from its clients and advances funds to their business. A portion of the purchase price is paid to the client upon purchase of the accounts receivable, and the balance is paid when One Sky Financial Solutions has collected on the receivable. There is no need for the client to wait 30, 60 or 90 days to collect the money owed. With accounts receivable financing, One Sky Financial Solutions turns the accounts receivable into instant cash, providing much improved cash flow.

One Sky Financial Solutions purchases accounts receivable that represent specific obligations arising from the sale of a product or the rendering of services in the ordinary course of the client's business. The product or service must have been delivered or fully rendered, as applicable, and been accepted by the client's customer without dispute, offset or other adjustment.

Accounts receivable financing provides a much needed financial solution without creating debt.

 

Phone: 1.877.ONE.SKY1
Email: cfaremouth@oneskyfinancial.com


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