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Factoring/Accounts Receivable Financing
A process in which a
financial institution purchases a companies accounts
receivable/invoices and collects payments from their customer. This
enables businesses to collect the money they are owed immediately by
accepting a small discounted amount of the invoice from the third
party.
Unlike conventional
loans, this service does not create debt to your company. Your
company is able to use the funds at your discretion. There are no
monetary limits in obtaining the cash flow you need to successfully
run your business.
*Does your
organization need money for payroll, fulfillment of purchase orders,
expenses or overall growth?
*Are banking
institutions turning down your requests for a loan?
*Would you like to
limit the costs and time associated with a traditional loan
processes?
How it works:
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The funding source
advances a certain percentage (typically 70-90%) of the invoice
amount to the business
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The funding source
holds a percentage of the invoice amount on paper as a reserve.
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The funding source
assumes the right to receive payment on the invoice.
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The business’s
customer submits payment to the funding source.
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The funding source
rebates the business the reserve amount less the fee.
Why Factoring:
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It is based on your
customers credit worthiness not your companies financial history
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Gives your
business the ability to grow without incurring additional debt or
having to dilute your equity.
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Obtain cash
quickly.
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No long drawn out
bank loan application.
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Secures capital to
full new orders.
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Helps establish
new markets.
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Generates
additional sales
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No Interest
payments
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Access to cash in
24 hours
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No need for
verification of collateral or assets
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Unlike traditional
loans it provides unrestricted use of funds.
Our services are
flexible and provide quick results. Call today for a free
consultation or click here to fill out an
evaluation form. No obligations!
1-866-366-FUND
info@financebridge.com
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