- (888) 255-1850
- [email protected]
Our, one-of-a-kind, Commercial Supplier Credit Assurance of Payment Program involves explaining the program’s purpose, benefits, and how it works. Asset Commercial Credit assures payment to your supplier for our Client, to obtain supplier credit until the goods or materials become an accounts receivable, received and accepted by our Clients, customer. This maybe dropped shipped if it is just a goods or from raw material manufacturing, then Asset Commercial Credit pays supplier after financing or factoring the receivable
At Asset Commercial Credit, we aim to empower businesses with financial solutions that foster growth and strengthen partnerships. Our Commercial Supplier Credit Assurance of Payment Program is designed to provide Suppliers with peace of mind when extending credit to our Clients. This program ensures that Suppliers are paid promptly for goods or materials delivered under special terms (When it becomes an accounts receivable, payments are made to the Supplier, when financed or factored), thereby enhancing supplier confidence and optimizing cash flow.
The purpose of the Commercial Supplier Credit Assurance of Payment Program is to facilitate strong supplier-client relationships by assuring payment to suppliers for the goods and materials sold on credit. Through our role as an Accounts Receivable (A/R) lender, we assure payment once the goods are received and accepted by our clients’ customer. This program helps suppliers manage payment risks while allowing our clients to acquire the materials or goods, they need to operate smoothly.
Supplier Agreement: Suppliers agree to extend credit terms to our clients for the delivery of goods or raw materials on special terms.
Delivery of Goods: The Supplier ships the goods or raw materials directly to our Client or sometimes, directly drop-ships to our Client’s customer, if applicable.
Credit Assurance: After the finished goods are received and accepted by our Client’s, customer’s designated location, the Client and/or the Supplier notifies us of the successful transaction.
Invoice Submission: The Supplier submits an invoice for the goods or materials provided to our Client.
Payment to Supplier: Upon verification of acceptance, Asset Commercial Credit finances or factors the receivable linked to the supplied goods and pays the supplier on their invoice, ensuring suppliers receive timely payment.
Client Repayment: The Client repays the financing amount to Asset Commercial Credit according to the prearranged terms, usually our Invoice Factoring or Accounts Receivable Financing Programs, ensuring a smooth cash flow cycle.
Assurance of Payments: Suppliers can have confidence knowing they will receive payment for the goods delivered, reducing financial risk associated with credit sales.
Increased Cash Flow: Immediate payment for goods allows suppliers to enhance their cash flow, enabling them to reinvest in operations and manage expenses effectively.
Strengthened Supplier Relationships: By providing payment assurances, suppliers can build stronger partnerships with borrowers, fostering loyalty and collaborative opportunities.
Reduced Risk of Non-Payment: Suppliers are protected against the risk of non-payment from customers, creating a safer business environment.
Flexibility in Credit Terms: Suppliers can comfortably extend credit terms to their customers, knowing they will be compensated for the risk they take.
Streamlined Processes: The program reduces administrative burdens for suppliers, as they can focus on fulfilling orders and building relationships rather than managing accounts receivable.
Expertise in Commercial Financing: With years of experience in the commercial finance sector, we understand the complexities of supplier financing and are equipped to provide tailored solutions that meet your needs.
Responsive Support: Our dedicated team provides exceptional service to suppliers and clients alike, ensuring a smooth and efficient experience throughout the financing process.
Customizable Solutions: We work closely with both suppliers and clients to customize financing arrangements that suit their unique business models and relationships.
Are you ready to enhance your supplier credit relationships and streamline your receivables processes? Contact Asset Commercial Credit today to learn more about how our Commercial Supplier Credit Assurance of Payment Program can support your business growth and financial security. Contact Us Today!
Join Asset Commercial Credit in fostering healthy supplier relationships and enhancing your cash flow through our Commercial Supplier Credit Assurance of Payment Program!
California Department of Financial Protection and Innovation
Finance Lender/Broker License #607-1896
National Real Estate
NMLS #2252595
