Accelerate Your Cash-Flow!
When your company has most of its cash tied into accounts receivable, managing your accounts payable can be a juggling act. Your situation can worsen with an upturn in sales as even more cash is allocated to accounts receivable, which means payables to suppliers and payroll are stretched out more. Invoice factoring provides predictable and dependable cash-flow to help you control your payroll, vendor and growth needs.
Invoice factoring allows your company to receive up to 90% of its receivables at the time of billing, freeing up cash needed to pay suppliers, make payroll and cover orders without waiting 30, 60 or more days for payment from customers.
If you qualify for invoice factoring, you can take advantage of trade discounts by having immediate cash to pay suppliers early or Cash On Delivery (COD).
As your company's sales increases and with the immediate conversion of those sales to accessible cash, you will be able to develop good payment practices and improve your credit rating. Thereby, you will be giving suppliers incentive to provide better terms and increased credit limits. As a result of employing invoice factoring, your company will have the ability to grow to its true potential.
Invoice factoring also allows your company to take on larger orders than you normally would without having such funding in place. And as your sales volume increases by using invoice factoring, you can be confident that your cash-flow will remain constant.
With invoice factoring, you will say goodbye to the days of juggling receivables and payables. Instead, you will concentrate on what is really important - increased profits.
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