Business Manager®: Accounts Receivable Financing for your Small Business

Imagine what your business could do if all of your customers paid you within 24 hours…

 

The BusinessManager® program provides your business with flexible and immediate cash giving you the opportunity to grow, meet operational overhead, take advantage of vendor discounts, hire staff, and fund payroll. You no longer need to wait 30, 60, or 90 days for payment from customers.

 

Check out this video to learn how the program works:

Key Elements of BusinessManager®:

Cash Flow
Financing your accounts receivable with BusinessManager® gives you predictable access to cash to better manage your operations.

 

Discounts
Regular cash flow allows you to pay suppliers quickly so you’ll never miss out on a prompt-pay discount.

 

Flexible Terms
By converting your accounts receivables to cash, you can afford to offer your best customers flexible terms.

 

Growth
By funding your new invoices upon receipt, BusinessManager® positions you to take on new opportunities and manage your growth with ease.

 

Peace of Mind
No more worrying about whether you’ll get paid in time to make the next payroll or be able to buy materials to fulfill a large order.

 

Line Management
With BusinessManager®, your customers’ payments are automatically posted to your line of credit, reliably reducing your balance and creating new credit availability.

 

Vendor Relationships
Reliable cash flow gives you the cash to build stronger relationships with your key vendors.

 

BusinessManager® has been used in more than 300 industries. Here is a sample of common business types we see using the program:

 

Manufacturers

  • Lumber & wood products
  • Industrial & commercial machines
  • Fabricated metal products
  • Tool & die
  • Apparel
  • Textile mill products
  • Medical instruments & apparatus
  • Paper products
  • Furniture & fixtures
  • Rubber & plastics

Wholesale Distributors

  • Medical & hospital equipment
  • Electrical & plumbing supplies
  • Printing & publishing
  • Paper products
  • Industrial components & supplies

Transportation & Trucking

  • Heavy trucking & hauling
  • Light hauling & delivery
  • Movers
Natural Gas & Oil Services

  • Water supply trucks
  • Drilling & mining equipment suppliers
  • Fuel distribution

Business Services

  • Temporary services
  • Staffing services
  • Graphic & display designers
  • Land surveyors
  • Building maintenance
  • Engineering
  • Safety equipment service & supplies
  • Technical & computers
  • Support providers

Automotive Services

  • Tire dealers
  • Automobile parts
  • Auto & truck repair & service

Cash flow isn’t just the core of your business, it provides the engine of growth to accept bigger projects, hire the next employee, or optimize your business for profitability. With BusinessManager® and Scott Credit Union, you can unlock the working capital you need to grow your business!

 

Is BusinessManager® right for you? Start a conversation with one of our Commercial Banking representatives to find out. Email us at [email protected], call us at (618) 381-7315, or fill out the web form below and we will reach out to you!

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