8 GREAT REASONS TO SELL ACCOUNTS RECEIVABLE

8 Great Reasons to Sell Your Accounts Receivable 2$ 1 Get Cash Quickly and Conveniently The factoring company pays upfront for the accounts receivable purchased. This results in immediate cash flow. TIME FRAME Bank Loan Invoice Factoring 1-2 3-5 Months Days 2 Your Business Will Not Incur Debt One of the biggest monetary worries of Americans - Falling into Serious Debt Many of these are small business owners or entrepreneurs. With invoice factoring, your business will not incur debt that must be repaid as is the case with a bank loan. Selling your accounts receivable means DEBT FIGURES don't stare back at you from the balance sheet, even if you are cash crunched! Allows Your Business to Grow Faster Cash is King One of the main reasons for small business failure Insufficient Capital It is important for a business to have sufficient funds to satisfy upcoming operational expenses. %24 Selling accounts receivable will not tie up your working capital You can grab all the opportunities coming your way! Time Saved from Chasing Late Payments Don't chase unpaid invoices. Save valuable time!!! Collecting receivables is time-consuming - You need to send email reminders and make tons of phone calls to collect money due to you. But selling receivables to a third-party eliminates the need for in-house personnel to chase payments. The time saved can be better invested elsewhere. Saves Money Businesses are required to place a person in charge of accounts receivable. When you sell your invoices to an invoice factoring company, you don't need dedicated in-house personnel to manage accounts receivable. This job is done by the FACTORING COMPANY. This reduces your overhead! 6. Pay Bills on Time With adequate cash reserves, you can pay bills of all your vendors and creditors on time. $4 Your market reputation goes up. 7 Bad Debt Protection INVOICES INVOICES INVOICES 26% 70% 90% 3 MONTHS 6 MONTHS 12 MONTHS old are old are old are Uncollectable! Uncollectable! Uncollectable! The impact of bad debts on your bottom line can be MASSIVE. Selling your receivables will save you from the risk of customers not paying their debt. Factoring company inherits the risk, once accounts receivable are purchased by them. It's not your headache anymore!! 8. Maintain Customer Relationships Collection is outsourced, allowing you to maintain strong relationships with your customers. HAPPY CUSTOMERS PROFÍTABLE BUSINESS!! CONCLUSION 55 There is absolutely no doubt selling your accounts receivable is a great idea and an alternative finance option you must consider. It will provide you with the cash needed to grow your business and improve profitability. СВЛС SOURCES INVOICE FINANCE EXCHANGE https://cbacfunding.com // http://bit.ly/19qHOcf American Express // http://amex.co/1MEZVRY // http://bit.ly/1Frh9bi Sutherland Inc