Why Factoring

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Unlimited capital.The only financing source that grows with your sales, is factoring. This allows you to consistantly have the ability to meet increasing demand, therefore, as sales increase, more money becomes immediately available to you.
 

No debt incurred.Factoring is not a loan, therefore you are not incurring any debt. This can make a very attractive balance sheet, which makes it easier to obtain other financing or to ultimately sell the company.
 
 

No loss of business equity. Ownership percentages are unchanged with a factoring arrangement (unlike most venture capital arrangements).
 

Offer credit terms to your customers. Factoring allows your business to be more competitive by offering credit terms to current and potential customers without the risk of a negative cash flow impact.
 

Leverage off your customers' credit. A company doesn't need to be credit worthy to factor its invoices. In fact, it's not necessary to be in business for three years, or be profitable, or meet any other conventional lender qualifications in order to factor. Simply have a credit-worthy customer, and you can qualify for a factoring arrangement.
 

Establish good credit for your business. Paying your company's bills in a timely manner is no challenge with improved cash flow. Factoring makes cash immediately available to keep cash flow steady.
 

Invoice processing service. You can greatly reduce your cost of processing invoices because factors handle much of the work. Mailing invoices posting invoices to a computer system, depositing checks, entering payments on the computer and producing regular reports will be delegated to the factor.
 

Factoring is easy and fast.  No business plan or projections are necessary to process a factoring application.  Usually, within about one week of receipt of signed contracts, your account is established. Thereafter, accepted invoices are converted to cash within 48 hours. Regulations prohibit banks from quick processing that fast.

Meet seasonal demands

Improve creditworthiness

Regulate cash flow

Take early pay discounts

Meet payroll

Cash available "On Demand"

Your "credit line" grows with your business

No restrictions on use of funds

No other collateral needed

No debt created

Quick & easy qualification process

Minimal paperwork

Supplier discount advantages

Volume discount advantages

Eliminate early payment discounts to customers

Detailed management reports

Invoices are paid faster

Focus business growth efforts

No geographical limits

Early-warning detection of customer service problems