Advance rates on your accounts receivable will be determined based on your individual situation and will include an analysis of your company including: customer concentrations, size of invoices, and the industry you’re in. You can expect your typical advance rate to range from 75-85% of your eligible accounts receivable. Eligible accounts receivable generally include domestic accounts that are less than 90 days past due. Inventory and equipment advances have a wider range of advance rates and are dependent on the inventory and equipment we are looking at. Each situation is looked at individually.
Posted in: ASSET BASED LINES
