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Our customers tell us that our combination of
low rates and exceptional service makes us the best choice for factoring
services.
We are a nationwide company offering
factoring programs the others can't because of our unique funding
capabilities. The others are restricted by their banks on what kind of
factoring programs they can offer. We are not restricted!
We have been providing factoring
services nationwide for decades and have clients in hundreds of
industries
When you become
our client you will be served by our staff that has an average of 11 years factoring industry
experience per account executive. (Well above the factoring industry
norm!)
You will have one dedicated person and his or her assistant
who will handle your account. Unlike the others, you don't have
to start over each time you call with a new
person
Unlike other factoring
companies, our program includes the following features at no additional
charge: 12-24 hour funding on approved
invoices Highest advance rates in the industry Credit analysis on new
and existing customers Continuous collection management and follow up on
factored invoices Invoice and statement mailing (postage included)
Account status inquiries anytime; 24/7 online account
access. We
allow you to electronically submit Invoices Free credit checking on new
customers at no additional cost
Our
flexibility allows you to maintain control: You select accounts you prefer to
factor on an invoice by invoice basis. You control total factoring
costs by only factoring on an "as needed" basis.
Up to 97% Advance Rates:
Advance rates are based on overall risk
associated with a particular industry as well as experience and track record. We
hold reserve accounts to accommodate industries which typically experience
dilution and that we would otherwise not be able to service. Advance rates range
from 80% to 97% of the gross invoice amount.
Fee
Structures: Fees are determined based on your
industry, the credit worthiness of your customers, how quickly your invoices
turn, and monthly factoring volume.
GET YOUR CASH TODAY Call our factoring
specialists at
1-866-593-2205 or
Email Us or Complete our ONLINE REQUEST
FORM
FACTORING
HOME PAGE
WHAT OUR CLIENTS SAY
ABOUT US
Accounts Receivable Factors Bulletin Information
Accounts Receivable Factors type of financing is very beneficial if your business is in need of working capital and does not have the time to wait for its customers to pay their net term invoices. It is also very flexible since you are only borrowing according to your needs and against your own receivables.
Does the accounts receivable factors actually buy my accounts receivable? Yes. The money is not a loan, it is an outright purchase of the invoices at the time of billing. So, it isn't a true credit line. How does the accounts receivable factors collect? The same way you collect. Your client simply changes the address makes payment to the factor. What are the requirements for buying an invoice? The work or service must have been
completed, delivered and accepted; and your client must be a creditworthy risk. Can I qualify even if we are just starting in business? Yes you can, if you have creditworthy customers.
Factoring--a method of asset-based financing in which receivables are purchased or used as collateral--can provide immediate cash. Although this accounts receivable factors process is nothing new, many entrepreneurs have never heard of it. Still, about $61.6 billion in receivables were factored in 1995 ($40 billion by banks),
invoice factoring freight factoring
account receivable factoring
Many small businesses are good candidates for accounts receivable factors because their credit history is not as important to a factor as the credit history of the customer paying the receivables, says LaPaglia. Medical billing businesses are especially attractive, because their clients are large insurance companies, whereas construction companies can pose a greater risk from a collection standpoint.
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What Sets
Us Apart From The Others
LOWEST ACCOUNTS RECEIVABLE FACTORS RATES Factoring Industry leader; We have the lowest factoring rates in the industry How? Because we use our own money. The others are restricted by their banks.
HIGHEST CASH ADVANCES (up to 97%) We offer the highest advances in the factoring industry. How? Because we use our own money. The others are restricted by their banks
100 YEARS ACCOUNTS RECEIVABLE FACTORS COMBINED EXPERIENCE With over 100 years combined experience in factoring in all industries.
Our knowledge and experience enables us to have a working understanding of the unique demands you face each day.
NO MINIMUM DOLLAR AMOUNT FOR EACH INVOICE. You may factor all of your accounts or you may choose to factor only a few.
In other words, you can customize your own account!
Our customers tell us that our combination of low rates and exceptional service makes us the best choice for factoring services.
We are a nationwide company offering factoring programs the others can't because of our unique funding capabilities. The others are restricted by their banks on what kind of factoring programs they can offer. We are not restricted!
We have been providing factoring services nationwide for decades and have clients in hundreds of industries
When you become our client you will be served by our staff that has an average of 11 years factoring industry experience per account executive. (Well above the factoring industry norm!)
You will have one dedicated person and his or her assistant who will handle your account. Unlike the others, you don't have to start over each time you call with a new person
Unlike other factoring companies, our program includes the following features at no additional charge: 12-24 hour funding on approved invoices Highest advance rates in the industry Credit analysis on new and existing customers Continuous collection management and follow up on factored invoices Invoice and statement mailing (postage included) Account status inquiries anytime; 24/7 online account access. We allow you to electronically
submit Invoices Free credit checking on new customers at no additional cost
Our flexibility allows you to maintain control: You select accounts you prefer to factor on an invoice by invoice basis. You control total factoring costs by only factoring on an "as needed" basis.
Up to 97% Advance Rates: Advance rates are based on overall risk associated with a particular industry as well as experience and track record. We hold reserve accounts to accommodate industries which typically experience dilution and that we would otherwise not be able to service. Advance rates range from 80% to 97% of the gross invoice amount.
Fee Structures: Fees are determined based on your industry, the credit worthiness of your customers, how quickly your invoices turn, and monthly factoring volume.
GET YOUR CASH TODAY Call our factoring specialists at
1-866-593-2205 or
Email Us or Complete our ONLINE REQUEST FORM
FACTORING HOME PAGE
WHAT OUR CLIENTS SAY ABOUT US
More Accounts Receivable Services Information
ALert! This Receivable Factoring Company Was Voted
Number One Receivable factoring
allows you to turn your slow paying invoices from good customers into immediate
cash. Its a very simple transaction in which you trade an invoice almost
cash for actual cash. Basically, the factoring company provides financing
solely on the power of your soon to be paid invoices.
- How This Factoring Account Receivables Company Changed
The...
Because account receivables
factoring factors extend credit not to their clients but to their clients'
customers, they are more concerned about the customers' ability to pay than the
client's financial status. That means a receivables factoring company with
creditworthy customers may be able to factor even if it can't qualify for a
loan. ... account receivable
services loan, it doesn't matter what the interest ...
- Five Business Factoring Secrets You Ought To
Know
As opposed to other financing
products, business factoring is easy to obtain and can be setup in a week or so.
A critical benefit of A/R factoring is that the financing companies make their
credit decision based on your clients. So, accounts receivable factoring is an
ideal tool for small and medium sized businesses who cannot obtain bank
financing but have a roster of solid customers
- Receivables Factoring. How I Turned My Business
Around
Our receivables factoring
flexibility allows you to maintain control: β’ You select accounts you prefer
to factor on an invoice by invoice basis. β’ You control total factoring costs
by only factoring on an "as needed" basis.
- Receivable Factoring Service.How to Make More Money
With Our Factoring Company.
Is a
receivable Factoring Service For You? The key to knowing if factoring service is
for you is to not to look only at the bottom-line factoring fee, but also to
consider how your company may increase it's profits through receivable
factoring. Here is additional information on factoring service to help you with
your decision.
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You
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