Accounts Receivables Financing, also known as Factoring, Accounts Receivables Finance or Factoring Accounts Receivables is an established and Accepted Method of Resolving a Cash Flow Shortage. The fact is, in Business Today, Factoring or Accounts Receivables Financing is not at all uncommon and is in use much more than most people realize. Factoring or Accounts Receivables Finance in the U.S. today is a $100 billion dollar per year Industry in the U.S. alone, That does not count International Factoring. Your Accounts Receivables are an Asset in Your Business. Why should You not take advantage of all that Available cash to Solve your Cash Flow Shortage Today?
Exactly what is Factoring and a Factor ? A factor is an entidy that advances from 70-95 percent of the face value of your invoices at a Discount. The remainder is left in reserve untill the invoice is paid in Full. The Factor Discount will vary anywhere from 1 1/2 to 4 percent of the face amount of that Invoice per 30 days. The discount will be based on the volume and quality of the generated invoices. The factor fees will be taken from the reserve and the balance will be sent to you. The debtors, also known as Account debtors are not aware of the situation as their payments will be sent to a P.O. box to a lockbox at the financial institution of the Factor.
There are advantages to factoring, however it is not for every situation. Factoring is based on the creditability of the account debtor, not your creditability. Therefore, Factoring Accounts Receivables may be used in an array of instances to relieve a cash flow shortage in any Business.
At Robert J. Taylor & Associates, we make the Transition of Accounts Receivables Finance as Painless as Possible. We begin by Having you fill out a Client worksheet listing your Accounts Receivables. Having numerous Factors through out the U.S. we are Associated with, your funding can begin in as little as 7 days. In many instances there are no up front fees, they are deducted from the first funding.
In reality, you have nothing to lose and Everything to Gain by Just asking. If you don't ask, it's a Definite No.
Contact Us Today and you might just have your Cash Flow Problem Solved in as Fast as 7 days.
