Anticipation of Receipts and Receivables for Companies. It Works?



 

 

Anticipated receivables and receivables serve for companies to carry out an infinite number of things for the development and maintenance of a trade, industry or service office. When it comes to cash advance, it would obviously be a future cash that is reallocated to be used at that time.

And this has been an alternative for many entrepreneurs and small and medium businesses to conduct their business in a slightly more efficient way. The money obtained with anticipation of receivables mainly, serves from payment of the expenses of the day to day until payments of 13º salary and vacations of employees. The truth is that many entrepreneurs have been looking for a number of alternatives to give vent and strength to cash flow.

Anticipation of receipts and receivables

 

Anticipation of receipts and receivables

 

Currently the credit market has also evolved in this direction and many Fintech companies have specialized in the anticipation of receivables online , many platforms are providing this type of credit often saving the entrepreneur from banks and institutions that have reduced or delimited their lines of credit business or commercial credit. Specific lines of credit for prepayment of receivables are among the best options for obtaining immediate cash.

With the anticipation of receipts and receivables , the company accesses a credit operation that enables a company to have almost instant access to the cash amounts that would only be received at later dates. In this modality, for example, the company is able to anticipate the future values ​​of installment sales (that is to say, term) on the credit card, duplicates and other forms accepted by the online platforms of anticipation of receivables.
On days like today, where competition and the economic situation itself is not very favorable, micro, small and medium-sized companies need to do the best and have this type of financial resources quickly and effectively can make all the difference in winning or losing in business.

 

Lines of credit for prepayment of receivables

 

Lines of credit for prepayment of receivables

 

On the internet the entrepreneur has access to numerous lines of credit available in various financial institutions managed by platforms known by marketplaces and they allow companies when necessary to use their receivables to raise money fast. This mechanism has helped because it offers more options, and so the business owner or business can choose the cheapest way to get money for your business.

Usually, small and medium-sized companies do not have guarantees, and for this reason some difficulties in obtaining cheap interest loans in banks and financial institutions are a hindrance to loans and financing, so the limits of overdraft and business credit card and often the staff is also used. However, these arrangements apply higher and higher interest rates that influence the cost of the product or the profit of the business.

Online Companies, Fintechs and Credit Startups

 

Online Companies, Fintechs and Credit Startups

 

There are also working capital lines or “fintechs” services (start-ups of new technologies in financial products). In addition to anticipation, small business owners can also count on “guaranteed account” credit, which provides duplicates, checks and receivables, for example as collateral. Some can offer lower interest rates based on a more individual borrower and the creditors.

In online platforms, fintechs that operate with new technologies in financial products offer, in addition to the anticipation of receivables, the interested party also has lines of working capital, loan with property guarantee and goods or credit services as “account guaranteed “etc. Duplicates, checks and receivables in this mode are given as collateral. Online businesses such as:

  • Rapidoo factoring online
  • Pending anticipation of receivables
  • Advance credit for companies and anticipation of receivables
  • ISF credit oriented – how does it work and how do?
  • In addition to the credit cooperatives with special products, services and loans, also access here the portal the page on online alternatives of platforms for loan for companies

All these companies analyze the risks of the lender, in addition to the debtor, to offer more attractive rates.

Most of these business credit alternatives are able to offer lower interest rates than banks and financials based on analysis with their own technology to chart the individual risk profile of lenders and borrowers.

 

online credit platforms for prepayment of receivables

online credit platforms for prepayment of receivables

 

The differential of online credit lending platforms and anticipation of receipts and receivables lies in offering immediate cash with lower interest than found in traditional financing lines. These fintechs and Startups specialize in micro, small and medium entrepreneurs, and the tactic is to mediate the relationship between buyers and suppliers.

Other alternatives to obtain financing, working capital and credit for companies with differentiated facilities are found in platforms such as:

  • Nexoos – P2P Lending Corporate Loan
  • Kavod lending – corporate loan
  • Tutudigital – peer-to-peer loan for companies
  • FINEP – Business Credit Programs
  • BancaClub – P2P loans (peer to peer)
  • Mutual – for anyone who wants to borrow and who wants to Invest
  • Biva – small business loan, average and MEI’s

For those who are restricted or negative, it is worth reading the comparison of personal loans in Simplic, MoneyMan and Crefisa and also in Credisfera.

Is it worth making the anticipation of receipts and receivables?

 

Is it worth making the anticipation of receipts and receivables?

Of course it’s worth it, or you make the anticipation of receivables and have cash or do not and get stuck to more expensive forms of credit. Well, it has come to realize that business credit in Brazil is in full evolution and there is no shortage of opportunities to make the anticipation of receipts and receivables to get money to leverage or keep if business in full operation or growth. Good luck!