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For the businesses that have a heavy reliance on business-to-business transactions and see their growth hampered by waiting on the collection of these large, slow paying receivables the bank offers a special type of line of credit. This special agreement allows the bank to actually “purchase” the receivable giving the business owner the advantage of having the cash generated from the invoice within days of the completed work rather than waiting months. This type of funding is for receivables only and it’s tailored to fit businesses that are expecting significant growth. Contact one of our Commercial Lenders at 715-344-5522 to get started.

 


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