Accounts Receivable Financingin New Orleans

Accounts Receivable Financing for New Orleans businesses

Accounts receivable financing - sometimes called an AR line or asset-based lending - lets New Orleans businesses borrow against unpaid customer invoices instead of waiting net-30, net-60 or net-90 for collection. It is a revolving facility: as new invoices age in, they become collateral; as old invoices get paid, the line replenishes. For staffing firms, logistics operators, oilfield services and government contractors operating out of Southeast Louisiana, that's a fundamentally better structure than a fixed-term loan.

The right fit is a B2B operator with creditworthy customers - New Orleans East Port tenants billing federal primes, 3PLs along the I-10 NE corridor billing big-box retailers, oilfield services crews billing E&Ps on 60-90 day terms. Advance rates run 80-90% of eligible invoice value. Pricing is typically 1-3% per month on the outstanding balance, materially better than factoring at consistent volume. Drawbridge Lending pre-screens by customer concentration, invoice aging and industry - staffing, freight and government contracting each have specialty AR financiers worth shopping rather than starting from a generalist line.

Every Drawbridge Lending application runs through Louisiana-licensed lending partners -- one soft credit pull, side-by-side offers, no fee until close.

Other money programs

• 01

  Invoice Factoring

  Sell your invoices, get cash within 24 hours
• 02

  Revenue Based Financing

  Repay as a fixed percentage of monthly revenue
• 03

  Small Business Loans

  One soft-pull application, every major loan product
• 04

  Small Business Loans Near Me

  Local New Orleans loan advisors, statewide lender bench
• 05

  SBA Loans

  Government-backed funding for New Orleans businesses
• 06

  Working Capital Loans

  Cover payroll, inventory and seasonal cash gaps