Asset Based Factoring

Asset Based Factoring Company That Continues To Amaze

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 



 

 

 

Asset Based Factoring:
Do not let the idea of a loan make you pause. If a business is in financial trouble, there is often little choice. Asset based factoring allows a business to receive a greater amount of money, helping it stay afloat as invoices come in, and usually allow for easy payment plans. asset Based factoring can be the best way to keep a business in solid financial state.

Invoice factoring companies can provide immediate, short-term funds for companies that are unable to obtain a traditional bank loan. Financing from traditional banks generally requires commercial borrowers to have two years in business and showing a profit. Banks tend to favor loans secured by tangible assets like machinery, inventory, equipment and real estate.

 

In simple terms, here’s how asset based factoring works: Factoring companies purchase your accounts receivable or freight bills at a discounted rate and issue you a lump sum payment. Essentially, your company sells its accounts receivable or invoices at a lower value for quick cash, instead of waiting the usual 30 to 45 days for the invoices to be paid.

After you deliver your product/service and generate an approved invoice, asset based factoring companies can provide your money in as little as 24 hrs. In essence, working with an asset based factoring company can help speed up your cash flow.

Asset Based Factoring companies range from small financial service businesses to large banks. Each company has its own approach to operating. For example, many asset based factoring companies specialize in specific industries or regions. Some may require a certain minimum per invoice or total invoice amount before they’ll conduct business with you.

invoice factoring company
and account receivable factoring
and accounts receivable financing

Regardless of the industry or value of invoices involved, all  asset based factoring companies work as middlemen. And they have two basic requirements for qualifying for their alternative form of financing.

 

Why Businesses Choose Us
Again and Again
for their Asset Based Factoring

circle03_skyblue.gif Same Day Funding

circle03_skyblue.gif Advance Rates that Exceed
   Industry Norms by 20%
   We offer cash advance rates up to 97%
   The typical maximum in the account receivable factoring    industry is 80%.
   We can offer you higher advances because
   of our unique financing capabilities

circle03_skyblue.gif 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.

circle03_skyblue.gif 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

circle03_skyblue.gif Experienced Account Managers
   We are seasoned professionals with
   an average of 11years industry experience per    account executive.   
   (Well above the receivable factoring industry
   norm of 2 years)

circle03_skyblue.gif 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

circle03_skyblue.gif Please contact us today
   and our seasoned account receivable  factoring
   specialists will help you
   get the cash you need TODAY

1-800-986-1854

Email Us
or complete the
On-Line Invoice Factoring Request Form