| Factoring Provides Quick Capital for Your Business to Grow!
Factoring is the process of
purchasing accounts receivable from a business at a discount.
Accounts receivable are created when an invoice is issued for
the delivery of a product or after the rendering of a service
that extends terms to the customer. These terms can extend from
30 to 90 days.
Companies that benefit most from
factoring or account receivable financing are new companies that
have large or more established customers, companies that lack
cash flow to purchase materials, labor and/or meet operating
expenses.
The benefits of factoring may be apparent for these
types of companies but almost any company can benefit from:
- Increased cash flow
- Flexible cash flow solutions
- Sustainable growth without
outside investors
- Suppliers' early payment
discounts
- Continuous monitoring of your
customers satisfaction and credit status
Our factoring affiliates are operated by individuals
with years of experience in dealing with the financial requirements of growth-oriented
companies and in helping them continue their expansion. They are well capitalized and can
fund $100,000s in from 7 to 10 days or up to a few weeks for
medical receivables requiring account audits or other
investigations.
Our
factoring network not only offers working
capital for the needs of your fast growing business, but it also offers Professional
Receivable Management to allow you to concentrate on sales without worrying about the
day-to-day credit and collection issues.
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