The definition of account receivables is based on the total dollar amount that the business owner or physician’s practice has billed (not what is has collected or what is still outstanding) over a period of 1-year. The dollar figure used for this purpose is determined by averaging what has been billed for each of the last two years and must be verified by the client’s CPA.

Worldwide Asset Protection is capable of providing this finance loan arrangement on very favorable lending terms combined with specially designed products.

Benefits of Accounts Receivable Financing

• Transforms Non-performing Asset
• Accounts Receivable Financing enables a non-interest producing asset to be converted into an interest bearing exempt asset.
• Provides liquidity for retirement and estate planning needs.
• Provides the liquidity that can be used for buy-sell or buy-out arrangements.
• Will create tax-advantaged retirement income
• Loan proceeds distributed from Business or Practice to individual owner or doctor with no tax consequences; entire loan amount can then be invested tax-deferred.
• Loan proceeds used to purchase a specially designed life insurance policy that provides high cash values equal to the loan by second or third year which does not have any surrender charges.
• At retirement, funds can be accessed tax-free from the life insurance policy.
• ARMS is a management tool which was developed to help mitigate the potential risks associated with general litigation. Specifically, it is designed to address three common problems faced by business owners:
• Protecting personal and corporate assets from creditors.
• Leveraging non-productive receivables to secure supplemental retirement income and provide an estate benefit.
• Reducing high personal income tax now and at retirement.

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