Why Businesses Choose Us
Again and Again
Same Day Funding
Advance Rates that Exceed
Industry Norms by 20%
We offer cash advance rates up to 97%
The typical maximum in the industry is 80%.
We can offer you higher advances because
of our unique financing capabilities
Flexible Contracts-
We provide you with contracts
that meet your cash flow needs,not ours.
Unlike the others, we do not make
you sign long-term contracts and we don't
charge you fees when you are inactive.
Invoice Processing
Not only can we offer you the most
advanced technolgy but we also maintain
the old-fashioned systems because
every client has different needs.
Unlike the Others, our objective here
is not to force you to conform to us,
but to get you the cash you need
in the quickest and most
efficient manner.
Credit Management Services at No Extra Cost
We provide credit analysis on both
new and existing accounts.
We actually pull credit reports
from various reporting services that
we contract with and report back
to you as to whether or not
they are creditworthy
Experienced Account Managers
We are seasoned professionals with
an average of 11years industry experience per account executive.
(Well above the factoring industry
norm of 2 years)
Personalized Service
You have one dedicated person and his
or her assistant who handle your account.
Unlike the others, with us you don't
have to start over each time you call
with a new person Please
contact us today
and our seasoned factoring
specialist will help you
get the cash you need TODAY
1-800-986-1854
Email Us
or complete the
On-Line Factoring Request Form
Accounts Receivable Factoring Links
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Accounts Receivable Factoring Process
Accounts Receivable Factoring Examples
Trucking Factoring Home Page
Account factoring receivables Is the purchse of your receivables. Account Receivables
is one of a series of accounting transactions dealing with the billing of customers who owe money
to a
person, company or organization for goods and services that have been provided to the customer.
In most business entities
this is typically done by generating an account receivables and
mailing or electronically delivering it to
the customer which is to be paid
within an established timeframe called credit
or payment terms
Outstanding advances are part of account factoring receivables : If a company gets
an
order from its customers with advance agreed in payment terms. Since no
billing is being done to
claim the advances several times this area of
collectible is not reflected in Account factoring Receivables.
Ideally, since advance
payment is mutually agreed term, it is the responsibility of the accounts
department to take out periodically the statement showing advance collectible
and should be
provided to sales & marketing for collection of advances.
.Since not all customer debts will be collected, businesses typically record an
allowance for bad debts
which is subtracted from total account factoring receivables. When
account receivables are not paid,
some companies turn them over to third party
collection
agencies or collection attorneys who will
attempt to
recover the debt via negotiating payment plans, settlement offers or legal
action.
Invoice factoring receivables is the traditional method of factoring and puts the
risk
of non-payment, in the event the debtor becomes insolvent, fully on the
factor. If the debtor cannot pay
the invoice due to insolvency, it is the
factor's problem to deal with and the account factor receivables
cannot seek payment from the
seller. The account receivable factoring will only purchase solid credit worthy invoices
and often
turns away average credit quality customers. The cost is typically higher with
this
account factoring receivables process as the factor assumes a greater risk.