Factoring is a great and relatively inexpensive way to improve your cash flow and get the working capital your business needs. Conventional borrowing increases a business' expenses and normally requires additional collateral. In the case of factoring, instead of analyzing a business' financial statements, the business is evaluated on the strength of its accounts receivables. If the business has a product or service that it provides to a credit-worthy customer, then the business is a candidate for invoice factoring. A typical advance is anywhere from 80% to as high as 95%, depending on the industry and volume of business. Accounts receivable factoring does not create debt or require additional collateral. It is very simple to use. Cash can be obtained for invoices normally in 24 hours or less, and as often as the business needs

This is what it means to your company:

• You gain working capital without adding debt or diluting your equity.
• Advantages of early payment discounts from suppliers.
• Ability to purchase equipment that will increase your profitability.
• It can protect and improve your credit ratings.
• It can increase your sales through credit extensions.
• And most importantly, it allows you to focus on the success of your business so you dont have to worry about your cash flow.

Go to invoice factoring home page