Accounts Receivable Factoring

Accounts Receivable Factoring keeps your capital working by turning your accounts receivable into immediate cash flow.

This is done through a third-party company or "factors" who will  purchase your accounts receivable (invoices) in generally two phases. One, Immediate cash for as much as 90% of the invoice's total value. And two, upon full payment of the order(s) by your customer to the factor company, you will be remitted the balance less a small factoring fee.

Reasons to Factor:

• Obtain a source of working capital

• Relief from responsibility for collection of no-pay and slow-pay clients

• Fill more orders

• Flexible funding program that increases as you increase your sales

• Ability to take advantage of vendor discounts

• To have funds for payroll and taxes

• Extend credit to customers on large orders

• Buy equipment or inventory on demand
  . . . and more