Only Factoring Company Offering 97% Advance Rates

Whether you are a machinist operating out of a garage or a
staffing company placing hundreds of workers in the largest  firms,
you undoubtedly face cash flow dilemmas from time to time.  
The uncomfortable ritual of making incoming cash receipts
stretch to cover short term obligations frustrates even the
most seasoned business managers.

In recent years, an increasing number of companies 
have discovered that factoring account receivables can combat the ups
and downs of unpredictable cash flow cycles.  More importantly,
factors are providing the small business community with a viable
source of working capital when conventional financing is not always an option.

Currently, several billion dollars in account receivables are
factored in the United States each year.

Historically, the bulk of factoring was predominately in the textile,
furniture and apparel industries.  Today, factoring account receivables
firms are working with all types of industries, including: manufacturers,
service providers, transportation companies and high technology firms. 
Locally, as growing Puget Sound firms continue to prosper,
suppliers and contractors are looking for additional sources of working capital
to accommodate increased sales volume. 

The overall increase in factoring account receivables volume
is mainly attributed to the credit crunch in the late 80s. 
As the availability of bank commercial credit tightens, more businesses
look towards alternative sources of financing to achieve growth. 

Factors can help those firms that banks often find difficult
to approve such as start-up companies whose growth outstrips cash. 
The primary focus in a factoring relationship is the credit-worthiness
of the customers being invoiced and the client’s ability to produce
a quality product or service.   Simply put, if the business has an
acceptable product or service that it provides to a creditworthy
customer then the business is a candidate for factoring account receivables.