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Unlimited capital.
The only financing source that can increase immediately with your
sales, that we know of is factoring. This allows you to constantly
have the ability to meet increasing demand, therefore as sales
increase; more money becomes immediately available to you.
No Debt incurred.
Factoring is not a loan; therefore you are not incurring any debt.
This can make a very attractive balance sheet, which makes it easier
to obtain other financing and make immediate adjustments to cash
flow needs.
No loss of business equity.
Ownership percentages are unchanged with a factoring arrangement
(unlike most venture capital arrangements).
Offer credit terms to your
customers.
Factoring allows
your business to be more productive by offering credit terms to
potential and current customers without the risk of a negative cash
flow impact.
Leverage off your customer’s
credit.
It's not necessary
to be in business for three years, or be profitable, or meet any
other conventional lender qualifications in order to factor. Simply
have a credit-worthy customer, and you can qualify for a factoring
arrangement.
Establish good credit for
your business.
Paying your
company's bills in a timely manner is no challenge with improved
cash-flow. Factoring makes cash immediately available to maintain a
steady cash
flow.
Improve processing service.
You can greatly reduce
your cost of processing because we handle much of the work. Mailing
invoices (addressing envelope, stuffing them, paying postage),
posting invoices to a computer system, depositing checks, entering
payments on the computer and producing regular reports can be
delegated to us.
Professional collections. We usually
handle collections more professionally and more productively than
you can internally. This could translate into further cost savings
for your business.
Factoring is fast and easy.
No tax returns, personal financial statements, business plan,
projections, etc. are necessary to process our application. Usually,
within about a week of receipt of signed contracts, your account is
established. Thereafter, accepted invoices are converted to cash
within 24 hours. Bureaucracy prohibits banks from processing that
fast.
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