About Invoice Factoring
Depending on the agreement, businesses can pick and choose which invoices they wish to sell to the factor, who immediately advances eighty percent or more of the face value of the invoices.  The balance of the funds, less the discount fee, is released once the invoice is collected.  

The cost of doing business with a factoring company is the discount taken on the invoices submitted for funding.  Fees range from 1 to 10 percent, depending on volume, credit-worthiness of the customers sold and overall risk.  The discount taken is best compared to a merchant accepting a Visa or MasterCard transaction and receiving immediate payment, less a percentage or discount, before the actual cardholder has paid his or her monthly statement. 

Setting up a factoring relationship is quick and easy in comparison to other forms of financing.  Applications simply call for basic company information and a customer list.  Years of profitability are not required which makes factoring an option for startups generating receivables.  It is possible that funding can occur in as little as a couple of days after the receipt of the application and invoices.

Each invoice factoring companyr operates slightly different.  It is important to understand which programs  provide the greatest benefits and at the least cost. Several criteria should be addressed  when searching for a reputable factor.   Are there setup fees, maintenance fees or penalty fees? Is there a long term contract? Are there monthly minimums? Does the factor provide credit and collection services at no additional charge? What accounting reports will the factor supply?  What value-added services does it provide? 

Business Factoring Service Benefits

A steady and predictable cash flow
is crucial to the success and profitability
of every business. All too often a business
will find the majority of their working capital
tied up in accounts receivable. Listed
are just some of the ways your company can benefit from factoring with us:

Immediate Cash
We offer funding on your qualified accounts receivable in 12 hours or less.

Working Capital
Accounts Receivable Factoring is the
only financing mechanism directly linked to
your company's sales.
As sales increase more money becomes immediately available to you.
This allows you to meet increasing
demand for your products and/or services.

Other benefits include:
• Cash stability
• Simple to start and use
• Increased sales and profit potential
• Added purchasing power for supplies and equipment
• Ending payroll and tax payment worries
• Better ability to take trade discounts
• New financial and technical resources
• You keep control

Credit Management Services at No Extra Cost
   We provide credit analysis on both
   new and existing accounts. 
   We actually pull credit reports
   from various reporting services that
   we contract with and report back
   to you as to whether or not
   they are creditworthy

Experienced Account Managers
   We are seasoned professionals with
   an average of 11years industry experience per    account executive.   
   (Well above the invoice factoring industry
   norm of 2 years)

Personalized Service
   You have one dedicated person and his
   or her assistant who handle your account.
 
   Unlike the others, with us you don't
   have to start over each time you call 
   with a new person

Please contact us today
   and our seasoned invoice factoring
   specialists will help you
   get the cash you need TODAY

1-800-986-1854

Email Us
or complete the
On-Line Invoice Factoring Request Form