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We offer cash advance rates of up to 97%
-- exceeding industry norms by 20%. The typical maximum in the factoring
industry is 70-80%. We can offer these great rates because of our unique and
flexible combination of bank and private financing. Invoice Factoring with us includes complete credit management services. We fully research new clients and, equally important, routinely check the credit ratings of your existing customers. As a part of the process you will also receive accounting, transactional details, aging reports and financial management reports which can be incorporated into your own sales tracking, account history and in-depth analysis. Our experienced account
managers are seasoned factoring professionals, each with an average of 11 years in the
industry (well above the industry norm of 2 years). And unlike the others, you
have one dedicated person and his or her assistant who handle your account. You
donąt have to start over with a new person each time you call. Our personalized
service sets us apart from other factoring companies -- we always go the extra
mile to make sure your financial needs are met. Staffing factoring companies can help those firms that banks often find difficult
to approve such as start-up companies whose growth outstrips cash. The primary focus in a staffing factoring relationship
is the credit-worthiness of the customers being invoiced and the client’s
ability to produce a quality product or service. Simply put, if the business has an
acceptable product or service that it provides to a creditworthy customer then
the business is a candidate for staffing factoring. The fact is that most companies share a common dilemma
during periods of rapid growth of incoming orders draining cash flow. Account Receivable Factoring not only provides immediate cash
but, efficient businesses also use it as a tool to increase profit margins: 1. Take Advantage of
Early Payment Discounts - Having access
to cash enables businesses to save on average 2% by taking advantage of early
payment terms offered by suppliers. The
points saved by reducing raw materials costs helps to offset the factoring
fee. 2. Take Advantage of
Volume Discounts - Having cash also enables businesses to buy raw materials in
greater volume. This saves money and
directly impacts the bottom line. 3. Reduce Late
Payment Penalties and Interest Charges - Having immediate cash on hand to pay
current obligations as they become due eliminates late charges from suppliers
and other creditors. 4. Meet Obligations
on Time - Paying vendors on time helps to establish a solid credit track record
and allows for increased future credit limits from vendors as well as financial
institutions. 5. Offer Credit
Terms to Customers - Offering credit terms to customers is a common way to
increase sales by making it “easier” for customers to buy. Having financial backing to carry accounts
receivable is essential if a business wants to be able to follow through on its
commitments. Reputable staffing factoring companies encourage
“managed” growth by consulting with clients regarding exposures and other risks
when taking on new credit accounts.
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Imagine flexbility that no one else
offers. Unlike the others, you choose what works best for you; you sign no
long-term contracts; you pay no fees when your account is inactive. You set up
your contract to meet your cash flow needs, not ours. You can choose between
using our most advanced technology or using the old-fashioned systems - we
maintain both for you. Unlike the others, our objective is not to force you to
conform to us, but to get you the cash you need in the quickest and most
efficient manner. - Call us at 1-800-986-1859, or - Email us, or - Complete the Online Invoice Factoring Request Form
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