Accounts Receivable Line of Credit
Our accounts receivable line of credit enables B2B companies to borrow against unpaid customer invoices. It’s as innovative as you are.
Also called an asset-based line of credit or invoice financing, Dealstruck’s accounts receivable credit line gives technology companies access to borrow up to 85% of their eligible outstanding invoices so they can take on new business and manage day to day expenses. It’s everything you love about invoice factoring with nothing you don’t.
So go ahead. Give your business clients net 30 or even 60 day terms and gain an advantage over your competitors. With the safety net of a revolving line of credit, you won’t have to turn away new clients or new opportunities due to cash flow concerns.
“The process from signing up to being funded went very quickly, so we were able to make needed changes really fast. The capital we received helped take a lot of pressure off our overhead. I’ve referred some other companies to Dealstruck. They helped us move beyond R&D and selling, to mainly selling – a lot.”
Jake Hansen – ZTelco, Communications Company
Features of the Accounts Receivable Line of Credit
- No payments. Balance is paid down as client payments come in
- Borrow up to 85% of your eligible accounts receivable
- Credit lines up to $500,000
Benefits for Technology Companies
- Offer net terms to your business clients
- Free up cash for other operating expenses
- Manage payroll and fix cash flow issues
Our term loans offer flexibility, affordability, and a fixed payment so you can manage your monthly expenses.
Dealstruck has provided business term loans for many technology companies and we can help yours too. Whether you need capital to hire staff, invest in new software or equipment, or expand your location, we will help your technology business grow and prosper by providing the right loan for your stage of growth.
“We got both a term loan and a line of credit from Dealstruck. One loan option helped us pay off our MCA loan while the other gave us the freedom to grow. Finally, we’d found an easy and transparent solution that enabled us to make payroll and hire new staff. We’d finally found a loan provider that could understand the conditions of our business and work with us to provide a solution that met our needs.”
Marcus Martin, PhD, MPH – 2M Research, Government Contractor
Features of the Term Loan
- Fully amortizing fixed payments
- Terms up to 48 months
- Loan amounts up to $350,000
Benefits for Technology Businesses
- Buy equipment, software, or hardware
- Hire staff or advertise
- Expand your operation or open a new one