Invoice Factoring is a financial solution and service that helps a multitude of businesses. It purchases a company's unpaid invoices and exchanges it them for a cash advance. This allows companies to grow financially and meet their expenses and objectives without creating debt. Factoring your invoices can be the solution your company needs today. We have a simple and short application process and work with a variety of companies. Contact us today to request a quote here:http://www.factorfinders.com/request-a-factoring-quote
2. WHEN YOUR
COMPANY NEEDS
CA$H... creates financial solutions
Invoice Factoring
when times are tough...
Slow Paying Customers~ When your clients can
pay on slow terms that force your company to
wait extended periods for money it needs now.
Economic Downturn~ When fluctuations in the
economy can make it difficult to purchase
supplies & retain customers
Financial Struggles~ When your business is in
different stages of its life-cycle & experiences
hardship
3. Business Financing
Options common business financing
Here are some
options companies choose. These types of
business lending don’t always benefit business
owners.
Bank Loans
Charge high interest rates
Bases loans on credit & performance
Provide no extra services
Business Credit Cards
Carry strict terms
Payment due dates & penalties
Can be linked to owner’s personal credit score
4. Invoice Factoring:
The Alternative
Factoring on the other hand...
Carries low, affordable rates
Focuses on customer’s credit (not the company’s credit)
Provides additional services including account management,
back office support, industry expertise & more.
2 Invoice Factoring Options:
Recourse Factoring- A lower rate option where you
are responsible for paying the factor if your customer
fails to pay.
Non-Recourse Factoring- The factoring company
assumes all risk - even if the invoice isn’t paid. Non-
recourse factoring often comes with higher rates.
5. What is Invoice
Factoring?
Invoice factoring is the process by which your
company sells its unpaid invoices to a factoring
company. Once the factor receives your
invoices, they advance you a high percentage
of the invoice amount for a small fee. Your
customer then pays their bill through the
factoring company. Once the invoice is fully
paid, you receive the remainder of the invoice
amount.
6. The Advantage of
Factoring alternative
Factoring your invoices is a favorable
to credit cards and bank loans. It quickly puts
cash into your company’s hands and comes
along with some extra benefits:
Immediate funding in hand
Free of strict terms
Stabilizes cash flow
Use money however you see fit (cover expenses, make purchases,
etc.)
No time wasted pursuing customers for payments
Gives flexibility from industry to industry
No limits or restrictions on cash
7. Is Invoice Factoring Right for
you?
Whether your business just launched or you
have years of experience, Factor Finders can
service small and large companies across a
multitude of industries
Healthcare Factoring
Trucking Factoring
Staffing Factoring
Construction Factoring
Manufacturing Factoring
Distribution Factoring
8. The Factoring Process
How can you begin to factor invoices? Well, our
factoring process is faster & easier than what
you see with other business funding methods:
1) Complete our application, which can be found here:
http://www.factorfinders.com/request-a-factoring-quote
2) Submit a customer list
3) Submit an accounts receivable aging report
4) Submit your Articles of Incorporation
5) And lastly, submit your invoices
9. GET CASH NOW!!!
Contact us today to begin at 1-855-FACTOR-1
or request a quote at our site at
http://www.factorfinders.com/request-a-factoring-q
Follow us at:
Twitter: https://twitter.com/factorfinders
Facebook: https://
www.facebook.com/FactorFinders
Youtube: http://
www.youtube.com/FactorFinders
10. GET CASH NOW!!!
Contact us today to begin at 1-855-FACTOR-1
or request a quote at our site at
http://www.factorfinders.com/request-a-factoring-q
Follow us at:
Twitter: https://twitter.com/factorfinders
Facebook: https://
www.facebook.com/FactorFinders
Youtube: http://
www.youtube.com/FactorFinders