Maximize cash on hand
It’s a classic cash flow disconnect: when a vendor delivers their goods/services, they would like to be paid as quickly as possible and often offer a discount for early payment. Conversely, as a buyer, you would prefer to wait as long as possible before paying to maximize cash flow.
Vendors are sometimes unable or unwilling to offer extended payment terms, while you’re tasked with strategically managing accounts payable and your balance sheet to ensure optimal cash flow efficiency. What if you could pay your suppliers and retain just the right amount of cash on hand? Encore Funding can help you do that with Vendor Insta-Pay.
How it works
We pay your bills upfront; you get the advantage of extended payment terms to bridge the cash flow gap and the freedom to act on opportunities that keep you competitive.
- Benefit from extended payment terms at no cost to you
- Able to support all your suppliers
- Strengthen relationships with suppliers
- Preserve working capital
- Simplify accounts payable
- Available to start-ups through mature companies
- Easy-to-use platform that’s quick to implement
- No disruption to your supply chain
It’s an innovative payment system that streamlines the accounts payable process. We pay your bills upfront; you get the advantage of extended payment terms to bridge the cash flow gap and the freedom to act on opportunities that keep you competitive.
Talk to Encore
Do you have funding questions or other staffing needs? Connect with a dedicated advisor right away.