Factoring Finance - How Online Financing Can Help Your Cash Flow?
Today I was reading an article about how 90% of the US economic output is created by the service industry. I haven't seen the data to support this, but my guess is that small business in the United States is even more than 90% service oriented.
If you own a service company then chances are your biggest expense is payroll. Like most small owners I am sure payroll expense is a big part of all the strategic decisions you make for your business.
- If I take that new job how will I be able to pay my people?
- My largest, most profitable customer wants me to give them 60 days to pay their bills....how will I be able to pay my people?
If you are reading this blog you have probably heard of factoring finance or factoring. You may have heard of factoring but aren't sure if it is a financing tool that can help your business.
Factoring allows companies to finance their business to business invoices.
If you are a company that does business with other business on 15, 30, 60 or 90 day terms we may be able to help.
Once you become a client and are ready to bill your customers all you have to do is log into your account, online with us and transfer your invoices using our system. Once your invoices are transferred we send you an advance against those invoices.
No more waiting weeks or months to be paid.
Our contracts are all short term. It costs nothing to apply, and we can have you ready for financing in a few days.
To learn more about our online factoring finance product click the link below or give us a call. 888.833.2286.
Don't worry about payroll anymore.
