As a business owner, your relationship with your bank plays a crucial role in the success of your venture. It’s no secret that big banks dominate the financial landscape, holding a significant portion of deposits. However, recent statistics show that while these banks hold 63% of all deposits, they only account for 28% of small business loans. This discrepancy highlights the importance of finding a community bank that truly understands your business and its unique needs. At American Receivable, we not only recognize this need, but we also offer a fast and easy factoring solution to help your business thrive.
Finding a Community Bank:
Community banks are often the unsung heroes of the financial world. They are locally owned and operated, prioritizing the needs of small businesses within their communities. Unlike big banks, community banks understand the challenges faced by small businesses and are more likely to provide tailored financial solutions. By establishing a strong relationship with a community bank, you gain access to personalized service, specialized industry knowledge, and a greater understanding of your business goals.
Understanding Your Business Needs:
One of the most significant advantages of working with a community bank is their ability to comprehend the unique challenges and opportunities your business encounters. Whether you run a startup or a long-standing enterprise, a community bank can offer personalized financial advice, suggest suitable loan options, and provide insights into your industry. By fostering a close relationship with your bank, you can build trust and rely on their expertise to make informed financial decisions.
Enter American Receivable:
At American Receivable, we understand the importance of supporting small businesses, which is why we offer fast and efficient factoring solutions to meet your working capital needs. Factoring is a financial solution where you sell your accounts receivable to a factoring company, at a discount in exchange for immediate cash. By leveraging this service, you can improve cash flow, meet payroll, pay suppliers, and invest in growth opportunities without waiting for your customers to pay their invoices.
With American Receivable, you can expect:
- Quick and Easy Process: Our streamlined factoring process ensures that you receive cash quickly, often within 24 hours of submitting your invoices.
- Customized Solutions: We understand that every business is unique, which is why we tailor our factoring programs to suit your specific requirements.
- Dedicated Support: Our team of experienced professionals is committed to providing personalized attention and assistance throughout the factoring process.
- Competitive Rates: We offer competitive rates and transparent terms, allowing you to maintain control over your finances while accessing the funds you need.
Contact Us Today
Ready to build a strong relationship with your bank and take advantage of our hassle-free factoring solutions? Contact our team at American Receivable today. Let us help your business thrive by providing the financial support you need to achieve your goals.
Remember, a good relationship with your bank can be a game-changer for your business. Choose American Receivable and experience the benefits of working with a reliable financial partner dedicated to your success.
Jack Stieber jack@americanreceivable.com 972-404-4726
Sarah Fischer sarah@americanreceivable.com 972-404-4726
Brad Gurney brad@americanreceivable.com 800-297-6652
Julie Adams julie@americanreceivable.com 800-297-6652
Dakota Stieber dakota@americanreceivable.com 512-339-5112
