A/R financing FAQ
Accelerate cash flow with Nuvei’s A/R financing
At Nuvei, we empower businesses to thrive by optimizing cash flow and unlocking growth opportunities. With our A/R financing solutions, you can access the working capital you need to fuel your business without disrupting your operations.
Why choose Nuvei for A/R financing?
- Seamless integration: Connect your financial stack effortlessly through our cutting-edge platform.
- Tailored credit offers: We evaluate key business metrics like outstanding debt, expenses, and cash flow to provide a credit limit that works for you.
- Flexible repayment plans: Manage your repayments with ease through fixed, automatic payments—customizable to suit your timeline.
- Transparent terms: Say goodbye to hidden fees and penalties; prepay your loan anytime without extra charges.
How it works
- Secure enrollment: Provide your business bank connection details for a secure review of your cash flow.
- Rapid credit offers: Receive personalized loan offers within three business days of enrolling.
- Flexible financing: Choose the invoices you want to finance and set repayment terms that fit your needs.
- Simple repayment: Enjoy peace of mind with automatic deductions and the ability to track payments in your funding portal.
Frequently asked questions
How do you determine my credit limit and fee?
We base approved credit limits on a variety of factors related to your business, including your outstanding debt balance, business expenses, and income, account history, payment frequency, and more.
Why do I need to provide my bank connection details?
Securely connecting your business bank account allows us to review your cash flow and determine your best loan offers.
Does enrolling in the program affect my credit score?
Nope! We only conduct a soft pull of your credit report, which does not affect your credit score.
When should I expect to receive an Invoice Financing credit offer?
You will receive one or more loan offers within three business days of enrolling in the program if you qualify.
How do I repay an invoice advance?
You will repay your financing with fixed payments. We will automatically deduct each payment from the business bank account you choose. When you select an invoice that you would like to finance, you will have an option to select the time period you would like in order to repay that advance.
Can I prepay my loan?
Yes! You can prepay your loan at any time without penalties.
How do I track my outstanding balance and payment history?
You can track your outstanding balance, payment history, and other useful information in your funding portal. This information will begin to update as soon as you receive your funds.
Are there any late fees?
Yes, we charge a $25 fee for each late payment and a $35 fee for each payment that returns due to insufficient funds in your business bank account.
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