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Why 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!
And consider this: Not only are
you receiving no interest on that money,
but most importantly,you are also losing the
use of that money while you
are waiting for your customer to pay you.
What is the cost of not having this
money available? In essence, your customers
are asking you to finance their business by
extending terms and allowing them
to pay in 30 days (and usually longer, right?).
But what is it costing you in "missed opportunities"
when your money is tied up in
your accounts receivable?
To talk with a member of our sales team,
please contact one of our regional offices at:
Toll Free: 888-266-0197
On-Line Factoring
Request Form
Email Us
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Our 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
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