Same-Day Cash on Your Company's Receivables
At RTS International, our accounts receivable financing solutions, also known as "factoring," are designed to increase cash flow within 24 hours for international companies that sell goods to the United States and Canada.
Here is the accounts receivable financing process, explained in five simple steps:
Step 1: Generate an Invoice
Your company sells products to a company based in the U.S. or Canada. Once the title has transferred to the buyer, you generate an invoice for the sale.
Step 2: Sell Your Invoice to RTS International
Instead of waiting 30, 60 or 90 days for payment from your customer, your company sells the invoice to us.
Step 3: Receive Funding
RTS International purchases the invoice and advances between 80% and 90% of the total invoice value to your company. RTS International holds the balance in reserve.
Step 4: Customer Collection
RTS International collects the full balance of the invoice from your company’s customer.
Step 5: Completion
RTS International returns the reserve balance to your company, minus a fee for assuming the collections risk.
Accounts Receivable Financing Versus Traditional Bank Lending
Accounts receivable financing is not a loan. The provided capital is based on the credit of your customers, not your balance sheet. This is an excellent alternative to traditional bank lending as you gain immediate cash flow without assuming new debt. More and more exporting companies are using our services for this reason.
Why You Should Choose RTS International:
- Innovative and creative business solutions customized to your company’s needs.
- Multicultural service representatives fluent in 15 languages.
- Funding provided within 24 hours.
- A U.S.-based business partner with more than 20 years of experience.
- Highly competitive rates.
- A dedicated representative who can assist you with all aspects of your account.
- No hidden fees.
- Digital invoice processing.