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Receivables Purchase Program
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The Receivables Purchase Program from BB&T provide working capital financing through the purchase of high credit quality receivables from middle market and corporate clients. BB&T purchases outstanding invoices at a discount and allows you to add new invoices on a periodic basis when your collections reduce the amount outstanding. Your company continues to service its receivables and handle collections on accounts.
 

The Receivables Purchase Program addresses the following:

  • Seasonal or ongoing liquidity needs
  • Sales cycle improvement needs
  • Debt reduction needs
  • Receivables concentration issues
  • Funding costs reduction needs

Companies that sell to large national firms can benefit from advantaged pricing due to the quality of their customer base if BB&T purchases select receivables. Alternatively, your receivables portfolio can be purchased as a pool at a blended rate.



 
Locate a Commercial Lending Office
To apply or find out more information, contact your local Commercial Lending Office

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