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Invoice Factoring Company
Factoring – What it is and how factoring work. Factoring is a quick and flexible form of financing which can substantially improve your company’s cash flow. Often times new and old companies get into a cash bind by extending credit to their customers for 30 days while having to immediately fund certain costs, particularly payroll. This problem only gets worse as sales grow. With factoring, your invoices are used as collateral for a short-term loan which provides you immediate cash with which to meet these expenses
Invoice Factoring – Once we have established a relationship you send us the Invoices you want factored and we send you funds usually within 24-48 hours. That’s Invoice Factoring.
Invoice Factoring Company – As an Invoice Factoring Company or agent for one we offer many advantages, factoring provides more cash than traditional bank lines of credit, no arbitrary and restrictive lines of credit you borrow based on your sales activity so you are automatically set up to finance your growth. This maximizes the cash available to you.
Factoring Company – A Factoring Company has only one thing on it’s plate and that’s being able to satisfy your needs. It doesn’t make money from not factoring your invoices.
Account Receivable Factoring
Account Receivable Factoring is the ability to buy your invoices so as to give you a more predictable cash flow. In addition to speeding up your cash flow, factoring also makes it easier to manage your cash since your invoicing is more predictable than when customer payments will be received, this gives you the flexibility to grow your business or just the peace of mind knowing that you can pay your obligations on time.
Account Receivable Factoring – By using Account Receivable Factoring you gain flexibility since you can Factor when you want, as much as you want, and for as long as you want, there is no minimum factoring level or commitment to factor in the future.
Factoring Account Receivables – Is not a new idea, it has been going on for many years, in the garment manufacturing industry there is virtually not a single company who does not use the technique of Factoring Accounts Receivable.
Receivables Factoring – This financing vehicle can be used in virtually any type of business whether the business sells services or products Receivable Factoring can be a way to increase sales by not having to wait for payment.
Receivable Factoring - Works well for service companies and manufacturers who have solid customers but only limited resources to front the necessary costs for 30 to 40 days until payment arrives.
In short what it all means to you!
Factoring is a fast and flexible method of improving
your cash flow and providing working capital for your company. With
factoring, you get immediate access to cash that is normally tied
up for 30, 60 or 90 days in accounts receivable invoices that will
allow you to take advantage of growth opportunities, debt reduction,
or provide for daily operating expenses.
Unlike a traditional loan, factoring does
not put debt on your balance sheet and there are no loans to repay.
By selling your accounts receivable to a Factor rather than borrowing
from a Bank, factoring simply converts one asset, your accounts
receivable, into another asset, cash. You can factor your accounts
receivable to improve your cash flow or in addition to existing
financing to accelerated your growth.
There are no lengthy applications or loan
committees, and there may not be a need for a financial audit.
Factoring can be short term or part of an ongoing financing program.
New companies can benefit as well since there is no requirement
for a long-term credit history. Best of all, you regain control
of your company's financial situation by having a ready source of
immediate cash!
To learn how we can help you, please contact us by
completing the form below (Name and Email are required) or complete
the General Application to
help us assist you further. You may also call us at 866 537-8358
(outside the USA call 1-954 724-0020) We will be glad to help.
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