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Commercial account receivable factoring - Keep your capital working by turning your accounts receivable into immediate cash.

How? Third-party companies often referred to as "factors" will outright purchase your accounts receivable (invoices) in generally two phases.

Phase One: Immediate cash for as much as 90% of the invoice's total value.
Phase Two: Upon full payment of the order(s) by your customer to the factor company, you will be remitted the balance less a small factoring fee.

So the remaining questions are simple:

Why give up any ownership of your company to obtain working capital?

Why borrow money long term when you can factor your invoices for immediate cash?

Why wouldn't you desire to: Expand into new markets; Work with larger customers; Receive professional assistance with evaluating new customer's ability to pay?

 

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