staffing factoring

 










 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 


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.

Our same day funding policy gets cash out to you within 12-24 hours. You have the cash when you need it, which will help keep your business moving.

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.
 


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Staffing Factoring Company Information
 
The overall increase in staffing factoring volume is mainly attributed to the credit crunch in the late 80s.  As the availability of bank commercial credit tightens, more businesses look towards alternative sources of financing to achieve growth. 

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.

 

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.

 B U S I N E S SE S   C H O O S E   U S   A G A I N   A N D   A G A I N   B E C A U S E   W E   H A V E
T H E   K N O W L E D G E ,   E X P E R I E N C E
A N D   S Y S T E M S   F O R  
O N E - O F - A - K I N D   F I N A N C I N G  
P R O G R A M S   T H A T   A R E   U N I Q U E   I N   T H E  
FA C T O R I N G   I N D U S T R Y .  
G E T   S T A R T E D   T O D A Y  --  
M A K E   T HE   S M A R T   C H O I C E
F O R   G R E A T E R   P R O F I T S
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Please contact us today and our seasoned invoice factoring professionals will help you get the cash you need today.
 - Call us at 1-800-986-1859, or 
 
- Email us, or
 
- Complete the Online Invoice Factoring Request Form