Invoice Factoring
Are long billing cycles putting a strain on your business cash flow? Despite increasing sales, does the management of receivables and payables seem like a juggling act? Could your business increase sales by offering
better terms to your new and larger customers? Are you spending
too much time collecting from slow paying customers and not enough
time building your business? Is the bank turning you down for
traditional financing due to years in business, profitability,
lack of assets, personal guarantees and financial strength?
Have you considered turning away new business due to slow cash flow?
These
are challenges many businesses face that can be solved with Factoring.
Invoice Factoring, also known as Accounts Receivable Factoring, is a financial service that allows a business to liquidate outstanding
receivables to a financial institution called a Factor for immediate cash funding. The factoring company buys the invoice from you today for a cash amount less than face value and then later collects the full amount from you or your customer when the receivable is due. If your business sells products or services to other
businesses (or governments) on credit terms, factoring receivables can eliminate the long billing cycles
that put a strain on your business cash flow.
Top 10 benefits of factoring receivables:
- Obtain funding for your outstanding receivables within 24 hours.
- Accelerate cash flow, make payroll, and fulfill new orders.
- Offer better terms to large customers and increase sales.
- Extend credit to large customers without asking for COD.
- No new debt is created. Factoring is not a loan.
- Pay your suppliers faster, take advantage of early pay discounts.
- Improve your business cash flow and credit rating.
- Eliminate long billing cycles and the hassle of collecting
money.
- Instant credit guarantees for new customers.
- No obligations and No binding contracts.
- Read more...
How can you get started? Just fill out one simple online form and in turn you will recieve a free consultation and competitive factoring quotes for the purchase of your receivables. There are no up front fees or hidden charges. The consultation is free and the quotes are yours to accept or decline.
Please read through our web site where you can learn more about factoring invoices, the benefits, the funding process, and examples of how your business can use this financial service to increase working capital.
© 2005 Invoice Financial
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