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An excellent source of
working capital for businesses looking to improve cash flow. This
alleviates the need to wait anywhere from 1 to 3 months to receive
payment on outstanding invoices. With this form of alternative
financing, invoices are sold at a discount, not used as collateral.
In essence, it is not a loan, and companies using it can receive
money on outstanding invoices within 24 to 48 hours.
Factoring meets the funding demands of fast growing companies
with a need for cash flow. A/R is often growing at a faster
rate than cash flow in these cases.
Factoring is Non-bank Funding that
is not a Loan!
We also specialize in
Asset Based Loans.
Asset-based lending is typically "secured" financing, which means
there are assets within a business to be used as collateral such as
 Accounts
Receivables
Machinery
and equipment
Real
Estate (land or buildings)
Inventories
What does
factoring cost?
Accounts receivable financing is subject to discount rates, which
are based on several criteria: customer credit worthiness,
size of invoice, average payment cycle, and monthly volume. Accounts
Receivables and invoice financing allows the factor to perform the
administrative effort of collecting payments, and providing payment
(less discount fee) to your company.
Factoring Accounts
Receivable Application
Other
Business Financing Services Include:
Business lines of credit are a form of commercial financing
that can ease temporary cash shortfalls. Revolving lines of credit
are structured as either asset-based or cash-flow.
Term loans, including both long term and short term loans, are a
commercial finance source with a lump-sum disbursement and payback
over a specified period of time. It’s important to structure a term
loan so that debt repayment matches your business cash flow.
Selecting an:
invoice factoring company, Part I
Selecting an:
factoring accounts receivables company, Part II
Selecting:
invoice factoring companies, Part III
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