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Our customers tell us that our combination of
low rates and exceptional service makes us the best choice for factoring
services. factoring companies We are a nationwide company offering
factoring programs the others can't because of our unique funding
capabilities. The others are restricted by their banks on what kind of
factoring programs they can offer. We are not restricted!
We have been providing factoring
services nationwide for decades and have clients in hundreds of
industries
When you become
our client you will be served by our staff that has an average of 11 years factoring industry
experience per account executive. (Well above the factoring industry
norm!)
You will have one dedicated person and his or her assistant
who will handle your account. Unlike the others, you don't have
to start over each time you call with a new
person
Unlike other factoring
companies, our program includes the following features at no additional
charge: • 12-24 hour funding on approved
invoices • Highest advance rates in the industry • Credit analysis on new
and existing customers • Continuous collection management and follow up on
factored invoices • Invoice and statement mailing (postage included) •
Account status inquiries anytime; 24/7 online account
access. • We
allow you to electronically submit Invoices • Free credit checking on new
customers at no additional cost
Our
flexibility allows you to maintain control: • You select accounts you prefer to
factor on an invoice by invoice basis. • You control total factoring
costs by only factoring on an "as needed" basis.
Up to 97% Advance Rates:
Advance rates are based on overall risk
associated with a particular industry as well as experience and track record. We
hold reserve accounts to accommodate industries which typically experience
dilution and that we would otherwise not be able to service. Advance rates range
from 80% to 97% of the gross invoice amount.
Fee
Structures: Fees are determined based on your
industry, the credit worthiness of your customers, how quickly your invoices
turn, and monthly factoring volume.
GET YOUR CASH TODAY Call our factoring
specialists at
1-866-593-2205 or
Email Us or Complete our ONLINE REQUEST
FORM
FACTORING
HOME PAGE
WHAT OUR CLIENTS SAY
ABOUT US
Accounts Receivable Factors Bulletin Information
Accounts Receivable Factors type of financing is very beneficial if your business is in need of working capital and does not have the time to wait for its customers to pay their net term invoices. It is also very flexible since you are only borrowing according to your needs and against your own receivables.
Does the accounts receivable factors actually buy my accounts receivable? Yes. The money is not a loan, it is an outright purchase of the invoices at the time of billing. So, it isn't a true credit line. How does the accounts receivable factors collect? The same way you collect. Your client simply changes the address makes payment to the factor. What are the requirements for buying an invoice? The work or service must have been
completed, delivered and accepted; and your client must be a creditworthy risk. Can I qualify even if we are just starting in business? Yes you can, if you have creditworthy customers.
Factoring--a method of asset-based financing in which receivables are purchased or used as collateral--can provide immediate cash. Although this accounts receivable factors process is nothing new, many entrepreneurs have never heard of it. Still, about $61.6 billion in receivables were factored in 1995 ($40 billion by banks),
invoice factoring freight factoring
account receivable factoring
Many small businesses are good candidates for accounts receivable factors because their credit history is not as important to a factor as the credit history of the customer paying the receivables, says LaPaglia. Medical billing businesses are especially attractive, because their clients are large insurance companies, whereas construction companies can pose a greater risk from a collection standpoint.
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What Sets
Us Apart From The Others
LOWEST ACCOUNTS RECEIVABLE FACTORS RATES Factoring Industry leader; We have the lowest factoring rates in the industry How? Because we use our own money. The others are restricted by their banks.
HIGHEST CASH ADVANCES (up to 97%) We offer the highest advances in the factoring industry. How? Because we use our own money. The others are restricted by their banks
100 YEARS ACCOUNTS RECEIVABLE FACTORS COMBINED EXPERIENCE With over 100 years combined experience in factoring in all industries.
Our knowledge and experience enables us to have a working understanding of the unique demands you face each day.
NO MINIMUM DOLLAR AMOUNT FOR EACH INVOICE. You may factor all of your accounts or you may choose to factor only a few.
In other words, you can customize your own account!
Our customers tell us that our combination of low rates and exceptional service makes us the best choice for factoring services.
We are a nationwide company offering factoring programs the others can't because of our unique funding capabilities. The others are restricted by their banks on what kind of factoring programs they can offer. We are not restricted!
We have been providing factoring services nationwide for decades and have clients in hundreds of industries
When you become our client you will be served by our staff that has an average of 11 years factoring industry experience per account executive. (Well above the factoring industry norm!)
You will have one dedicated person and his or her assistant who will handle your account. Unlike the others, you don't have to start over each time you call with a new person
Unlike other factoring companies, our program includes the following features at no additional charge: • 12-24 hour funding on approved invoices • Highest advance rates in the industry • Credit analysis on new and existing customers • Continuous collection management and follow up on factored invoices • Invoice and statement mailing (postage included) • Account status inquiries anytime; 24/7 online account access. • We allow you to electronically
submit Invoices • Free credit checking on new customers at no additional cost
Our flexibility allows you to maintain control: • You select accounts you prefer to factor on an invoice by invoice basis. • You control total factoring costs by only factoring on an "as needed" basis.
Up to 97% Advance Rates: Advance rates are based on overall risk associated with a particular industry as well as experience and track record. We hold reserve accounts to accommodate industries which typically experience dilution and that we would otherwise not be able to service. Advance rates range from 80% to 97% of the gross invoice amount.
Fee Structures: Fees are determined based on your industry, the credit worthiness of your customers, how quickly your invoices turn, and monthly factoring volume.
GET YOUR CASH TODAY Call our factoring specialists at
1-866-593-2205 or
Email Us or Complete our ONLINE REQUEST FORM
FACTORING HOME PAGE
WHAT OUR CLIENTS SAY ABOUT US
More Accounts Receivable Factors Information
Finally! An Account Receivable Factoring Company That
Is Not Only Affordable But... Account receivable factoring allows you to convert
your slow paying receivables into cash, by financing them through an accounts
receivable factoring company. Invoice factoring is a flexible line of financing
that is directly tied to your sales. Basically, the more you sell to good
customers the more financing you can obtain
Factoring Company.What You Ought To Know... 97%
Advance Rates What You Ought To
Know...Our factoring company can offer you the highest advance rates in the
nation.And our factoring company uses our own money, which means we can be more
flexible with our factoring company rates
Selling Accounts Receivable.Who Ever Heard Of A
Company That.... Selling accounts
receivable for a fee can be a valuable source of quick cash for growing
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cash by selling them to a financing firm for a fee-can play a critical role in
enabling expansion.
Factor Receivables When You Want To Increase Your
Profits You can convert your
receivables into cash via factoring. When you factor receivables you do not have
to factor all of your receivables, some companies choose to select only a
portion of their clients. Essentially what you will be doing is converting your
accounts receivable to cash with a purchase and sale agreement. You typically
receive 80 percent of the receivables value upfront. Then you receive the
remaining value once the client pays the factor, minus a factoring fee.
... Your Profits Accounts
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Can This Accounts Receivable Factoring Company Deliver
This Unique.. Our Accounts
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you to only find out that they aren't going to pay anyhow.
Factoring Company.Unique 97% Advance
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