Account Receivable Factoring
Factoring is a fast and flexible method of improving
your cash flow and providing working capital for your company. With
factoring, you get immediate access to cash that is normally tied
up for 30, 60 or 90 days in accounts receivable invoices that will
allow you to take advantage of growth opportunities, debt reduction,
or provide for daily operating expenses.
Unlike a traditional loan, factoring does
not put debt on your balance sheet and there are no loans to repay.
By selling your accounts receivable to a Factor rather than borrowing
from a Bank, factoring simply converts one asset, your accounts
receivable, into another asset, cash. You can factor your accounts
receivable to improve your cash flow or in addition to existing
financing to accelerated your growth.
There are no lengthy applications or loan
committees, and there may not be a need for a financial audit.
Factoring can be short term or part of an ongoing financing program.
New companies can benefit as well since there is no requirement
for a long-term credit history. Best of all, you regain control
of your company's financial situation by having a ready source of
immediate cash!
To learn how we can help you, please contact us by
completing the form below (Name and Email are required) or complete
the General Application to
help us assist you further. You may also call us at 1 866-537-8358 Fax 561-892-6288
(outside the USA call 1 954-724-0020) We will be glad to help.
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