What is Trade Payable Financing?
Capital Credit offers Trade Payable Financing as a way to enable companies to extend their payment terms to their customers by having more access to money.
Once a client has an established account in good standing, Capital Credit pays your suppliers directly on your behalf and collects the factored and non-factored invoices to pay down the trade payable. It is a simple way to ease cash flow issues by financing payables over a longer period of time or paying suppliers that are not able to extend additional credit to your company.
Use Your Factoring Facility to Leverage Payables
Are you missing out on discounts and special offers because your company can’t offer early payments? With our trade payable financing program, you will have access to many offers with suppliers!
Here are some other benefits of using trade payable financing: