BusinessManager

Business Manager®

Could you increase profits by operating from an enhanced cash position? BusinessManager® provides companies with immediate cash for their outstanding accounts receivables. More than 30,000 businesses have discovered that this program is the key to running and growing their businesses more effectively.

Benefits of BusinessManager®:

  • Realize growth opportunities
  • Extend credit terms
  • Take advantage of supplier discounts
  • Reduce debt
  • Operate with confidence
1. Improve Cash Flow – With predictable cash flow, you can make payroll, remit payables on time, increase inventory, and pursue new business opportunities.
2. Grow Sales – Pursue larger contracts and/or new customers that you otherwise could not accommodate due to limited working capital.
3. Save time and money – Take advantage of prompt payment discounts from suppliers and get back to doing business.
4. Offer financing to your customers – Sharpen your competitive edge by offering flexible payment terms.
5. Increase your Bottom Line – Enhance profitability by increasing sales and reducing costs! Having cash-on-hand can make all the difference.

BusinessManager Funding Process

1. Invoices Created
A business sells products or services to its customers and sends the invoices for their purchase.
 
 
2. AR Data Sent
The Business uploads its accounts receivable file to the financial institution via Business Manager
 
3. Invoices Reviewed

The financial institution reviews the file and purchases the businesses’ accounts receivable.

 

4. Business Funded

The business recieves funding in its operating account. A percentage of the funds is placed in the business’s reserve account, and the financial institution receives a service charge.

 

BusinessManager Payment Process

SEND
Customers send payments to the business through the financial institution, which processes them in BusinessManager.

  

REVIEW
The business can see which invoices have been purchased and funded and which payments have been received via the 24/7 BusinessManager web portal.

  Credit Subject to Approval.  Additional terms and conditions apply.