Factoring Offers Clients Tremendous Benefits
Companies benefit from factoring in the following ways
- ACCESS TO IMMEDIATE CASH: Receive cash advances on qualified receivables in less than 24 hours, so you can take care of operating expenses, expansion plans or other necessary expenses.
- ELIMINATE BAD DEBT: Use a non-recourse program to assume the risk of bad debt, eliminating expenses from your income statement.
- QUICKER CASH FROM A/R TURNS VIA PROFESSIONAL COLLECTIONS: Use our collections group to ensure collections are conducted in a professional, productive manner, so your staff can focus on higher value-added activities such as sales and marketing. You'll have access to more cash, because it'll be coming in faster and more regularly.
- ELIMINATE OVERHEAD, INVOICE PROCESSING EXPENSES, AND COLLECTION COSTS: You eliminate the overhead cost of handling collections and greatly reduce current invoice processing expenses, because our collections group handles invoice processing, (including posting invoices to our on-line computer system), depositing checks, entering payments, collecting payments, and producing regular reports for your review.
- INCREASE SALES BY OFFERING CREDIT TERMS TO CUSTOMERS: You can offer credit terms to your customers to increase your sales without negatively impacting cash flow.
- TAP INTO UNLIMITED CAPITAL: Factoring is the only source of business financing that grows with your sales. As sales increase, more money becomes immediately available. Unlike traditional bank financing, factoring generally has no maximum limits to restrict growth.
- TAKE ADVANTAGE OF EARLY PAYMENT DISCOUNTS: Most vendors offer discounts for early bill payment. Often, you can receive a 2% discount if you pay these bills within 10 days. This will not only increase your credit rating; it will also defray factoring costs.
- NO LIABILITY ON YOUR BALANCE SHEET: Factoring is not a business loan; there is no debt, and there are no long term obligations that appear on your balance sheet - making it easier to obtain other financing.
- CREATE CASH FLOW BY LEVERAGING YOUR CUSTOMERS CREDIT: You don't need good credit or a long-term operating history for factoring services; all you need are credit-worthy customers.
- BUILD YOUR CREDIT RATING: Once you begin factoring and have adequate cash flow, you'll be able to pay your vendors on time and establish a good credit rating, which will enable you to get credit from other vendors and other financial institutions.
- PROCESS IS FAST, EASY, AND RELIABLE: Just fill out the Pre-Qualification Immediately form, provide some basic information about your company, and your approval can be quickly confirmed. You'll be on your way to factoring within 24 hours of generating invoices.
- CONCENTRATE ON MARKETING AND SECURING NEW ACCOUNTS: Use the time you've previously spent on collections, administration, bookkeeping, and banking - and spend it on marketing, sales and other business-growing activities.
- NO MULTI-YEAR OBLIGATIONS: With factoring, there are no multi-year contracts to sign. Once approved, you can factor as little or as much as you like.
The Following Chart Outlines Why Factoring Is Your Best Financing Solution
|
Factoring |
Bank Loan |
Leasing |
Private Investor |
Venture Capital |
Is the application process simple? |
YES |
NO |
NO |
NO |
NO |
Can funding occur quickly? |
YES |
NO |
NO |
NO |
NO |
Can owners keep all their equity? |
YES |
MAYBE |
YES |
NO |
NO |
Can owners avoid any additional debt? |
YES |
NO |
NO |
MAYBE |
NO |
Can businesses get funded if they do not have a track record? |
YES |
NO |
NO |
MAYBE |
MAYBE |
Can businesses get funded if they are not profitable? |
YES |
NO |
NO |
MAYBE |
MAYBE |
Will the funding source help me reduce overhead and administrative costs? |
YES |
NO |
NO |
NO |
NO |
Factoring Your Accounts Receivable Gives You Working Capital
The bottom line is that we embody the entrepreneurial spirit represented by your company and will help insure you receive the cash necessary for you to run your business properly.20 Reasons To Use Factoring
Factoring is a flexible financial tool that can help your business be more competitive by improving your cash flow, increasing your credit rating, and allowing your company to take advantage of supplier discounts. Unlike traditional bank financing, factoring relies on the financial strength and credit worthiness of your customers, not your company. You can use factoring services as much as you want or as little as you want. There are no long term obligations, no restrictive covenants, and no maximums. Here are the top 20 reasons businesses use our factoring services:
- Increase Cash Flow Without Increasing or Adding Debt
- Fast and Easy Process
- Cash Received for Your Invoices in 24 Hours or Less
- Eliminate Long Billing Cycles
- Add Capital to Your Business That is Not a Loan
- Pay Off Past Due Operating Expenses
- Pay Off Delinquent Obligations
- Increase Marketing Efforts
- Provide Consistent Weekly Cash Flow to Allow for Better Planning and Growth
- Reduce Stress Involved With Not Having Cash to Meet Business Obligations
- Reduce Bad Debts by Using the Factor’s Credit Department
- Make Professional Quick Credit Decisions for New Customers
- Improve Decision-making on New Business
- Reduce Administration Costs Associated With Collection Activity
- Receive Professional Accounts Receivable Management
- Offer Better Terms to Customers Allowing You to Gain More Business
- Funding is Based on the Financial Strength of Your Customers
- Gain Needed Capital Without Giving Up Equity
- Concentrate on Important Parts of Your Business Instead of Collecting Invoices
- Use Your Customer's Good Credit as Leverage for Better Cash Flow
See how factoring can put cash into your business today!
Click Here to Pre-Qualify Immediately On-line or Call us to Pre-Qualify Immediately at (877) 791-2006.

