Factoring Benefits

An immediate increase in cash flow is the primary payoff of using factoring as a business financing system.

Under conventional methods, a company sometimes waits 30, 60, 90, 120 days to collect on an invoice. With factoring, you receive up to 95% of the invoice amount in a day or two. When the invoices are paid, you receive the remaining amount less our fees.

Use the funds for:

• Investing in your company to grow or opening an interest bearing account.

• Offering extended payment terms to make it easier for more customers to buy from you.

• Taking discounts for quick pay to your vendors.

Other factoring benefits include:

• Converting your invoice processing, credit/collections, cash management, and report writing staff to more productive work.

• Receiving payments from vendors in a more timely fashion as they become aware that you have the capability of professional payment reporting to Dun & Bradstreet or other credit agencies.Obtaining credit screening for new and existing customers to enable better credit decisions.

Paying your vendor bills to improve your credit rating and demanding better credit terms from your suppliers.