Your Invoices Aren't Cash Yet: Turn Receivables, Inventory, and Equipment Into Real Working Capital

Your Invoices Aren't Cash Yet: Turn Receivables, Inventory, and Equipment Into Real Working Capital

Your business may be profitable. Your sales may be growing. Your customers may be reliable.

But if your cash is tied up in 30-, 60-, or 90-day invoices, inventory waiting to sell, or equipment already working on your behalf, growth can still feel tight.

That is where asset based lending, accounts receivable financing, invoice factoring, and other working capital loans can change the timing.

You do not always need to wait for customers to pay. You may be able to use the assets your business already owns, or the invoices your customers already owe, to unlock capital now.

Facilities can reach up to $150 million. Receivables advances are often 80%–90% of invoice value, inventory advances can reach 90% of net orderly liquidation value, and qualifying factoring or freight programs may fund in as little as 24 hours.

Start with Athena at https://wfa.cash/talk. Your conversation is soft pull only, no obligation, and no pressure.

Your Assets Can Move Faster Than a Bank Loan

Traditional bank financing often focuses heavily on your credit score, profitability, years in business, and strict financial covenants.

Asset-based financing looks at something different:

• The quality of your receivables
• The credit strength of your customers
• The marketability of your inventory
• The value of your equipment
• The reliability of your sales and collection process

That distinction matters.

A fast-growing company may have excellent invoices but limited borrowing history. A seasonal operator may have strong assets but uneven monthly revenue. A turnaround company may have valuable inventory and equipment but a credit profile a bank will not accept.

Asset-based lending is underwritten primarily on collateral quality, not just your credit score or years in business.

That can make it available to companies a traditional lender would decline.

You keep your ownership. You put existing assets to work. You create a funding source built around how your business actually operates.

Ask Athena which working capital program fits your business. It takes a few minutes and begins with a soft pull only, no effect on personal credit, and no obligation.

What Can You Finance?

We Finance America’s lender network supports ten asset-based programs. Each one solves a different cash-flow problem.

1. Asset-Based Line of Credit

Built for: Manufacturers, distributors, wholesalers, retailers, and seasonal businesses.

This revolving line is secured by accounts receivable, inventory, and equipment. As your assets grow, your borrowing availability can grow with them.

You draw when needed, repay as customers pay or inventory sells, and reuse the available credit. Asset-based lines often provide fewer covenants than a traditional bank loan, and you do not give up equity in your company.

Facilities can reach up to $150 million. Once established, draws may be available in as little as one hour, including weekends, depending on the facility and lender.

2. Accounts Receivable Financing

Built for: B2B companies in staffing, transportation, wholesale, manufacturing, and professional services.

Accounts receivable financing converts invoices due in 30, 60, or 90 days into cash today.

Advances are often 80%–90% of invoice value. Approval is driven largely by the credit strength of your customers rather than only your company’s credit score.

You may retain your collections process, depending on the structure. Both recourse and non-recourse options may be available.

3. Supply Chain Finance

Built for: Larger buyers with significant supplier networks and the suppliers serving them.

Supply chain finance helps suppliers get paid in one to three days on approved invoices while buyers preserve longer payment terms.

Programs generally range from $5 million to $150 million. Suppliers receive faster cash, buyers protect liquidity, and important vendor relationships remain stronger.

4. Healthcare Receivables Financing

Built for: Home health agencies, medical staffing firms, skilled nursing facilities, behavioral health providers, DME companies, hospitals, and clinics.

Healthcare businesses often deliver services today and wait weeks or months for reimbursement from commercial insurance, Medicare, or Medicaid.

Healthcare receivables financing provides advances against those reimbursement cycles. Medical inventory and equipment may also support the borrowing base.

5. Invoice Factoring

Built for: Growing businesses with slow-paying customers, seasonal sales, or limited bank credit.

With invoice factoring, you sell eligible invoices to a factoring company. You receive most of the invoice value immediately. The factor generally manages collection from the customer and sends you the remaining reserve, less fees.

Factoring is not a traditional loan, so it does not create new debt on your balance sheet in the same way a loan does. Fees commonly range from approximately 1%–5%, depending on customer credit, invoice volume, payment timing, and structure.

Funding may be available within 24–48 hours after approval.

6. Freight Factoring

Built for: Owner-operators, trucking companies, fleets, and freight brokers.

Freight companies often pay for fuel, drivers, repairs, and insurance long before brokers or shippers pay their invoices.

Freight factoring can provide payment within 24 hours, with priority funding potentially available in as little as one hour. Programs may include fuel cards, free broker credit checks, recourse or non-recourse options, and support for new carriers hauling for creditworthy customers.

7. Payroll Funding

Built for: Staffing agencies and recruiting firms.

You may need to pay employees weekly or biweekly while clients pay invoices in 30 or 60 days. Payroll funding advances against those receivables so you can meet payroll without waiting for every customer to pay.

The facility can scale as you win contracts, place more workers, and grow your invoice volume.

8. Sales Ledger Financing

Built for: Established companies with strong receivables and capable internal collections teams.

Sales ledger financing creates a confidential revolving line against your entire receivables ledger rather than financing invoices one at a time.

You keep managing collections. Your customers are generally not notified that a lender is involved. Availability replenishes as receivables are collected.

Confidentiality depends on the final structure, so it should always be confirmed before you commit.

9. In-Transit Financing

Built for: Importers, exporters, retailers, automotive companies, electronics businesses, and consumer-goods operators.

Your capital can be frozen while goods are on the water, rail, or road. In-transit financing unlocks working capital against purchase orders, supplier invoices, bills of lading, and goods moving through the supply chain.

Repayment can be tied to delivery or sale, helping you manage long lead times without exhausting your existing credit.

10. Inventory Financing

Built for: Retailers, wholesalers, distributors, manufacturers, e-commerce sellers, and consumer-goods businesses.

Inventory financing turns stock on your shelves into a revolving source of capital. You can buy in bulk, capture supplier discounts, meet seasonal demand, or fund expansion.

Advances can reach up to 90% of net orderly liquidation value, depending on inventory type, marketability, turnover, and lender requirements.

Speak with Athena about your receivables, inventory, or equipment. The first step is complimentary, soft pull only, and completely non-binding.

Factoring vs. Receivables Financing: What Is the Difference?

The terms are sometimes used interchangeably, but the structures are different.

| Feature | Invoice Factoring | Accounts Receivable Financing | |---|---|---| | Basic structure | You sell invoices | You borrow against invoices | | Who usually collects | The factor | Your business | | New debt created | Generally no traditional loan debt | Yes, it is a secured financing facility | | Customer notification | Often required, depending on structure | May be confidential | | Approval focus | Customer credit and invoice quality | Customer credit, collateral, and business operations | | Risk option | Recourse or non-recourse | Recourse or non-recourse structures may be available |

With recourse, your company remains responsible if a customer fails to pay.

With non-recourse, the financing provider may absorb certain customer non-payment risks. That provides bad-debt protection, usually at a somewhat higher cost and subject to specific exclusions.

Confidentiality also varies. Some programs require customers to remit payments directly to the lender or factor. Others can remain confidential while you continue collecting. The exact arrangement should be explained and confirmed before commitment.

Why Operators Choose Asset-Based Working Capital

You may benefit from asset-based financing when:

• Your customers pay slowly but have solid credit
• Your sales are growing faster than your cash flow
• Your company is seasonal
• You need to make payroll before receivables arrive
• Inventory is tying up capital
• Equipment is valuable but cash is limited
• A bank has declined your application
• You want working capital without giving up equity
• You need funding quickly for a time-sensitive opportunity

This is not about borrowing blindly.

It is about matching the right asset to the right financing structure.

Receivables may support an invoice facility. Inventory may support a borrowing base. Equipment may support a separate loan or strengthen an overall collateral package. A lender-placement advisor helps determine which path fits your operating model.

What Happens When You Talk to Athena?

Athena is We Finance America’s 24/7 AI loan placement advisor. She answers questions, explains the differences between programs, and starts your application on the spot.

You can tell her:

• What your business sells
• Who owes you money
• How much inventory or equipment you hold
• How quickly you need capital
• Whether confidentiality is important
• What the funds will accomplish

We then work to match your opportunity with an appropriate lender from a nationwide network.

The process is designed to be fast, clear, and professional:

• Soft pull only during initial qualification
• No effect on your personal credit
• Information encrypted in transit and at rest
• Information shared only with the specifically matched lender after written authorization
• Never sold
• No unnecessary lender shopping
• No obligation to move forward

Talk to Athena now for a no-pressure, soft-pull-only conversation that takes just a few minutes.

Frequently Asked Questions

Is asset-based lending only for companies with perfect credit?

No. Asset-based lending focuses primarily on collateral quality and customer credit. That can make it available to fast-growing, seasonal, turnaround, and credit-challenged companies that a traditional bank may decline.

How much can I receive against my invoices?

Advances are often 80%–90% of eligible invoice value. Actual availability depends on customer credit, invoice aging, concentration, disputes, payment history, and the selected program.

How fast can I get funded?

Factoring and freight programs may fund in as little as 24 hours after approval. Once a revolving facility is established, draws may be available in as little as one hour, including weekends, depending on lender procedures.

Will my customers know I am using financing?

It depends on the structure. Some factoring programs require customer notification. Sales ledger financing and certain receivables facilities may be confidential. Confirm this before accepting terms.

Can I finance inventory and equipment too?

Yes. Inventory and equipment may support an asset-based line or separate financing structure. Equipment financing is also available for many industries through We Finance America’s equipment financing program.

Does checking my options affect my personal credit?

Initial qualification is soft pull only, with no effect on your personal credit. A full review occurs only later and with your permission if you decide to proceed.

How do I get started?

Speak with Athena at https://wfa.cash/talk. You can also call (602) 905-2066 or email Freequote@wfa.cash. There is no obligation, no pressure, and no cost to ask questions.

Your Invoices Are Waiting. Put Them to Work.

Your receivables, inventory, and equipment are not just balance-sheet entries. They may be the foundation for your next working capital facility.

Do not wait 60 days for cash you have already earned. Do not let inventory sit idle while the next opportunity passes. Do not assume a bank decline is the end of the conversation.

Talk to Athena and find out which asset-based program fits your business. It takes a few minutes and starts with a soft pull only, no effect on personal credit, no obligation, and no pressure.