Factoring
WORKING CAPITAL AVAILABLE FOR BUSINESSES NATIONWIDE
Who needs a loan when you can factor your accounts receivable!
There is NO PAYBACK !!
You can factor as much or as little as you like. After setting up your account with us, we will advance you up to 95% of your receivable within 24 hours!
WHAT IS FACTORING?
Factoring is an asset based financing method whereby your company uses its account receivable to generate immediate cash flow. Factors purchase your account receivable portfolio and immediately advance up to 93% of the face value. The balance of the funds – less the factors fee and discount – is released once the receivables are collected.
Factoring is based on your clients credit - NOT yours!
In a factoring program, your company sells its accounts receivable to a factoring company to secure immediate capital that will enable your company to:
- Grow your business
- Expand your market share
- Generate more sales & profits
WHO CAN BENEFIT FROM UTILIZING A FACTORING COMPANY
- Start up / or seasonal businesses
- Over leveraged balance sheet
- Inadequate cash flow
- Acquisition / buyout situations
- Businesses experiencing rapid growth
- Insufficient collateral
- VC backed or IPO bound
- Transition / turnaround situations
Can you say YES to any of the following questions?
- Your tired of waiting for your customers to pay you.
- You are having difficulty filling your customers orders.
- You can not obtain a bank or asset based line of credit
- You are having a cash flow problem
- You need working capital
If you answered yes to any of these questions, then you owe it to your business to find out how factoring can help improve your bottom line!
Why wait 30, 60, or 90 days for your clients to pay you? Factoring your accounts receivable with us could get you your money in 24 hours!
Call Us (888) 308-7160 (Monday – Friday 8 – 4 P.S.T)
Equipment Dealers, are you looking for an equipment leasing company that will help you to finance ALL your clients? Not just your A or B credit clients? For our registered & established vendors we will also finance your credit challenged clients! Click Here to review our vendor leasing program.
DO YOU HAVE A BAD CREDIT? CLICK HERE ON HOW TO GET A BAD CEDIT EQUIPMENT LEASE
