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Imagine flexbility that no one else offers. Unlike the others, you choose what works best for you; you sign no long-term contracts; you pay no fees when your account is inactive. You set up your contract to meet your cash flow needs, not ours. You can choose between using our most advanced technology or using the old-fashioned systems - we maintain both for you. Unlike the others, our objective is not to force you to conform to us, but to get you the cash you need
in the
quickest and most efficient manner.
We offer cash advance rates of up to 97% -- exceeding industry norms by 20%. The typical maximum in the factoring industry is 70-80%. We can offer these great rates because of our unique and flexible combination of bank and private financing.
Our same day funding policy gets cash out to you within 12-24 hours. You have the cash when you need it, which will help keep your business moving.
Please contact us today and our seasoned invoice factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or - Email us, or - Complete the Online Invoice Factoring Request Form
More Account Receivable Factoring Information
The cost of doing business with an account receivable company is the discount taken on the
invoices submitted for funding. Fees
range from 1 to 3 percent, depending on volume, credit-worthiness of the
customers sold and overall risk. The
discount taken is best compared to a merchant accepting a Visa or MasterCard
transaction and receiving immediate payment, less a percentage or discount,
before the actual cardholder has paid his or her monthly statement.
Businesses
choosing to maintain momentum, despite a lack of conventional financing
options, find that an account receivable company not only offers cash but also a stable foundation
on which to build. They look to a future of managed growth and profitable
performance that will bridge the gap to qualifying for bank financing.
An Account Receivable Company provides one of the most flexible financing options and the only one that can continually grow with your company. You are not totally limited to pre-approved credit lines, and you do not have to go through a complicated and redundant application process as your business grows
The
Benefits
Factoring
can offer many benefits to cash-hungry companies. Rather than wait 30, 60, 90
days or longer for payment on a product or service that has already been
delivered, a business can factor (sell) its receivables for cash at a small
discount off the amount of the invoice.
Payroll,
marketing efforts, and working capital are just a few of the business needs
that can be met with this instant cash.
Invoice Factoring
provides the means for a manufacturer to replenish inventory and make more
products to sell: There is no longer a need to wait for earlier sales to be
paid. Factoring is not just a cash management tool for manufacturers: Almost
any type of business can benefit from factoring.
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 daysÂ’ 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.
Factoring
is a fast and easy process. The factor buys the invoice at a discount, usually
a few percentage points less than the face value of the invoice.
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