ACCOUNTS RECEIVABLE FACTORING
Accounts Receivable Factoring can help if you are having a hard time figuring out why you are having cash flow problems? Business is good, you have many businesses ordering product from you and your accounts receivables are looking great! Just why then are you having trouble meeting payroll, buying raw materials, etc.?
Your cash flow problems may be solved through Accounts Receivable Factoring. If you are offering terms of 30, 60 or 90 days for your clients to pay you for services already rendered, or products delivered, factoring could be your solution.
There are Factoring companies available that will "buy" your Accounts Receivables from you paying you immediately, then they will collect from your client.
If you feel Accounts Receivable Factoring would help free up funds for your business.
Please click here for more info.
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posted by beeker1 @ 1:45 PM
2 Comments:
it's important to keep in mind that sometimes the companies that do receivables factoring will not buy your accounts, or will charge you more overhead for them, if your contract terms with your debtors are over 30 days. sometimes this isn't the case; but more often than not it is.
The factoring company looks after the tedious administrative job of managing your invoices and chasing receivables. That can be a lifesaver for smaller owner-operator truckers who spend a lot of time on the road and struggle with keeping up with unpaid invoices.
Source: http://www.accutraccapital.ca/
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