Accounts Receivable Financing - Call Scott at 972-743-5540
Accounts Receivable Financing, also called Factoring, is a financial service that allows businesses to get immediate cash for their outstanding receivables. Factoring is not a loan. You are literally selling your open invoices for their face value less a small discount. Therefore, you gain working capital quickly rather than waiting for your customers to pay you in often 30,45 or 60 days.
Why factor?
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Provides cash quickly (often within 24 hours)
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No additional debit is acquired; factoring is not a loan (off balance sheet)
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Can help build credit.
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You do not give up equity as with an investment capital or new partners.
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You can take advantage of supplier early payment and volume discounts.
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You have the ability to make volume purchases from suppliers.
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Allows you to offer better payment terms to your customers.
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Allows you to focus on your core business, not processing receivables.
We Offer:
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Great low monthly factoring rates through our affiliate bank partner.
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No monthly minimums are required.
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Flexibility! Only factor the invoices you want.
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Quick and easy to qualify.
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Control! You still maintain control of your customer relationships and your customers will love getting more attractive payment terms. To see your options, call Scott at 972-743-5540
