Why Factor?

Consider these questions for your business:


If all my customers paid me in one day, how could that change my business?

Can I take advantage of discounts from my suppliers for prompt payment?

Am I willing to give up 1% to 4% of the face value of the invoice to get paid in one day?

If any of the questions above seem to fit
your business, then factoring could be the right choice for your company.

 

Turn Receivables Into Cash.

Factoring may offer your business more opportunities as you can extend credit terms that many larger customer’s require, without suffering from cash flow constraints. Your working capital and growth potential will only be limited by your sales ability once factoring begins. Many companies have a large amount of funds frozen within accounts receivable and do not have access to that cash. When factoring begins you can unlock that frozen asset and begin utilizing that cash within your business.

Many of our factoring programs also provide additional services such as: Accounts Receivable Management, Credit Reviews on your potential customers and current customers, invoice mailing, collection services, and internet access to your account.
Industries that traditionally fit well with Factoring include:

Manufacturing
Trucking
Distributors
Business Services
Technology
Employment Agencies

If your business could benefit from having cash within 24 hours from producing the invoice, then you may want to take a closer look at factoring. One of our financial consultants can answer questions or run a business model to find out how your company may perform with factoring.

Click "Apply Now" to fill out an application today.

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