Accelerated Payments offers a receivables finance platform that allows businesses to select specific invoices for immediate cash access, enhancing cash flow without long-term contracts or hidden fees. This solution addresses the cash flow challenges caused by delayed payments from customers, enabling companies to cover operational costs and support growth effectively.
Funding
$33.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses, especially those trading internationally or with large corporations, face cash flow challenges due to delayed payments from customers, which can hinder their ability to cover operational costs, invest in growth, and manage day-to-day expenses. Traditional financing options may require long-term contracts or impose restrictive conditions, limiting flexibility.
Solution
Accelerated Payments offers a receivables finance platform that provides businesses with immediate access to cash by allowing them to select specific invoices for funding. This solution enables companies to improve their cash flow without being locked into long-term contracts or facing hidden fees. By accelerating payments on outstanding receivables, businesses can gain the financial freedom to cover operational costs, manage payroll, and pursue growth opportunities. The platform's transparent fee structure and quick decision-making process offer a flexible and efficient way to unlock working capital tied up in unpaid invoices.
Target Audience
The primary target audience includes businesses of all sizes that experience cash flow constraints due to delayed customer payments, particularly those engaged in international trade or supplying large corporations with extended payment terms.
Features
- Selective invoice financing, allowing businesses to choose which receivables to accelerate.
- No long-term contracts or personal guarantees required.
- Transparent fee structure with competitive rates and no hidden extras.
- Quick application, approval, and payment process through an automated platform.
- Suitable for both domestic and international trade, particularly beneficial for businesses with overseas customers and extended payment terms.
- No minimum customer concentration requirements; financing available even with a small number of customers.