The end of the month has come, sales were good, but the money is not enough to pay all expenses. When this happens, the anticipation of receivables It can be a solution to keep accounts up to date and give the cashier breath.
Most companies that sell deadlines do not have a favorable financial cycle. This means that most everyday obligations win before the full receipt of sales.
Imagine the following situation: You have a company that sells installments on your credit card within 180 days. However, it needs to pay suppliers, salaries, taxes, rent, energy, internet and other expenses every month – that is, before receiving the total amount of its customers.
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It is precisely at times like these that anticipate sales values can guarantee a healthy business. And even for those who have a favorable financial cycle, a limit to anticipation of receivables can be interesting when unforeseen expenses that compromise the.
XP Enterprises offers the sport to its customers. To understand how the operation works, how to get it, when you use it and other important information on the subject, continue reading below.
What is the anticipation of receivables?
The anticipation of receivables is a type of credit operation that aims to support the companies.
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When we talk about working capital, we are referring to the resources the company needs to pay for its short -term commitments, such as suppliers, salaries, taxes and other spending related to the operation. Depending on the context, these sources may be own or third party.
Own working capital is one that the company gets from its profit and the resources of the partners. If these sources are not enough to cover all the spending of the operation, it needs to resort to third party sources to keep the obligations up to date.
And then, the credit lines enter, such as the anticipation of receivables. Instead of waiting for installment sales to enter the month by month account, the company can negotiate with a financial institution the immediate receipt of these credits, under certain conditions.
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How does the anticipation of receivables work?
The first step is to look for a financial institution that offers the sport to verify the necessary credit requirements.
Although each institution has its own standards, the first step is usually the opening of a company registration, through documentation of its own and the partners.
At XP Enterprises, it is possible to anticipate receivables from credit cards from the accreditors Network, Cielo, Getnet, Safrapay, Vero (Banrisul), Stone and Pay. Once approved, the anticipation of these receivables can become automatic in XP, that is, without the company having to request every time you need resources.
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How to obtain the anticipation of receivables at XP Companies?
The first step is to open a PJ account at the institution. Remembering that, to choose the best PJ account, you need to understand which financial institution can offer the best solutions to the business.
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With the account open, the next step is credit analysis, based on the social contract and the most recent financial statements – such as Balance Sheet and Demonstration of Exercise Results (DRE).
After the analysis and the credit approved, the customer receives the agreement agreement for the anticipation of receivables. After signing the document, receive an email to access the XP Enterprises Trading Platform.
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Other information about the modality
Regardless of the business type – unipessoal company (SLU -), or any other – any company that makes a recurring sale via credit card, physical or online can join the anticipation of receivables at XP Enterprises. To do this, it is enough to be approved in the credit analysis.
By having access to the negotiating platform, the customer has autonomy to dispose of the line when they need it. The request must be made by 17h, and the value of early sales is usually available in the account a few minutes after approval.
Advantages of anticipation of receivables
Typically, rates of this type of operation are usually lower compared to other working capital modalities. This is because the risk of the financial institution is also lower, as it is already in possession of the receivables of credit cards.
Another positive point is the financial predictability that the company acquires by anticipating its receivables. This brings safety in periods of seasonality of the operation (lower sales times) and also allows you to form a cash reserve to take advantage of any opportunities – such as a higher discount purchase or some improvement in the operation, for example.
