Turn Cash Needs into Flexent

Flexent is a bank program that purchases a business's accounts receivables (invoices) through a line of credit managed by a special software program. It provides immediate cash (usually same day) that enables a business to run more efficiently.

visit Flexent

money icon

Quick Access to Cash

Receive access to funds quickly, usually within 24 hours.

cash icon

Flexible Amounts

You choose what you need. No need to finance all of your invoices.

file icon

Daily Reporting

We send daily reporting of invoices funded and payments received.

What is Flexent for Accounts Receivable Financing?

Flexent from Chesapeake Bank helps you turn cash needs into cash flow. Flexent is a division of Chesapeake Bank that can help you make up for slow paying receivables and get the cash you need for operating capital, expansion capital, inventory financing, improved cash flow and more. With smart and convenient accounts receivable financing, Flexent helps you run your business more efficiently and profitably.

 Program Benefits:

  • Helps grow the company with quick access to cash
  • Works with larger, slower paying customers
  • Choose flexible amounts
  • Builds better relationships with vendors
  • Runs the business more efficiently and profitably
  • Pursues new business opportunities
  • The fee for Flexent is usually less than what it costs a business to accept credit cards for payment
  • No need to give up equity in your company.
Flexent Logo

Who can Flexent Help?

Flexent offers products designed to accommodate businesses with cash needs that are either undercapitalized, growing or companies that sell to large, slower paying customers.

The program is offered to businesses located east of the Mississippi and in Texas and Oklahoma.

How does it work?

Accounts Receivable Financing

If you have invoices out, you can get cash in quickly with Accounts Receivable Financing. Once you are approved for the program here’s how it works:

  • Simply send Flexent a copy of your invoices and, if you qualify, we’ll advance you cash (80%-90%), usually within 24 hours.
  • Our team will manage the process and provide daily reporting of invoices funded and payments received.
  • Once payment is received in our lockbox, the reserve amount is released back to you on a regularly scheduled basis, less any accrued fees.

Asset-Based Lending

If you want to save time and money accessing cash, Asset-Based Lending is a great alternative to traditional borrowing. These lines are secured by your company’s accounts receivables and inventory. For needs of $500,000 to $4,000,000 plus, we can advance businesses 80% to 90% of accounts receivable and up to 50% of that amount on inventory.

The benefits of Flexent Asset-Based Lending include:

  • Quick access to cash, with a true Asset Based Loan.
  • Competitive rates that help you save on interest and fees.
  • Flexible draw amounts — just access what you need.
  • No need to give up equity in your company.
  • Competitively priced.


Who to Contact at Flexent for Help or More Information:

If you have any questions, need more information, or just want to learn more please contact:

Kevin Wood, Managing Director:

Teresa Stewart:


Visit Flexent