UMB is a working capital lender that offers flexible accounts receivable financing, also known as invoice financing. We can help you turn your current business volume into funds to help you grow, acquire or cover your short-term cash flow needs.
Is accounts receivable financing right for you?
Many businesses experience challenges when looking to secure traditional bank financing, usually due to tighter credit requirements, reduced liquidity or significant growth. If you're looking to access funds quickly to meet daily business demands, working capital financing may be the solution for you. This flexible financing option can work well for companies that handle high amounts of day-to-day expenses or require consistent cash flow to maintain quality service. Your working capital is the key to unlocking improved spending power and enhanced operations management.
What we offer
We typically service companies with annual revenue between $2 million and $450 million. We can provide the necessary working capital with facility sizes from $200 thousand to $35 million.
- Electronic transfer of funds sent to your business account
- Online reporting that allows you to analyze your cash flow with your submitted accounts receivable
- Efficient management through UMB's back office team, who will work with you on your receivables reports.
What to expect
When creating a customized financial solution, it's important for us to fully understand your business—where you are and where you want to be. Our experienced team will provide a comprehensive company assessment to determine your day-to-day financial needs so you can choose the best solution for your current and future goals.
Your available financing is based on your current level of business. After you deliver or provide a good or service, you invoice your clients. UMB can then provide funds based on the income you will receive from those invoices. Invoice factoring is a convenient and flexible way to cover your day-to-day operating costs.
Contact us today to begin your customized business review.