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Imagine flexbility that no one else offers. Unlike the others, you choose what works best for you; you sign no long-term contracts; you pay no fees when your account is inactive. You set up your contract to meet your cash flow needs, not ours. You can choose between using our most advanced technology or using the old-fashioned systems - we maintain both for you. Unlike the others, our objective is not to force you to conform to us, but to get you the cash you need in the quickest and most efficient manner. We offer cash advance rates of up to 97%
-- exceeding industry norms by 20%. The typical maximum in the factoring
industry is 70-80%. We can offer these great rates because of our unique and
flexible combination of bank and private financing. Factoring with us includes complete credit management services. We fully research new clients and, equally important, routinely check the credit ratings of your existing customers. As a part of the process you will also receive accounting, transactional details, aging reports and financial management reports which can be incorporated into your own sales tracking, account history and in-depth analysis. Our experienced account
managers are seasoned professionals, each with an average of 11 years in the
industry (well above the industry norm of 2 years). And unlike the others, you
have one dedicated person and his or her assistant who handle your account. You
donąt have to start over with a new person each time you call. Our personalized
service sets us apart from other factoring companies -- we always go the extra
mile to make sure your financial needs are met. |
More Invoice Factoring Information Whether you are a machinist operating out of a garage or astaffing company placing hundreds of workers in the largest Northwest firms, you undoubtedly face cash flow dilemmas from time to time. The uncomfortable ritual of making incoming cash receipts stretch to cover short term obligations frustrates even the most seasoned business managers. In recent years, an increasing number of businesses have
discovered that factoring accounts receivable can combat the ups and downs of
unpredictable cash flow cycles. More
importantly, factors are providing the small business community with a viable
source of working capital when conventional financing is not always an option. The overall increase in factoring volume is mainly
attributed to the credit crunch in the late 80s. As the availability of bank commercial credit
tightens, more businesses look towards alternative sources of financing to
achieve growth. Factors can help those firms that banks often find difficult
to approve such as start-up companies whose growth outstrips cash. The primary focus in a factoring relationship
is the credit-worthiness of the customers being invoiced and the client’s
ability to produce a quality product or service. Simply put, if the business has an
acceptable product or service that it provides to a creditworthy customer then
the business is a candidate for factoring. invoice factoring company |