Account Receivable Factoring
Links


Why Account Receivable Factoring is Necessary

 Your Account Receivable Factoring
Company Benefits


Comparison of
Account Receivable Factoring to
Traditional Funding

How Account Receivable Factoring works

Invoice Factoring History

Is Account Receivable Factoring
For You

On-Line Factoring Request Form

 


OCF Account Receivable Factoring
 
- Providing account receivable factoring services    nationwide
 - Over 70 years of factoring company experience

 - Up to 97% Advance Rates

What Sets Us Apart 
Our account receivable factoring program includes
the following features  

• Same Day funding on approved invoices
• We do not require a long term contract.
• 97% advance rates; tops in the industry
• Credit analysis on new and existing customers
• Continuous collection management and
   follow up on factored invoices
• Invoice and statement mailing (postage included)
• Account status inquiries anytime;
  24/7 online account access.


Our flexibility allows you to maintain control:

• You select accounts you prefer to factor
   on an invoice by invoice basis.
• You control total factoring costs by only
,  factoring on an "as needed" basis.


Up to 97% Advance Rates:

Advance rates are based on overall risk
associated with a particular industry as
well as experience and track record.
We hold reserve accounts to accommodate
industries which typically experience dilution
and that we would otherwise not be able
to service. Advance rates range from
80% to 97% of the gross invoice amount.


Account Receivable Factoring Fee Structures:

Fees are determined based on your industry,
the credit worthiness of your customers,
how quickly your invoices turn, and
monthly account receivable factoring volume.


OCF provides individualized customer service,
by tailoring our flexible invoice factoring
programs to fit the individual
needs of each of our clients. We strive to
be responsive, handling receivables
with speed, efficiency, and a personal touch.

As a client you are assigned one account
administrator who will personally handle
all of your account activity and inquiries.
This gives us the ability to buy your r
eceivables and get the money to
you within 12 to 24 hours.

Having one person look after your receivable factoring
account also makes it easy for you to decide
which invoices you are going to sell and
when you want to sell those invoices.

Our funding is primarily done by
direct deposit or wire.

OCF has more than 70 years of successful
cash flow and credit management experience,
experience we would love to put to work for you.


To talk with a member of our sales team,
please contact one of our regional offices at:

Toll Free:  888-266-0197

Fax #:  425-702-1874


On-Line Factoring
Request Form


andrea@ocf.com





 Why Account Receivable Factoring is Necessary

"A sale is not a sale until you collect the money"

Are you a part -time banker for your customers?Take a look at
your accounts receivable aging schedule and count the number
of accounts over 30 days.Congratulations, you are extending
credit to those customers. You are not getting paid for delivering
your end of the deal in a timely manner and as a result
you are providing the use of your money to your customer for free.

Not exactly the business you thought you were getting into, is it?
Ask yourself this question: If those customers of yours went
to a bank, borrowed the same amount of time,
would they expect to pay a substantial
amount of interest for the privilege?
Of course they would!...........
To continue please click here.




 
What is Account Receivable Factoring?
Cash flow is one of the main reasons businesses fail. At one time or another, every business, even successful ones, have experienced poor cash flow. Cash flow does not have to be a problem any more. Do not be fooled -- banks are
not the only places you can get funding. Other solutions are available and you do not have to borrow.
One solution is called invoice factoring.
Account Receivable Factoring is
the process of selling
invoices to an
investor rather than waiting to collect the
money from the customer.

Oh, the Irony…
Account Receivable Factoring has an ironic distinction: It is the
financial backbone of many of America's most successful businesses.
Why is this ironic? Because
acount receivable factoring is not taught in business colleges, is seldom mentioned in business financing plans and is relatively
unknown to the majority of American business people. Yet it is a financing process that frees up billions of dollars every year,enabling thousands of businesses to grow and prosper.

Invoice Factoring has been around for
thousands of years. Factors are investors who pay
cash for the right to receive the future payments on your invoices.
An unpaid receivable or invoice has value. It is a debt your customer has agreed to pay in the near future

Is Account Receivable  Factoring Company For You?
The key to knowing if factoring is for you is to not to look only at the bottom-line invoice factoring fee, but also to consider how your company may increase
its profits through factoring.


Account Receivable Factoring Benefits
Receive money in as few
days as two to four days.

Maintain complete control
of your business.

Remove or lessen the business costs
associated
with the collection process.

Gain a greater control over your cash flow by
deciding exactly how many invoices to sell and when.

Stop wasting time thinking about cash flow issues
and start spending more time on your business.

You are not burdened with having to make
monthly payments to repay a loan...................
For more benefits please click here


How Acount Receivable Factoring Works

The First Step:
The Client profile


Y
ou begin by filling out a simple client profile, which we will provide you. Please click here for profile. This profile
will cover basics such as your company's name and
address, the nature of your business, and information
about your customers.

You may need to supply an accounts receivable aging report, existing customers' credot limits, or other related documents. Remember the factor will attempt to determine the creditworthiness of your customers independent of their credit history with your business. We want a broader view of their
overall credit status.
Click here to continue


Is Acount Receivable Factoring For You?

The key to knowing if factoring is for you is to not
to look only at the bottom-line factoring fee, but also to
consider how your company may increase it's profits through factoring.

Here is additional information on factoring
to help you with your decision.

How are fees and advance rates determined?
It is based on several factors:
The creditworthiness of your clients
Your monthly billing volume
Average invoice size
Average days to payment
Fees can range from 2-5 % of the invoice's face value.
For example if the invoice's value is $1,000; a fee of 3% equals $30.

What is an advance?
The amount of money you receive immediately when we........

Click here to continue


Our
Account Receivable 
Factoring Programs Can Help You
DOUBLE
YOUR
SALES

 

Contact a member of
our sales team at:

Toll Free:  888-266-0197

On-Line Factoring
Request Form


Email Us

Hear What
Our Customers
Say About Us