|
Cash Flow...
often the problem
Factoring... often the solution
What is Factoring?
Accounts Receivable financing (Factoring) is designed to
help businesses improve cash flow by not waiting the typical 30, 60, 90 days for a customer to pay.
Factoring is not a loan. Accounts Receivable invoices
are sold at a discount rather than merely offered as
collateral. It's the same concept as offering a discount
for early payment only now you can get the money in
24-48 hours and it does not depend on how slowly your
client wants to pay.
Factoring is for New Business and Established
businesses. Fast growing companies have a huge demand
for cash. Often, their A/R is growing faster than their
cash flow. Factoring can assist in many ways;
Meet your payroll without all of the stress
Pay your suppliers timely to qualify for the discounts
they offer and save 2% or more.
It helps maintain your credit rating and allows you to
become bankable.
It can create new business by affording to buy more
supplies to create more product.
Hire more employees.
No restriction on use of money.
You can concentrate on your business
Contact us today and you can see increased cash flow in
5-7 days. |
|