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Accounts Receivable Factoring
Factoring Benefits Receivable Financing Turns Your
Invoices Into Cash
A steady and predictable cash flow is crucial to the success and profitability of every business. All too often
a business will find the majority of their working capital tied up in the accounts receivable.
Listed are just some of the ways your company can benefit from factoring:
Immediate Cash
• Factoring offers funding on your qualified receivables in 24-48 Hours or less.
Working Capital
• Factoring is the only financing mechanism directly linked to your company's sales.
As sales increase more money becomes immediately available to you. This allows you to meet
increasing demand for your products and/or services.
No Debt Incurred
• Factoring is not a loan, therefore no debt is incurred. It is your money being advanced
to you before your customer pays the invoice. This keeps your balance sheet looking good making
it easier for you to obtain other types of financing.
Builds Credit
• Factoring protects and improves credit ratings by providing your business with the adequate
cash flow to pay vendors promptly and even take advantage of trade discounts.
Invoice Processing
• Factor handles all the work associated with processing your invoices including mailing them
and paying for the postage, posting invoices to a computer, depositing checks, entering payments
and producing regular reports.
Cash "As Needed" means Nonstop Opportunity and Growth for your
Business and includes:
Cash stability
Simple to start and use
Increased sales and profit potential
Added purchasing power for supplies and equipment
Ending payroll and tax payment worries
Better ability to take trade discounts
New financial and technical resources
You keep control
Widely accepted as an alternative financing source, accounts receivable
funding is used extensively in almost every industry by companies that need
immediate cash - either for growth or for survival - and may or may not qualify
for traditional loans or grants.
With accounts receivable funding, your invoices for goods or services
rendered to your customers can be converted into immediate cash to better
manage and expand your business. Some of the more common industries
that rely on accounts receivable funding to maintain a steady flow of cash include:
Personnel/Temporary Agencies
Trucking Companies
Caterers
Commercial Printers
Commercial Bakeries
Manufacturers
Wholesalers
Importers
Distributors
Apparel (Garment/Textile)
Communications Companies
Footwear Manufacturers
Toys and Sporting Goods
Security Companies
High-tech and Related Industry
Cable Installers
Professional Services
Medical Groups
Physicians
Hospitals
Nursing Homes
Assisted Living Facilities
Any Business Generating Invoices to Business or Government