
Funding is not a problem... it's a process!
If your customers are not paying their invoices in a timely
manner, we can factor these invoices and get you the cash
you need now!
What are the benefits of factoring?
Factoring stimulates cash flow.
Factoring relies on the strength of a business's customers.
Factoring is accesible.
Factoring gets quick results.
Factoring is flexible.
In many situations, factoring is more appropriate
than bank financing, because factoring:
Is based only on the accounts receivable. A client's ability
to raise cash by factoring is based on the total accounts
receivable, rather than on traditional measures of financial
strength and stability.
Provides continuing cash flow without the requirement of periodic
payments or interim payoffs. New sales continuously create
new power to obtain cash, and the business does not have to
deal with renewal of loans or worry about maturity dates.
Gives a business increased access to cash as sales and receivables
increase. There is no ceiling beyond which the factor must
stop providing cash. The more sales a business makes, the
more cash it can draw. The factor does not concentrate on
the business debt/equity ratio to provide funds, as banks
do.
Offers a dependable, continuing source of cash without the
necessity of making separate loan applications.
Avoids the necessity of obtaining funds from venture capitalists,
who receive an interest in the business and generally have
a say in how the business is run.
Saves the business owner precious time waiting for a loan
board to grant or deny his or her loan. Loan boards' decisions
are influenced by many considerations, and the outcome is
often unpredictable. With factoring, periodic delays and negotiations
are eliminated, allowing the business owner time to do what
he or she does best – run the business.
Contact us today to discuss your cash flow needs and explore
how we can be of service!
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