No. Receivables finance is not a loan. It is the purchase of an asset – your invoice – at a discount. There is no debt on your balance sheet and no repayment schedule. The advance is settled when your customer pays.

Once an invoice is approved by your customer, TowerCap can advance funds no later than 24 hours after approval. Initial facility setup typically takes 7 to 14 days from first discussion.

TowerCap advances up to 90% of approved invoice value. The exact rate depends on customer credit quality, contract structure, and facility terms.

Under our non-recourse terms, TowerCap takes on the credit risk of approved invoices. If your customer becomes insolvent, you do not suffer a loss.

Not necessarily. TowerCap offers confidential structures where payments continue to be made to an account in your company name. Your customers are unaware of our involvement.

Yes. Unlike traditional lenders, we evaluate concentration on credit merit. A single strong customer is not a barrier if the credit quality supports it.

No. Factoring is a working capital tool used by healthy, growing businesses to bridge the gap between invoicing and payment. It is not a rescue product.

A merchant cash advance is debt repaid from future revenue. Receivables finance advances against specific, approved invoices. The cost is tied to the invoice, not your total revenue.

A bank line of credit is a loan facility with covenants, reporting requirements, and often personal guarantees. Receivables finance is non-debt, has no covenants, and is secured by the invoice itself.

Most facilities are structured within 7 to 14 days from first discussion. The timeline depends on the complexity of your customer base and the speed of information sharing.