1. Offer credit terms to your customers
Factoring allows your business to be more competitive by offering extended credit terms. Your customers can pay your invoice with net terms.
2. Unlimited Capital
Factoring allows you to meet increasing demands for your services, therefore as your sales increase, more money becomes immediately available.
3. No debt incurred
Factoring is not a loan, you do not increase your debt and your balance sheet looks attractive.
4. Leverage from your customers credit
Unlike banks and other loan companies, your personal credit score is not used for approval. We look to the creditworthiness of your customer first.
5. Establish good credit for your company
Factoring makes money immediately available. Paying your company’s bills in a timely manner is the result of improved cash flow.
6. Invoice Processing
The factoring company mails out your invoices, posts your payments and mails statements for you.
7. Professional collection service
Factors can handle collections for you if you choose. The decision is always left up to you, the customer.
8. Easy qualification
The approval process is quick and easy. Usually approved in 5-7 business days, whereas banks can take up to three months.
9. Lower your risk for loss
The factoring company provides credit checks on existing and new customers, which can help you make the right decisions.
10. Factoring is a stepping stone for your company
If you want to grow your business without incurring additional debt, Factor Your Receivables!
Call 361-444-5654
Or let us know how to best contact you.
