A Breakthrough Account Receivables Factoring Company
Offering Factoring Programs
Tailored
to Make You More Money
We Can Offer You
What Others Can't
Unlike other account receivables factoring
companies,
our program includes the following features at no additional
charge:
• 12-24 hour funding on approved
invoices
• Highest advance rates in the industry
• Credit analysis on new
and existing customers
• Continuous collection management and follow up on
factored invoices
• Invoice and statement mailing (postage included)
•
Account status inquiries anytime;
24/7 online account
access.
• We
allow you to electronically submit Invoices
• Free credit checking on new
customers at no additional cost
Also
• Personalized Service
- you have one dedicated person and his or her assistant who handle your
account.
You don't have to start over each time you call
with a new
person
• We are seasoned professionals with an average of 11 years industry
experience per account executive
(Well above the factoring industry
norm)
Our flexibility allows you to maintain control:
• You select accounts you prefer to
factor on an invoice by invoice basis.
• You control total factoring costs
by only factoring on an "as needed" basis.
Up to 97% Account Receivables Factoring Advance Rates:
Advance rates are based on overall risk
associated with a particular industry as well as experience and track record. We
hold reserve accounts to accommodate industries which typically experience
dilution and that we would otherwise not be able to service. Advance rates range
from 80% to 97% of the gross invoice amount.
Fee
Structures:
Fees are determined based on your
industry, the credit worthiness of your customers, how quickly your invoices
turn, and monthly factoring volume.
GET YOUR CASH TODAY
Call our factoring
specialists at
1-866-593-2195
admin@factormoney.com
On-Line
Factoring Request Form
More About Account Receivable Factoring
Account Receivables Factoring companies can provide you with financing, based on your slow paying
invoices. They eliminate the 60 day payment waiting period and provide you with
the necessary liquidity to meet payroll, pay rent and meet business obligations.
Here is how Account Receivables factoring works in a nutshell:invoice factoring
and account receivable factoring services
1. You invoice your customers and send a copy of the invoice to the Account Receivables factoring company
The money obtained by the Account Receivables factoring process can be used for investing, meeting overhead costs, or for any other reason. The factoring company usually takes one percent of the money as commission. Account Receivables Factoring is a better option in times of financial crises because Account Receivables factoring companies are quick and reliable, whereas the client may not be able to pay the amount due at the expected time.
The Account Receivables factoring company takes the responsibility of collecting the money due. When the money is received, the Account Receivables factoring company is expected to pay additional fees. The Account Receivables factoring company may allow some small discount on the outstanding debt, to the indebted company. It may offer some other plans encourage speedy debt disposal.
Account Receivables factoring companies can be chosen depending on their reputation. It is also good to compare their rates, as some companies will expect more than others, in terms of fees.
Account Receivables factoring is simple and alleviates the liable party of the debt for less than the full amount. According to several financial experts, these Account Receivables factoring invoices are more beneficial to the factor, or new owner, and the seller of the account than to the debtor. In invoice factoring, the seller receives working capital, while the buyer is able to make a profit by buying the account for considerably less than what it is worth and then collecting on it. It is consequently most profitable to find the best Account Receivables factoring company.
As opposed to other financing products, account receivables factoring is easy
to obtain and can be setup in a week or so. A critical benefit of account receivables factoring
is that the financing companies make their credit decision based on your
clients. So, account receivables factoring is an ideal tool for small and medium
sized businesses who cannot obtain bank financing but have a roster of solid
customers.