099: Accounts Receivable Funding for Big Orders
Steven Uster, Founder and CEO of FundThrough, explains how accounts receivable financing helps small manufacturers bridge the cash flow gap when selling to large retailers like Walmart or Dell. He details the operational pitfalls of extended payment terms, such as the discrepancy between delivery dates and invoice receipt, and advises on integrating tools like QuickBooks Online to automate funding. Uster emphasizes that using bridge financing is often cheaper than offering early-payment discounts and highlights the importance of proactive invoice follow-up to avoid payment delays.