Accounts Receivables Funding Solutions In Minnesota - 2025

Minnesota businesses facing cash flow challenges due to unpaid invoices have multiple accounts receivable financing options to access immediate working capital. These funding solutions allow companies to sell their outstanding invoices to financing firms and receive cash advances, typically within 24 to 48 hours.

Accounts receivable financing companies in Minnesota offer advances ranging from 70% to 90% of invoice values, with competitive rates and flexible repayment terms designed for different business sizes and industries. The state's financing landscape includes both national providers and specialized firms that focus on specific sectors like healthcare, manufacturing, and professional services.

1) Resolve Pay - Leading accounts receivable financing company in Minnesota

Resolve Pay stands as Minnesota's premier accounts receivable financing solution for businesses seeking to improve cash flow. The platform helps companies extend credit lines to customers while eliminating payment risks.

Minnesota businesses can leverage Resolve's automated accounts receivable processes to streamline their entire credit operations. The system handles credit checks, payment processing, and collections without manual intervention.

The platform analyzes financing applications using advanced underwriting data to approve extended payment terms. Resolve assumes all repayment risks during the credit period, protecting Minnesota companies from potential losses.

Businesses gain access to immediate funding on unpaid invoices through the company's financing options. This allows Minnesota companies to maintain steady cash flow while offering flexible payment terms to their customers.

Resolve manages every aspect of net payment terms from initial credit assessment to final collection. The platform integrates seamlessly with existing business systems to provide a complete accounts receivable financing solution for Minnesota enterprises.

Companies using Resolve can scale their credit operations without hiring additional staff or investing in complex software systems.

2) American Receivable - Personalized A/R factoring for small businesses

American Receivable provides invoice factoring specifically designed for small businesses that need immediate working capital. The company advances $10,000 to $5 million against unpaid invoices.

Since 1979, American Receivable has helped small businesses access cash tied up in accounts receivable. They focus on speeding up cash flow by converting invoices into immediate funds.

The factoring process works by businesses selling their unpaid invoices at a discount. American Receivable then collects payment directly from customers while taking on collection responsibilities.

Small businesses use this service to increase inventory, make payroll on time, and compete more effectively. The solution helps companies avoid the strain of waiting 30 to 90 days for customer payments.

American Receivable offers competitive rates and personalized service tailored to each business's specific needs. They handle the credit risk and collection process, allowing business owners to focus on operations rather than chasing payments.

The company serves various industries across Minnesota and provides debt-free working capital solutions. Businesses can access funds quickly without taking on additional loans or credit obligations.

3) Commercial Funding - Offers invoice factoring and asset-based loans

Commercial Funding provides multiple financing solutions for businesses needing quick access to working capital. The company specializes in accounts receivable financing options including invoice factoring and asset-based loans.

Their invoice factoring service allows businesses to sell unpaid invoices at a discount for immediate cash. This eliminates waiting 30-90 days for customer payments.

Asset-based loans use existing business assets as collateral for a revolving credit line. These assets include accounts receivables, inventory, equipment, and real estate.

Commercial Funding also offers debtor-in-possession financing for companies in financial recovery. Their representatives work with businesses to determine the best financing solution based on specific needs.

The company serves startups, high-growth businesses, and companies in recovery mode. They provide flexible qualification requirements compared to traditional bank loans.

Businesses can access funds quickly without lengthy approval processes. Commercial Funding handles the collection process when factoring invoices, reducing administrative burden on client companies.

4) Paychex Funding Solutions - Specializes in invoice factoring services

Paychex Funding Solutions launched in 2024 to help small and mid-sized businesses access quick capital through invoice factoring. The service operates through two Paychex subsidiaries: Advance Partners and Alterna Capital Solutions.

Businesses can secure upfront funding based on their outstanding invoices without waiting for customer payments. The approval process focuses on customer creditworthiness rather than the business's credit history alone.

Companies use these funds for payroll expenses, vendor payments, and growth investments. The service targets B2B businesses that need immediate cash flow solutions.

Paychex provides ongoing access to funding specialists who create customized financing solutions for each client. A full-service team offers guidance throughout the factoring process.

The platform allows businesses to convert their accounts receivable into working capital quickly. This helps maintain business momentum when cash flow gaps occur between invoice generation and customer payment collection.

5) Accord Financial - Provides receivables financing across USA & Canada

Accord Financial Corp. is one of North America's leading independent commercial finance companies that has operated since 1978. The Toronto-based company serves businesses throughout the United States and Canada with asset-based lending solutions.

The company specializes in accounts receivable financing, allowing businesses to access immediate cash flow from outstanding invoices. This service helps companies unlock working capital tied up in unpaid customer invoices.

Accord offers financing amounts between $500,000 and $2,000,000 through their AccordExpress Factoring Portal. The platform provides Canadian companies with fast access to receivables financing with streamlined application processes.

Beyond receivables financing, Accord provides inventory finance, equipment financing, and trade finance services. Their solutions target manufacturers, retailers, wholesalers, distributors, importers, and exporters who need working capital.

The company operates as a senior-secured lender and offers both recourse and non-recourse factoring options. Businesses can leverage their accounts receivable, inventory, and equipment as collateral for financing solutions tailored to their specific needs.

6) EMS Funding Solutions, LLC - Focused on medical receivables management

EMS Funding Solutions specializes in purchasing and managing medical debt across healthcare industries. The company works with doctor offices, dental clinics, hospitals, and ambulance services to handle unpaid patient accounts.

The firm operates as a passive debt purchasing company that buys medical receivables from healthcare providers. Their approach focuses on maintaining professional standards while recovering outstanding balances.

EMS Funding Solutions was incorporated in New York in 2019 and has since expanded operations to Texas. The company headquarters are located in Hamburg, New York.

Healthcare businesses can sell their aged receivables to EMS rather than continuing collection efforts internally. This allows medical practices to convert unpaid accounts into immediate cash flow.

The company handles various medical asset classes and implements recovery strategies designed to protect healthcare provider brands. They offer services to anesthesia companies, surgical practices, and other medical specialties dealing with outstanding patient balances.

Businesses can contact EMS Funding Solutions at 1-833-336-7729 to discuss their medical receivables portfolio and explore purchase options.

7) Tukes Invoice Factoring - Known for 90% advances on receivables

Tukes Invoice Factoring provides businesses with immediate cash flow by purchasing their outstanding invoices. They offer advance rates up to 90% of invoice values within 24 hours of approval.

The company focuses on B2B transactions and works with businesses that have credit-worthy customers. Tukes handles the collection process while businesses receive immediate working capital to cover operational expenses.

Their application process requires basic business documentation and customer credit verification. Once approved, businesses can submit invoices through their online portal for quick funding decisions.

Tukes charges factoring fees based on invoice amounts and customer payment terms. Invoice factoring companies typically advance 70-90% of receivables upfront, with Tukes positioning itself at the higher end of this range.

The remaining balance minus fees gets released when customers pay their invoices. This structure allows businesses to access most of their receivables value immediately rather than waiting 30-90 days for customer payments.

8) Top 10 Minnesota A/R financing firms offering fast capital

Minnesota businesses need quick access to working capital through accounts receivable financing. Several companies serve this market with competitive rates and fast approval times.

Leading accounts receivable financing companies provide immediate funding solutions for businesses across the state. These firms typically approve applications within 24-48 hours.

Local and national providers compete in Minnesota's A/R financing market. Companies like Commercial Funding, Porter Capital, and SouthStar Capital maintain strong presences in the region.

Business financing in Minnesota has grown significantly due to the state's diverse economy. Twin Cities businesses particularly benefit from multiple financing options.

Invoice factoring rates typically range from 1-5% per month depending on client creditworthiness. Most firms advance 80-90% of invoice value immediately upon approval.

Minnesota manufacturers, distributors, and service companies use A/R financing most frequently. These industries often carry 30-90 day payment terms that create cash flow gaps.

Regional banks and credit unions also offer A/R financing alongside specialized factoring companies. This competition helps keep rates competitive for Minnesota businesses.

9) Flexible repayment terms tailored for Minnesota businesses

Minnesota businesses benefit from flexible repayment terms that adapt to their unique cash flow patterns. These customizable options allow companies to align payment schedules with their revenue cycles.

Accounts receivable financing providers offer repayment periods ranging from 30 to 120 days. This flexibility helps businesses manage seasonal fluctuations common in Minnesota's diverse economy.

Companies can choose from various repayment structures including fixed monthly payments or revenue-based options. Small business funding solutions in Minnesota often include grace periods for businesses experiencing temporary cash flow challenges.

The best financing partners provide advance rates up to 90% with adjustable terms based on invoice values and customer creditworthiness. This approach reduces financial strain while maintaining steady working capital.

Businesses can modify repayment schedules as their operations grow or change. This adaptability proves essential for Minnesota companies navigating market shifts or expanding into new territories.

Flexible terms eliminate the rigid constraints that traditional lending often imposes on growing businesses. Companies maintain better control over their financial planning while accessing needed capital quickly.

10) Competitive AR funding fees based on invoice payment speed

AR funding fees are directly tied to invoice payment timing. Businesses that collect payments faster pay lower fees than those with slower collection cycles.

The fee structure rewards companies with reliable customers who pay invoices promptly. When invoices get paid within 30 days, businesses typically see the lowest funding costs.

Companies dealing with slow-paying customers face higher fees due to increased risk. The longer an invoice remains unpaid, the more expensive the financing becomes.

Resolve offers competitive fees that are customizable to match business operations and capital requirements. This flexibility helps Minnesota businesses optimize their funding costs based on their specific payment patterns.

Payment history of a company's customer base heavily influences fee calculations. Businesses with customers who consistently pay on time qualify for better rates.

The speed-based fee model encourages businesses to improve their collection processes. Companies can reduce their overall funding costs by implementing better invoicing and follow-up procedures.

How Accounts Receivables Funding Works in Minnesota

Minnesota businesses use accounts receivable funding to convert unpaid invoices into immediate cash flow. The process involves selling or using outstanding invoices as collateral to access working capital quickly.

Understanding the Process

Accounts receivable financing allows Minnesota companies to receive immediate payment for their outstanding invoices. Businesses submit their unpaid invoices to a funding company for review.

The funding company evaluates the creditworthiness of the business's customers rather than the business itself. This makes approval faster and easier than traditional bank loans.

Two main types exist:

• Invoice factoring - The funding company buys invoices at a discount
• Asset-based loans - Invoices serve as collateral for a loan

Once approved, businesses typically receive 70-90% of their invoice value within 24-48 hours. The remaining balance comes after customers pay, minus fees.

Minnesota businesses keep control of their customer relationships in most arrangements. They continue collecting payments and managing their accounts.

Key Benefits for Minnesota Businesses

Minnesota companies gain immediate cash flow without waiting 30-90 days for customer payments. This helps cover payroll, inventory purchases, and operational expenses during growth periods.

The approval process focuses on customer creditworthiness rather than business credit scores. This benefits newer Minnesota businesses or those with limited credit history.

Key advantages include:

Companies can use AR financing as an ongoing process to maintain steady cash flow. This proves especially valuable for seasonal businesses or those with large contracts requiring upfront expenses.

Minnesota manufacturers and service providers benefit most from this funding type. The predictable nature of B2B invoices makes them ideal candidates for receivables funding programs.

Choosing Resolve Pay for Receivables Funding

Resolve Pay offers automated accounts receivable management and financing solutions specifically designed for B2B transactions. The platform combines advanced automation technology with flexible funding options that integrate directly into existing business operations.

What Sets Resolve Pay Apart

Resolve automates all aspects of accounts receivable including credit checks, payment processing, and collections. This comprehensive approach eliminates manual tasks that typically consume hours of administrative time.

The platform provides real-time credit decisions for customer transactions. Businesses receive instant approvals or denials based on automated credit assessments.

Key automation features include:

• Automated invoice generation and delivery
• Payment reminder sequences
• Collections management
• Credit risk assessment
• Payment processing integration

Resolve recently raised $60 million in funding to grow B2B buy now pay later services. This capital injection strengthens their platform capabilities and market position.

The company focuses exclusively on business-to-business payments. This specialization allows them to address specific B2B challenges like extended payment terms and complex credit requirements.

Seamless Integration with Minnesota Enterprises

Minnesota businesses can integrate Resolve Pay directly into their existing accounting systems and e-commerce platforms. The platform supports connections with popular business software including QuickBooks, NetSuite, and Shopify.

Integration benefits for Minnesota companies:

• No disruption to current workflows
• Automatic data synchronization
• Single dashboard for all receivables
• Real-time reporting and analytics

The platform handles accounts receivable financing through embedded solutions. Businesses can offer payment terms to customers while receiving immediate cash flow.

Setup typically takes less than one week for most Minnesota enterprises. The implementation team provides dedicated support throughout the integration process.

Resolve maintains compliance with state and federal regulations. This ensures Minnesota businesses meet all legal requirements while using the platform for receivables management and financing.

Frequently Asked Questions

Businesses considering accounts receivable funding in Minnesota often have specific questions about benefits, qualification requirements, and funding timelines. Understanding these key aspects helps companies make informed decisions about their cash flow solutions.

What are the main benefits of choosing Resolve Pay for funding accounts receivables in Minnesota?

Resolve Pay offers immediate access to cash tied up in unpaid invoices. This eliminates the typical 30 to 90-day wait for customer payments.

The funding solution provides predictable cash flow for businesses. Companies can plan operations and growth without worrying about delayed payments from customers.

Resolve Pay handles collections on factored invoices. This saves businesses time and resources typically spent chasing overdue accounts.

The service improves working capital management. Businesses can pay suppliers, meet payroll, and invest in growth opportunities without waiting for receivables.

How does accounts receivable funding through Resolve Pay improve cash flow for businesses?

Accounts receivable financing provides immediate cash by converting outstanding invoices into working capital. Resolve Pay advances funds against approved invoices within 24 hours of submission.

This immediate funding eliminates cash flow gaps. Businesses maintain steady operations regardless of customer payment schedules.

The solution reduces dependency on traditional bank loans. Companies access funding based on their sales performance rather than credit scores alone.

Resolve Pay's funding grows with business sales. Higher invoice volumes result in more available funding without additional approval processes.

What criteria must a business meet to qualify for accounts receivable funding with Resolve Pay?

Businesses need established B2B customer relationships with creditworthy clients. Resolve Pay evaluates customer payment history and financial stability.

Companies must generate at least $100,000 in annual revenue. This ensures sufficient invoice volume to support the funding relationship.

The business should have clean invoices without liens or disputes. Resolve Pay requires clear ownership of receivables being factored.

Clients need basic financial documentation including bank statements and accounts receivable aging reports. This helps assess business stability and creditworthiness.

Can Resolve Pay provide funding solutions for small businesses or startups in Minnesota?

Resolve Pay works with small businesses that meet minimum revenue requirements. Small business funding solutions in Minnesota include options for companies with limited operating history.

Startups with established customer contracts can qualify for funding. The focus remains on customer creditworthiness rather than business age alone.

New businesses benefit from Resolve Pay's flexible approach. The company evaluates each application based on invoice quality and customer payment patterns.

Small Minnesota businesses access the same funding speed as larger companies. Invoice advances typically process within one business day of approval.

What are the typical rates and fees associated with Resolve Pay's accounts receivable funding services?

Resolve Pay charges factoring fees ranging from 1% to 5% per month on outstanding invoices. Rates depend on invoice volume, customer creditworthiness, and payment terms.

The company structures fees as a percentage of invoice value rather than fixed monthly payments. This aligns costs with actual funding usage.

Additional fees may include application processing and credit checks on new customers. These one-time charges support the underwriting process.

Resolve Pay provides transparent fee schedules before funding begins. Businesses know exact costs associated with each factored invoice.

How quickly can a business access funds after being approved by Resolve Pay?

Resolve Pay advances funds within 24 hours of invoice submission and approval. The process requires electronic invoice submission and customer verification.

Initial setup takes 2 to 5 business days for new clients. This includes credit checks on customers and documentation review.

Ongoing funding happens same-day for approved customers. Businesses submit invoices electronically and receive advances immediately.

The speed depends on invoice clarity and customer credit status. Pre-approved customers enable faster processing times for repeat transactions.

This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.