Accounts Receivable Finance
With Accounts Receivable Finance from Raistone, your business is paid weeks or months earlier, while your customers’ payment terms stay the same. All without taking on a loan.
Invoice created for $100,000
Ordinarily, your company is left waiting waits 90+ days to get paid for the goods and services they sell. By using Accounts Receivable Finance with Raistone, they can submit their invoices for early payment for a small discount.
Submitting an invoice is easy, because Raistone technology is integrated with major invoicing and accounting systems, allowing this business to continue using the platforms they already use. This company simply requests an acceleration of their invoice through their existing ERP and it is quickly processed by Raistone.
Raistone advances invoice
Instead of waiting 90 days, your company gets paid for your invoice weeks earlier, minus a small discount. This is money that was already due to you, so it is not a loan or debt. You can now use this capital however you wish:
Your customer pays $100,000 on invoice due date
Your company was already paid months earlier, using the money to take on new customers. Your company’s customer still pays on day 90 as they always have.
In other words, between you and your customer, it’s business as usual.