receivable purchase plan
BGE's Receivable Purchase Plan takes all of the cash flow headaches out of running the Rent-to-Own portion of your business.
BGE will advance you cash so that you can pay for all of your new rental inventory purchases. You keep your relationship with your customers. In addition, you may want to take advantage of our Payment Processing Service and let us handle the collections automatically.
BENEFITS TO YOUR BUSINESS
Improved Cash Flow: BGE will advance up to 50% of your contracts current principal balance so that you can pay your suppliers for new purchases and the balance of funds will be forwarded to you as the contracts matures.Borrow Less Money: No need to get bank financing or use manufacturer's terms for new purchases
Grow Your RTO Business: Go after those new accounts without the concern of the capital investment needed to make the additional instrument purchases.
Cash Discounts: Take cash discounts when possible on new inventory purchases.
Additional Profits: Increase your margins by avoiding finance charges and taking early pay discounts.
