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SMALL BUSINESS LOAN

Unlock Capital For Growth Projects or Everyday Expenses

Is your business running out of money for payroll? Are you looking to take on new business or expand your reach? When small businesses need working capital, one of the first solutions they consider is a small business loan.

Business loans can help businesses keep up with expenses, purchase essential inventory or equipment, hire more staff, and fund seasonal growth. If the business has excellent credit, a small business loan can be a viable financial tool.

At the same time, there are disadvantages with traditional small business loans.

Business loans are often difficult to obtain if you don’t have strong credit, since financial institutions rely on your ability to repay them.  Any hardship that occurs during the loan period can put pressure on the borrower’s ability to repay, forcing the small business into default. Regarding collateral, most lenders choose to place a lien on all assets of the business, further restricting the company’s ability to acquire additional working capital when necessary.

Because of lending rules and regulations, the small business loan application process can also be complicated and time-consuming.  Small businesses with acute needs for cash flow may find a mismatch between their needs and the lender’s response.

One alternative to a conventional small business loan is invoice factoring.

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Our Process

STEP 1

Apply

Complete form & become a Riviera client

STEP 2

Service

You deliver your products or services

STEP 3

Send

Send your invoices to Riviera Finance

STEP 4

Get Paid

Riviera verifies & pays you within 24 hours

What Is Invoice Factoring?

One of the most common problems experienced by small businesses is lack of working capital. One cause of this is the delay between issuing customer invoices and receiving payment for those outstanding invoices. Invoice factoring is a highly used solution by many business owners. Invoice factoring gives you the freedom to sell open invoices and receive cash for a set discount fee. Factoring companies purchase accounts receivable from businesses, providing immediate cash. Your customers then pay the invoices directly to the factoring company.

Invoice factoring is a simple way to get cash for your invoices immediately rather than waiting for customers to pay in 30, 60 or 90 days. One of the leading and most experienced factoring companies is Riviera Finance.  For more than 50 years, Riviera Finance has helped businesses attain working capital to fund their business forward.

Learn More About Factoring

Benefits of Invoice Factoring

Riviera Finance works with a variety of companies in the US and Canada to help them maintain cash flow and meet weekly financial demands.

Immediate Cash

Our process is built around immediate response to client needs, and the best cash turn around in the industry.

Quick Credit Checks

Receive Credit Checks on Your Customers

Low Risk

Competitive Rates and No Hidden Fees

Financial Freedom

No Debt is Created

Bad Debt Protection

Riviera takes on all the credit risk!

Get Started

Complete the form for a Free Consultation.


How Invoice Factoring with Riviera Works

Once you sign up as a client of Riviera Finance, invoice factoring becomes simple. Here are the steps:

  1. You select which invoices to submit for factoring.
  2. Riviera Finance establishes a credit limit for your customers.
  3. You provide the products or services that your customers ordered.
  4. You submit invoices, orders and backup to Riviera Finance.  Order is verified.
  5. Riviera Finance pays you for the invoices within 24 hours minus the factoring fee.
  6. Invoices are forwarded and your customers pay Riviera Finance directly.

This process makes it easier for business owners to focus on growing their business rather than keeping track of customer payments and invoicing. Essentially, the factoring company becomes your AR department.

Invoice factoring with Riviera is a practical alternative to businesses seeking small business loans or other types of financing. It’s a simple and reliable way to improve cash flow and make your business more stable and successful.

Why Wait?

Start getting paid immediately

What Our Customers Are Saying

The personnel I deal with on a regular basis at Riviera are very friendly and extremely helpful. If I call with a question or concern, they are prompt in assisting me.

Marjie EllisonDallas, TX

For financing it can't get much easier. Our company has been growing for several years and the growth rates could not have been achieved without the additional financing that Riviera has provided.

Stan ShawPhoenix, AZ

Riviera helps keep a consistent cash flow and help us manage our receivables. They also help keep us from doing business with customers whose credit level is substandard.

John SavastenBirmingham, AL

Not only am I happy that I have a steady flow of cash when I need it but I am treated very well by the people who work there.

Robert GrayPortland, OR

Riviera is the backbone of my business by me knowing I always have a little something tucked away and that I can stand on my own two feet. Not only are they there to help, but they have become friends and family.

Linda VillanuevaBaltimore, MD
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