Immediate
Cash Flow
Through Factor Funding
you can receive immediate funding for outstanding invoices,
purchase orders and may other assets on-going.
Unlimited
capital
Our funding programs are flexible and designed to grow with
your business and allow you to continuously meet ever-increasing
demands.
Improved
collections
Our program provides more effective collections
because payment experiences are reported to Dun and Bradstreet
(or other credit agencies) and legal action may be taken in
cases of non payment. As a result, your customers will pay more
promptly because they are acutely aware that their credit rating
may be adversely affected by paying slowly.
Eliminate
or reduce bad debt
With no-fault funding you can insure the risk
of bad debt due to insolvency and eliminate these types of expenses
from your income statement.
Improve
accounts receivable management
Our underwriters and trained professionals will handle much
of the processing associated with your account, including payments,
depositing of checks, postage and handling, entering payments
into the system; and producing weekly, monthly, quarterly, and/or
annual reports.
Credit
screening
You will receive credit information on your new customers to
enable you make better credit decisions.
Credit
monitoring
You will receive on-going credit monitoring of your existing
customers to ensure that you do not suffer undue burden.
Increase
sales
By offering terms to customers it will enable
you to sell more and increase your business without adversely
impacting your cash flow.
Early
payment discount
By having cash on-hand for prompt payment and
purchases, you will be better able to take advantage of early
payment terms offered by suppliers.
Volume
discounts
With better cash flow you can buy more and save
more.
No
geographical limitations
Our programs will give you the flexibility to
work with clients across the States and indeed the world.
Focus
on marketing and business growth
Most business owners spend majority of their
time on collections, administration, bookkeeping, developing
and maintaining relationships with suppliers, and searching
for capital. Factor Funding will allow you more time to concentrate
on marketing, sales and business growth.
No
loss of equity
Our
program will allow you to maintain complete ownership and control.
No
debt is incurred
Under most of our programs no debt is created.
You simply transfer the right to receive payments; therefore,
there are no debts to repay. This also would make it possible
for you to pursue additional funding if you need or choose.
Build
business credit
Our
program may enable you to build your business credit. With adequate
cash flow you can pay your bills in a timelier manner and establish
or improve your credit rating, and also be able to seek better
credit terms from suppliers…and get them!
Factor
Funding is simple, easy and fast
The application and documents that are required to establish
an account is much simpler than that of conventional lenders.
In most cases, we do not require tax returns, personal financial
statements or business plans, and you can be funded within 24
hours after approval.
No
personal liability
Lastly, you won't be required to personally guarantee non-payment
as a result of insolvency or any repayment, except in cases
of fraud or non-performance.