Basic forms are all that’s needed to be filled out. No need to repeat this process monthly or each time.
No Need For Bank Funding Requests: Your leverage is based on your business output.
Risks: No dealing with lenders or borrowing.
Customer Payment Tracking: This is a Cash Flow Funding Service that is provided for free to the client by the factor detailing all the payment history that the customer provides. (The factor gets payment and relays them to client).
Continuous Growth: Business continues on growing, rather than dealing with the headaches of collections.
Stop Bad Debt: Non recourse factors (the purchaser) will assume collections & all management, eliminating and removing risk.
Collections: The factor will handle the paper work on monthly collections and will provide a detailed report on customer payment history. (This service alone is worth the small factor’s fee). Continuous Draw: Factoring allows constant cash flow that provide ever increasing sales.
Discounts: Volume discounts can now be taken advantage of when the opportunity arises to do so.
Offer Credit Terms to Customers: With factoring, you can offer credit or extended credit terms to your customers without negatively impacting your cash flow. You can expand your business by making it easier for your customers to buy from you.
We directly broker cash payments for structured settlements; cash out for your settlements. Cash out for pre-settlement legal funding. Cash payments to you .No qualifying. We also do inventory liquidation.