• Bulk Sale of Accounts Receivable

    A bulk sale of accounts receivable provides a means of obtaining off-balance sheet financing. It is used by many companies to turn their accounts receivable in to cash. Such sales are utilized for many reasons by public or private companies of varying sizes. In some cases, the conversion of accounts receivable to cash allows for better balance sheet ratios.  Allowing the immediate conversion of accounts receivable to cash provides a flexible financing tool to help facilitate growth. 

    Benefits of Working with CIT  

    • Each sale is customized to the company's specific needs.
    • Support a parent's or subsidiary's needs by accessing the working capital tied up in the accounts receivable to create cash flow gains.
    • Mitigate large customer receivable concentrations.