|
SUCCESSFUL BUSINESS OWNERS... |
|
|
Turn More and More to Factoring!
Your accounts receivable may be your company’s most valuable asset. By factoring or financing your accounts receivable, you may not need to give up any ownership of your company to obtain working capital.
Why borrow money long term when you can factor your invoices for immediate cash? You can factor all or a portion of your accounts receivable to satisfy your cash flow needs. The decision is yours.
FACTORING—HOW DOES IT WORK? Factoring has become a staple financial service and an excellent alternative to traditional bank financing.
Factoring is an excellent way for small growth businesses to manage their cash flow. Most small businesses sell their goods and/or services to larger businesses or government agencies, which typically require their small vendors to submit invoices for payment bearing terms such as Net-30 days or longer. This extension of payment terms by small business provides financing to their large business or governmental agency customers. This extension of terms aggravate the small businesses cash flow. Almost all small business owners want to grow and prosper, however, very few will have the necessary investment of working capital to support increased demands for the companies goods or services. Factoring can provide the necessary working capital to assist a company in reaching its goals.
BENEFITS:
- With factoring you do not borrow money
- You make no monthly payments
- Immediate advances up to 95% of your invoices
- No minimum and no maximum
- No long term commitments
- 24-hour approval process and funding
Growth and success depend on turning account receivable into cash received, an there’s no better way to do that than through factoring.
FINANCING YOUR RECEIVABLES CAN HELP YOUR COMPANY:
- Expand into new markets
- Work with larger, more demanding customers
- Receive professional assistance with the evaluation of a new customer’s ability to pay
- Receive cash from your most valuable asset within 24 hours
- Simply make payroll next Friday
|