Invoice Factoring Gives Your Business the Working Capital it Needs to Thrive
Factoring accounts receivable gets your cash flow on track and allows your company to achieve its potential. Instead of waiting 30, 60, or even 90 days to get paid, we advance immediate cash for your receivables. We offer a simple factoring application process and quick funding. Get the working capital you need in as little as seven days!
Call today 417 849 7394
What is Accounts Receivable Factoring?
Invoice factoring is the purchase of your accounts receivable at a discount. A percentage (typically 75-95%) of the factored invoices are advanced to you in cash. The remaining amount is paid to your company less the factoring fee. Invoice factoring is not a loan, so it won't effect your balance sheet. A factoring relationship is not dependent on your cmpany's financial condition. In fact, we've funded several companies with poor credit.
- Easy to apply - Receive funding as early as one week from application
- No debt incurred because factoring is not a loan
- Personal guarantees not normally required
- Personal credit score not an issue
- Funding limited only by your company's pool of accounts receivable
- Cuts down on bad debt
Click here or on the book cover image to check out our e-book for information and tips on how to best use accounts receivable factoring for your business.
Distributors, Service Companies, and Manufacturers:
Is your company is growing at an accelerated rate and you need more working capital? Do you have pending orders or new contracts, but don't have the cash to pay the labor and other expenses? Invoice factoring provides you the working capital you need to maximize your revenue and profit streams.
Owners and managers of temporary staffing companies require a strong working capital position. Unfortunately, payments from customers come in 30 to 60 days after an invoice has been submitted, but payroll and other operating expenses must be made long before then. Accounts receivable factoring provides cash flow when you need it.
Medical and Dental Practices:
Make better use of a non-productive asset: your third-party receivables. Why wait up to 90 days to get paid from government programs and health insurance carriers when we can give you instant cash immediately? Imagine not having to worry about making ongoing payments for staff salaries, rent, supplies, and other expenses. Instead of waiting for the money to come in, get it when you really need it: NOW
The transportation industry has its own share of challenges, from increased competition to encompassing government regulations. Don't let your cash flow be a worry. We have a freight bill factoring program with a lot of perks, low rates, and higher advances.
If you've got pending construction projects, but lack the working capital to pay for the materials and labor, factoring your construction invoices can get you on track. Imagine what an influx of cash could do for your company. Bid confidently on new jobs, take advantage of purchase discounts, and buy much-needed equipment.
Call today at 417-849-7394
Check out our Accounts Receivable Factoring blog