The market is always changing and it is becoming increasingly necessary to invest in sales strategies. After all, consumers are being fought over by different companies even at home , through networks and through e-commerce.
And when it comes to offering the best service to your customer, it is impossible to leave out the possibility of payment in installments . According to the National Confederation of Retail Managers (CNDL) and the Credit Protection Service (SPC), three out of every ten Brazilians still use some type of credit plan .
However, to offer this type of payment, your business needs to be prepared to avoid negative impacts on working capital. Therefore, the anticipation of receivables is a fundamental resource for your company.
In this article, we will provide a complete guide on this tool and how you can use receivables anticipation to boost your business results and keep your cash flow up to date. Keep reading!
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What is receivables anticipation?
Anticipating receivables has a mexico whatsapp number data meaning: it is a line of credit that allows your company to receive your sales in advance. In other words, it involves using money in the present that would only be available in the future.
For example, if your customer makes a purchase in up to 3 installments, it may take up to 90 days for your business to receive all the amounts . With advance payment, this amount can in advance and received in a few days.
Although it is important to be aware of advance fees , this feature can be the solution to offer installment options without negatively impacting your cash flow and working capital.
After all, you need to keep your earnings higher than or equal to your expenses, and receiving payments in installments can delay the receipt of these amounts. Advance payments get around this problem , allowing for more dynamism in your financial management.
What is the difference between an advance and a loan?
There are some doubts about the how asian investors face huge risk between loans and receivables anticipation. Although both types of loans are similar in that they are lines of credit, there are several characteristics that differentiate these resources.
In a loan, the bank provides an amount that must under the condition of certain interest rates that are consistent with the risk of the business. These rates are often quite high, which makes it difficult to reconcile the loan with good financial health for your company.
On the other hand, in the anticipation of receivables, the company only advances an amount that already belongs to it. The credit operation platform advances part of the amount , receiving payment as the customer makes the payment.
Because of this, advance rates tend to be lower – which makes the situation more sustainable for your company.
What are the advantages of receivables anticipation?
In addition to the differences b2b phone list anticipation and loan, there are other advantages to using receivables anticipation . It is necessary to consider all these particularities of the resource to understand when it applies to your organization.
