a Factoring Service?
Cash flow is one of the main reasons businesses fail. At one time or another, every business, even successful ones, have experienced poor cash flow. Cash flow does not have to be a problem any more. Do not be fooled -- banks are
not the only places you can get funding. Other solutions are available and you do not have to borrow.
One solution is called account receivable factoring. Factoring service is
the process of selling invoices to an
investor rather than waiting to collect the
money from the customer.
Account receivable Factoring has an ironic distinction: It is the
financial backbone of many of America's most successful businesses.
Why is this ironic? Because receivable factoring is not taught in business colleges, is seldom mentioned in business financing plans and is relatively
unknown to the majority of American business people. Yet it is a financing process that frees up billions of dollars every year,enabling thousands of businesses to grow and prosper.
Receivable Factoring service has been around for thousands of years. Factors are investors who pay
cash for the right to receive the future payments on your invoices.
An unpaid receivable or invoice has value. It is a debt your customer has agreed to pay in the near future
Is a Factoring Service For You?
The key to knowing if factoring is for you is to not to look only at the bottom-line invoice factoring fee, but also to consider how your company may increase
its profits through factoring.
Top 50 Cities for Factoring Loan Companies
New York, New York (pop 8,084,316)