Factoring is the
time honored and increasingly utilized financial
tool that speeds client cash flow and helps avoid the
problems that slow-paying customers can create for
fast-growing companies. Factoring provides quick and
convenient funding to growing companies who need
capital to expand their business. To do this, factors
purchase your credit-worthy accounts receivable at a
small discount and fund you with immediate cash.
Factoring is not a
loan. There is no debt repayment, no compromise to
your balance sheet, no long-term agreements or delays
associated with other methods of raising capital.
Factoring allows you to use your own hard earned
assets to create cash for the growth needs of your
company today.
What is factoring?
Buying invoices from a business at a discount.