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We are a nationwide company offering
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TODAYinvoice factoring programs the others can't because of our unique funding capabilities. The others are restricted by their banks on what kind of factoring programs they can offer. We are not restricted Our customers tell us that our combination of low rates,flexible contracts and exceptional service makes us the best choice for invoice factoring services. We have been providing invoice factoring services nationwide for decades and have clients in hundreds of industries. Including factoring for Health Care Staffing, Tansportation, Trucking, Manufacturing, Labor Staffing, and much more. Unlike other invoice factoring companies, our program includes the following features at no additional charge: • 12-24 hour funding on approved invoices • Highest advance rates in the industry • Credit analysis on new and existing customers • Continuous collection management and follow up on factored invoices • Invoice and statement mailing (postage included) • Account status inquiries anytime; 24/7 online account access. • We allow you to electronically submit Invoices • Free credit checking on new customers at no additional cost Call our invoice factoring specialists at 1-888-239-9162 or Email Us or Complete our ONLINE INVOICE FACTORING REQUEST FORM INVOICE FACTORING HOME PAGE Account receivable financing is most often used by businesses facing short-term cash flow problems. The major source of accounts receivable financing for small businesses are commercial finance companies, although banks will also consider receivables as security for a business loan. Accounts receivable factoring are typically "aged" by the borrower before a value is assigned to them. The older the account, the less value it has. For example, financiers often lend approximately 75 percent of the face value of accounts less than 30 days old. Some lenders don't pay attention to the age of the accounts until they are outstanding for over 90 days, and then they may refuse to finance them. Other lenders apply a graduated scale to value the accounts so that, for instance, accounts that are from 31-60 days old may have a loan-to-value ratio of only 60 percent, and accounts from 61-90 days old are only 30 percent. Delinquencies in the accounts and the overall creditworthiness of the account debtors may also affect the loan-to-value ratio. Invoice Factoring refers to a practice whereby you sell your receivables for a discount before they are due. Historically, factoring has been heavily used in some industries, such as the garment industry, and less in others. Today, however, entrepreneurial factoring companies are willing to buy creditworthy receivables from just about any industry. What is Accounts Receivable Financing? Accounts receivable financing is the selling of outstanding invoices or receivables at a discount to a finance or factoring company that assumes the risk on the receivables and provides quick cash to your business. The amount of value assigned to the account depends on the age of a receivable. A more current invoice will pay more. Any accounts receivable over 90 days typically are not financed. freight factoring
factoring
company Is Account Receivable Factoring for You?As a small business owner, you know first hand the struggle of attaining
capital to finance the growth of your business or meet cash flow shortages. When
regular small business financing such as loans and credit are limited, some
business owners will turn to accounts receivable financing. Is accounts
receivable financing right for your business?
Thecost of doing business with an account receivable company is the discount taken on the invoices submitted for funding. Fees range from 1 to 3 percent, depending on volume, credit-worthiness of the customers sold and overall risk. The discount taken is best compared to a merchant accepting a Visa or MasterCard transaction and receiving immediate payment, less a percentage or discount, before the actual cardholder has paid his or her monthly statement.
http://www.smallbusinessbankloan.org/ Businesses
choosing to maintain momentum, despite a lack of conventional financing
options, find that an account receivable company not only offers cash but also a stable foundation
on which to build. They look to a future of managed growth and profitable
performance that will bridge the gap to qualifying for bank financing. http://www.accountreceivables.net/ http://www.accountreceivablemanagement.org/ http://www.accountreceivablefactoringcompany.org/ An Account Receivable Company provides one of the most flexible financing options and the only one that can continually grow with your company. You are not totally limited to pre-approved credit lines, and you do not have to go through a complicated and redundant application process as your business grows
Account receivables factoring is the selling of accounts receivable or invoices in order to secure immediate, working capital (cash). Factoring has been used by businesses around the world for more than four centuries to manage cash flow. Here is a little bit about how accounts receivable factoring works. http://www.olympicinvoicefactoring.com/invoice-factoring/http://www.olympicinvoicefactoring.com/http://www.olympicfactoring.com/http://www.olympiccreditfund.com/http://www.olympiccreditfund.com/accounts-receivable-financing/http://www.accountreceivablefinancing.org/financing/ http://www.accountreceivablecollection.org/http://www.accountreceivablemanagement.net/http://www.accountreceivableservices.net/ http://www.accountreceivablefinancing.net/finance/http://www.accountreceivablefinancing.net/ http://accountreceivablefactoringcompany.org/account/http://accountreceivablefactoringcompany.org/ http://receivablesfactoring.co.uk/http://receivablesfactoring.co.uk/receivable/ If your business extends credit to customers on net terms, depending on how long the terms are for, you must wait a while before you can actually get paid. Until then, you are left with accounts receivable. Accounts receivable are simply future payments that you are entitled to collect for goods or services provided after a given amount of time.A factor company purchases your receivables by giving you an advance payment up front. This advanced payment is usually 70 - 90% of the total value of the receivables. After charging a small fee (2% and up) the remaining balance is released upon full receipt of payment for all the receivables/invoices. This allows your business to be able to make those larger sales and still have the working capital to continue operations and further growth. Invoice factoring is the financial tool that speeds your cash flow and helps you avoid the problems that slow paying customers can create for growing companies. Don't pay high bank factoring rates. Factoring accounts receivable provides fast and reliable funding to companies who need increased cash flow to expand their business. A monthly interest rate on accounts receivable is calculated by applying a daily percentage rate to the receivables outstanding each day (the less the outstanding receivables, the lower the interest charge). A default on payment can result in the financier seizing the pledged accounts receivable. Some states require notice to the business's debtors that their debt has been pledged as loan security. In states that do not have this requirement, some businesses do not notify their customers because the businesses fear that customers might perceive this method of financing as a sign of financial instability. |
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