Details of Services Offered:
Invoice factoring, also called accounts receivable factoring, is a great way to help manage cash flow by providing an alternative to traditional bank financing.
Factoring is the process whereby a company sells its accounts receivable to a factor at a discount and receives cash. The factor also typically provides credit management and collection services. For example, a company has $10,000 of sales invoices to factor. The factor advances to the company a certain percentage of the invoice upfront. For this example, let's use 75% so that at the time of purchase $7,500 is sent/advanced to the Company (if you are quoted advances of 90% or greater, make sure that you read the fine print in your contract - there's always a "catch"). This upfront payment is not a loan, but an advance on the purchase of accounts receivable. The factor then collects the invoices and sends the balance of $2,500 less its fees when the invoices are paid. Fees are typically based on how long it takes to collect each invoice. What makes my services unique?
We're more than money. We're not just a financing company that provides accounts receivable funding. We're professionals that deliver on what we propose. What we propose is what you receive, with NO hidden fees and NO surprises.
We fund all types of businesses including:
Distributors
Manufacturers
Staffing
Truckers
IT Consulting
Publishing
All B2B Services
And Your Business
We're a partner you can trust with
Low Rates
Easy Application
Excellent References
Sincerely:
Jahn Morales
Business Development Officer Testimonials:
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