has been designed to become a valuable information source
for factoring your accounts receivable. Typically small
business owners can become confused and frustrated with
the details of factoring. We want to simplify matters for
your and show you what a valuable tool that factoring plays
in growing your business. First, we will take you through
the factoring process explaining the fundamentals in simple
terms. We believe that factoring needs to be a win/win situation.
It needs to work for both parties. If you do have any questions
we encourage you to call us at 800-331-6365.
your customers holding you hostage by slow paying invoices?
Ever feel like your are climbing a mountain
and for every step you take toward your business goals you get
two steps further away because to never have the cash to do what
you need to do? When you offer terms to your customers and then
they slow pay your invoices, you are being held hostage by your
customers. Invoice discounting is a way to break free of this
vicious cycle. Why spend the time and effort to collect the receivables
that your customers owe you to only find out that they aren't
going to pay anyhow. Factoring companies screen your debtors to
ensure that they are credit worthy and are going to pay and also
handle the collections for you. Invoice discounting is like having
your accounts receivable department without the headaches. Spend
time growing your business, not babysitting your customers!
Every try to get a bank financing?
Banks are in the asset lending business
and used to making collateralized loans based off of your unencumbered
assets. Most small business and startups don't have this type
of collateral not to mention the two years of profitability before
a bank will even let you apply. Accounts Receivable factoring
companies are not interested in your hard tangible assets or the
time in business. Accounts receivable financing is primarly concerned
with the strengths of the debtors (YOUR CUSTOMERS). If you have
customers that are going to pay then invoice factoring will definately
help increase your cash flow.
Receivable Factoring, also know as Accounts Receivable Financing,
Account Receivable Funding, Invoice Discounting, Cash Flow Funding,
and Invoice Factoring is a short-term financing technique for
working capital purposes, which finances a company with a collateralized
security interest in a companies accounts receivables.
Key Reasons for Factoring:
* FAST FUNDING- typically 24 hours.
* ATTRACT NEW CUSTOMERS - offer terms.
* SUPPLIER DISCOUNTS - pay in advance.
* EASY APPLICATION PROCESS - 15min application.
* NO HASSLE COLLECTIONS - outsourced Accounts Receivable.
* NO MORE DEADBEAT CUSTOMERS - credit reports run on all customers.
is the key ingredient to why factoring will help you. We think
you should only factor what you need. Why pay for money you don't
need! Developing a customized program that fits your needs is
what we are all about. Our programs allows you to factor the invoices
you want when you want, as often as you want. If your business
warrants we can even factor up to $1.0 million or more.
Browse our web site or call us if you have any questions. We think
that once you weigh the pros and cons of factoring over traditional
financing you will see how we make the factoring process simple.
Factoring is selling the interest in your accounts receivables
or invoices to a factor at a small discount. Sometimes factoring
is called "account receivable financing". Factoring
provides over 100 billion dollars to industry each year. In fact,
factoring is an old financial service used by multi-billion dollar
corporations that is now available to smaller sized businesses
to which banks are reluctant to lend funds. Factoring is filling
a tremendous void that banks have created.
Fill the void in your cash flow now! Capitalize on the strength
and creditworthiness of your customers. Have their good credit
work for you.