Funding /
Business Capital
- Contractors Financing Program
- Invoice Receivable Financing
- Government Contract Financing
- Public Works Contract Funding
Medical Accounts
- Receivable Financing
- Dialysis Centers
- Nursing Home
- Transportation Providers
- All Other Healthcare Providers
General Factoring
- In all Industries Credit Card
- Receivable Financing
Legal Financing
- Need Immediate Cash
- Law Firm Funding
- Auto Accidents
- Medical Malpractices
- Construction Accidental
- Wrongful Death Cases
Structured Settlements
- Inheritance Payment
- Pension Payment
- Contest Winning
- Annuities Payment |
What is Factoring?
Simply put, factoring is a low-cost form of financing where a company turns
its Accounts Receivable over to another company and receives payment early.
Factoring is a
widely-used form of financing in the financial industry among growing
companies, recovering businesses, and entrepreneurs. Many of the largest and
most stable corporations in America and Europe utilize factoring as a means
to speed up their cash flow so that they can seize opportunities to increase
their market share.
of
Factoring over Bank Financing:
- Factoring provides an unlimited line of working capital, limited only by
the
amount of business you can generate, not on the amount of your assets.
- You qualify for cash advances based on your customer's creditworthiness,
not yours
- Factoring does not increase your debt position
- Factoring can help improve your credit rating & collections
- New orders generate cash within 24 hours - not 60 days
- No time-consuming Bank audits are required - and no restrictions on the
use
of proceeds
Proceeds from Factoring can be used to:
- Increase your sales
- Take supplier discounts
- Increase your staff or fund payroll
- Purchase new equipment
- Increase your inventory
- Improve your credit rating |