This is a question that many of you that are considering factoring are concerned about. To be blunt about it, who cares!
Let me explain this attitude. I do not expect anyone to not care about their customers or not be concerned you might have one leave and go to your competitor, this is a legitimate question.
My point is however that every business must have working capital.
Do not think that Factoring is anything to be ashamed of, if that were the case every company on the planet that has to use any type of finance should be ashamed. The fact of the matter is that cash flow is the life blood of business. We all need cash flow!
What most people do not realize is that factoring dates back thousands of years. The first widespread, documented use of factoring occurred in the American colonies before the revolution. During this time, cotton, furs and timber were shipped from the colonies. Merchant bankers in London and other parts of Europe advanced funds to the colonists for these raw materials, before they reached the continent. This enabled the colonists to continue to harvest their new land, free from the burden of waiting to be paid by their European customers.
The more you check out factoring, you will find that this powerful form of commercial finance is the key to the success and survival of many industries.
Also be aware that this is your money, you have provided your products or services to your customers so why be ashamed to want it now rather than later. You are being the bank when you are owed money.
Want a free Factoring quote, then go to our site at http://www.divfunding.com and fill out our short form.
Want to speak to me personally, then call 888-603-0055.
Thank for reading!
1 comment:
Great info!
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