What does it cost to factor
receivables? A factoring fee can range from as low as 1% to 6%.
The bottom line is if you can increase your business, take early payment
discounts from your vendors, and not borrow a single penny from a bank,
then it will cost you nothing. Our clients have grown their businesses
and increased their bottom line by factoring. It will cost you more
money if you are missing out business opportunities by not having
adequate working capital. The question you should ask is not what
factoring will cost, but will factoring benefit my business by having
cash today and not wait 30-60 or even 90 days? Will my business
increase the bottom line by having a better cash flow turn on my
receivables.
Would your business benefit if all
your customers paid cash on delivery with a minimal discount fee?
If you answered yes to this question, then you would benefit by
factoring. Factoring creates your accounts receivable to cash
transactions with a discount fee similar to credit card transactions.
Receivable
Factoring of Accounts as a
short-term solution or a permanent business finance tool can give a company the
extra cash it needs when it needs it, to meet payroll, add sales, pay
suppliers, or meet just about any obligation.
Does your business need Cash Flow
Now! - When a business
needs cash today, an extra day can make all the difference. Our entire
business process is built around immediate response to client needs, and
the fastest cash turnaround in the industry. Regardless of your
company's credit history or lack of operating history, our decisions are
based on the strength of your customers rather than on the financial
strength of your business.
Flexible Receivable Factoring Programs
- Flexible service, simple
applications, no set-up fees, and no long-term contracts make our
factoring programs the most flexible in the industry. You receive the
same professional attention and fast cash deliveries whether we manage a
few of your invoices or all of your invoices.
Industries - We fund any service related business or
distributor that has accounts
receivable owed from credit worthy businesses for products or services
already delivered. We do not fund construction receivables nor receivables that are owed by individuals.
Factoring Accounts Receivable
Services
Call Now to for more details!
1 800 876
6071
Customer Referrals Available Upon Request
