Business Resource Partner

If you have outstanding invoices that you can't seem to wait 30, 60, or even 90 days to get paid, then we have a solution for you. Here's how it works:

Step One: Prepare and mail your invoice to your customer as usual. Forward a copy to RBP, Inc. for processing

Step Two: RBP, Inc. verifies the invoice will be paid, then immediately pays you 80% of the invoice amount - right to your bank account

Step Three: Your customer pays RBP, Inc. - when that happens, we return the remaining 20% of the invoice money right to your bank, minus our fee.

Business Resource Partner

Businesses need cash flow in order to stay in business. However, cash flow may not be readily available to some companies. No matter what caused the problem, the business will need to quickly find ways to increase cash flow. Obtaining a business resource partner can help solve the problem.

Which business resource partners and solutions are chosen will greatly depend upon the company's needs, credit history, ability to repay, cash flow history, and the business owner's credit history. In some cases, it will be easier to get debt financing. With debt financing, banks or other commercial finance institutions become the company's business resource partner. In other cases, it will be easier to get equity financing. The business resource partner may be a venture capitalist.

The solutions may range from obtaining a loan to selling off some of the company's assets. Obtaining a line of credit or working capital loan through a bank can be an option. It is usually easier to get financing through the smaller community banks. Sometimes it is easier to get loans through commercial or private financing companies. It may be possible to get a Small Business Administration (SBA) guaranteed loan through a SBA resource partner. The SBA and banks have a lot of requirements the business must meet, whether taking out a short-term or long-term loan, or attaining a line of credit.

With the debt financing methods, the company maintains control of the receivable accounts, and must collect the debt payment. Even if the clients fail to repay the debt, the company must pay off the loans, plus interest and fees that were based on the income from those accounts. If the business used venture capital from an investor, the investor could demand to take over management of the business.

Factoring is another option. With factoring, even the less established businesses can turn their receivable accounts into immediate cash flow assets. While similar methods of invoice discounting rely on loans with the accounts receivable as collateral, factoring relies on the purchase of these accounts. The factor assumes all the liabilities and risks of the non-paying accounts.

Resource List