Pharmacy Accounts Receivable Financing in Bend, Oregon

With accounts receivable financing, you borrow against your unpaid invoices as collateral but you still own them and continue collecting from your customers yourself — your customers never know financing is involved. With invoice factoring, you actually sell the invoices to a factor, who then collects directly from your customers. A/R financing is structured as a revolving line of credit (debt on your balance sheet) and is typically cheaper; factoring is structured as a sale (no debt added) and outsources collections, which is useful if your back office is small.

Funding speed for accounts receivable financing for pharmacy businesses depends on the product and lender. Lines of credit and merchant cash advances can often disburse within one business day, term loans and equipment financing typically fund in one to three business days, and SBA loans usually take several weeks due to federal underwriting. Pre-qualifying through Manu's partner application takes about three minutes.

Minimum FICO depends on the product: equipment financing starts at 550, small business loans at 580, lines of credit at 600, and SBA loans at 660. Merchant cash advances and accounts receivable financing have no minimum FICO — they're underwritten on revenue and receivables instead.

Funding amounts range from $10,000 to $10 million depending on your revenue, time in business, and the loan product. Pre-qualifying takes about 3 minutes and shows you exactly what you're approved for for pharmacy businesses.

No. Pre-qualification uses a soft credit check that does not affect your credit score. A hard pull only happens if you accept a final offer from a lender.

To pre-qualify, you'll share basic business info plus your most recent 3 months of business bank statements. To finalize an offer, most lenders ask for 3–6 months of bank statements in total. Larger loans may also require tax returns or financial statements.