We factor your accounts receivables to increase your working capital, to get you the cash you need to maintain and expand your business, to eliminate the need to collect from your customers, and to allow for fast turnover of your money. We can meet your factoring needs and help fulfill your cash flow and capital requirements.
Your company is eligible to factor receivables when it has delivered a product or service and has generated an approved invoice. Through factor receivables your company can maintain the cash flow to stay current with vendors and to meet payroll and taxes. With factor receivables you do not have the restrictions associated with bank loans such as requiring two years in business and showing a profit.
Factor receivables is the practice of selling invoices (money due from customers) and receiving immediate cash from a factoring company. A factor receivables company is a commercial finance company that specializes in the purchase of invoices for cash at a discount from face value. Your company does not have to wait the normal 30-45 days for its accounts receivables to be paid which means that your cash flow is accelerated and your business is able to more readily pay its current obligations and grow.
