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More On Business Receivable Funding
Generally, a business that extends credit will have 10 to 20 percent of its annual sales tied up in accounts receivable at any given time. Think for a moment about how much money is tied up in 60 days' worth of invoices: You cannot pay the power bill or this week's payroll with a customer's invoice, but you can sell that invoice for the cash to meet those obligations with business receivable funding.
The impact of a loan is much different than that of the business receivable funding process on a business. A loan places a debt on your business balance sheet, which costs you interest. By contrast, factoring puts money in the bank without the creation of any obligation. Frequently, the business receivable funding discount will be less than the current loan interest rate.
What is Business Receivable Funding? Factoring is the process of selling accounts receivable to an investor rather than waiting to collect the money from the customer.
Cash flow is one of the main reasons businesses fail. At one time or another, every business, even successful ones, have experienced poor cash flow. Cash flow does not have to be a problem any more. Do not be fooled -- banks are not the only places you can get funding. Other solutions are available and you do not have to borrow.
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Why Businesses Choose
Us Again and Again for their Business Receivable Funding
Same Day
Funding
Advance Rates
that Exceed Industry Norms by 20% We offer cash advance rates up to
97% The typical maximum in the account receivable factoring industry is
80%. We can offer you higher advances because of our unique
financing capabilities
Flexible
Contracts- We provide you with contracts that meet your
cash flow needs,not ours. Unlike the others, we do not make
you sign long-term contracts and we don't charge you fees when you
are inactive.
Invoice Processing Not only can we offer you the most advanced
technolgy but we also maintain the old-fashioned systems
because every client has different needs.
Unlike the Others, our
objective here is not to force you to conform to us, but to get
you the cash you need in the quickest and most efficient
manner.
Credit Management Services at No
Extra Cost We provide credit
analysis on both new and existing accounts. We actually pull credit
reports from various reporting services that we contract with and
report back to you as to whether or not they are
creditworthy
Experienced Invoice Factoring Account
Managers We are seasoned professionals with
an average of 11years industry experience per
account executive. (Well above the receivable factoring
industry norm of 2 years)
Personalized Service You have one dedicated person and his
or her assistant who handle your account.
Unlike the others, with us you don't
have to start over each time you
call with a new
person
Please contact us today and our seasoned account receivable
factoring specialists will help you
get the cash you need TODAY
1-800-986-1854
Email Us or complete the On-Line Invoice Factoring Request
Form
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