If you have been turned down by your bank for a new loan or line of credit or you have been told no when requesting an increase on your line of credit...All hope is not lost.
If you are providing a product or service to other businesses with terms, your solution may be in your hands.
Look at your accounts receivable aging report, take the total current to 30 day amount and you can safely expect 80% of those funds now.
This is what factoring can do for your cash flow.
The factoring company will wait on your customer to pay the invoice. Once the invoice is paid, the factoring company will then pay you the remaining 20% minus fees.
Factoring is a powerful form of commercial finance that creates instant cash flow your company can use to meet the demands you are facing.
Want a free factoring quote Click this Link
Want to speak to me personally 888-603-0055
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