9 Reasons To Use Receivables Factoring
9 REASONS TO USE RECEIVABLES FACTORING IMMEDIATE ACCESS TO FUNDS You receive funds within 24-72 hours of application. ELIMINATE DEBT Low fees Unlike a conventional bank loan, receivable factoring is not a debt. You neither make any payments Factoring fees is as low as 1-3%. nor do you create debt. FOCUS ON YOUR BUSINESS Easy access to working capital frees up your resources giving you greater peace of mind. You can focus on more productive activities rather than spending time and energy on collecting payment. $100 FLEXIBILITY $100 You have the freedom of financing as much or as little as you want. $100 No long term contracts. 6 REDUCED ADMINISTRATION COSTS Costs associated with collecting payments is reduced. 7 REDUCES BAD DEBT Factoring companies check the payment history of your clients before you formally sign them up. This significantly reduces the prospect of bad debt. 8 BETTER CUSTOMER RELATIONS Your client can enjoy credit limit and special credit terms while you have enough operational funds. FIRM FINANCIALS NOT NEEDED Your credit history does not affect your ability to take loans if you have customers with good credit history. Presented By FACTORING FAST Prepared By Media Mosaic Differentiate yourself.. www.media-mosaic.com
9 Reasons To Use Receivables Factoring
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