The 120% Difference
In our 65+ years of financing accounts receivable, we’ve learned that the standard advance rate of 85% may not always be enough to meet working capital needs.
Through our Receivables Plus product, we can advance up to 120% of a company’s accounts receivable balance, well beyond the typical 85% advance rate offered by other factoring companies.
Gibraltar’s approval process is quick, requiring only a summary A/R aging, a summary A/P aging and a most recent year-end and current year to date financial statements. We can provide a written proposal within 24 hours of receiving a full diligence package and funding within days of a signed proposal.