Receivable
Finance Credit Line
A
Factoring Credit Line is the selling of interest in your invoices or
receivables to factor at a small discount.
In fact, it is an old financial service used by multi-billion dollar
corporations that is now available to smaller sized businesses, to whom
banks are usually reluctant to lend funds to. Factoring financing is a
tremendous void that banks have created.
The Invoices to your customers for goods delivered or services rendered
can be converted into a "Credit Line" from which you may draw cash to
better manage your business. Draw only as much as you need and pay only
for what you use.
We can provide funding for your business needs, we may establish a
credit line that effectively multiplies your working capital by 'turning
it' more often. Compared to bank lines, the "credit line" uses far less
collateral, requires only minimal paperwork, and can be in place in less
than a week and, best of all, grows with your business.
A Factoring credit line compliments any loans that you have or are
seeking, yet allows you to access additional funding. There is no faster
financial service available for businesses.
There is no need to change anything about the way you do business! When
the invoice is verified, the funds are sent to you in what is known as
the advance. You will receive your funds through mail, Fed-Ex, or wire
transfer it to your bank account. You decide which is best for your
needs. This transaction is ordinarily completed within 24 hours.
The remaining funds, known as the reserve, will be sent as soon as your
customer's check arrives, or on a pre-arranged schedule.
By taking discounts from the vendors and possibly adding a little to
your invoice, you may be able to factor for free. Also, this is often
less expensive than a Bank, that charges closing costs, origination
fees, points, as well as Interest.
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
