The Growing Factoring Factor

What would you say if I told you I could help you or that
other frustrated business owner get that cash to keep that
cash flowing in your business -- keep your business up and
going and running smoothly so that you can do what you do
best -- run your business?

Okay.... got your attention?

Well, let me introduce you to a fast-growing source of cash
for growth-oriented and cash-hungry small businesses --
factoring of accounts receivable.

"So, what exactly IS factoring of accounts receivable?" you
ask.

Factoring is the conversion of a company's commercial
accounts receivable into immediate cash by selling those
accounts at a discount. With factoring you can get 70 to
80% of an invoice's face value wire transferred into your
account within 24 to 48 hours of the invoice being issued
and approved.

Better yet - factoring is not a loan! With factoring there
is no interest to pay, nor principal to repay. No liability
will appear on a company's balance sheet due to its
factoring. A company simply sells one of its assets
(accounts receivable) for an agreed-upon "fee" to obtain a
more liquid asset (cash) thus self-financing it's own
growth with debt-free funding. It's equivalent to when you
sell your vehicle (an asset) to someone -- the two of you
agree upon a price and the transaction is done!

Since factoring is not a "loan," funding is not based on a
company's ability to repay the amount advanced. Rather,
funding is based on the ability of the company's customers
to pay what is owed the company for the purchase of the
company's goods or services.

Unlike traditional funding sources, which require all the
assets a business has available for collateral on a credit
line, factoring is, in essence, a Receivables-Based Credit
Line, which needs no other collateral. It is available to
be drawn on when and as needed. In fact, a business can
conceivably have a credit line with its bank with its other
assets as collateral and a second credit line with a
factoring company with the receivables ONLY as collateral!
Interesting...?

With factoring, you can have cash on demand to meet
seasonal demands, accommodate new and larger clients who
may demand longer terms or use up any excess working
capital you have on hand. Factoring, in essence, gives
you the option of offering terms to your customers thereby
helping you to increase your customer base.

Prior to the 1980's, factoring was used primarily in the
garment, textile and furniture industries and was only
otherwise available to "big business". At that time (as
with many things), the terms and prices were much different
than what they are today.

Due to the increased competition and visibility of this
very viable financial tool, however, these have changed for
the better. The terms and prices we see today make
factoring a quick and viable alternative funding tool for
small businesses nationwide so that they, too, can take
advantage of this proven, debt-free and flexible method to
effectively multiply working capital.

SOME HIGHLIGHTS/ADVANTAGES TO FACTORING:

1. No financials required -- MUCH less paperwork than
traditional sources (oftentimes this can be done by fax or
email and no personal "appearance" is required by the
business owner)

2. Quick account setup - usually 5 business days (sometimes
faster)

3. Usually can have 70 to 80% of invoice amount wire
transferred to your account within 48 hours after approved.

4. No long-term contracts, you factor as much or little as
needed.

Why don't YOU make this a year of growth and increased
profits by using this financial tool to enhance your
business!

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Debra assists businesses with cash flow and working capital
needs through non-traditional alternative funding tools,
which help a business to leverage its liquid assets. This
enables them to self-finance their growth and working
capital needs. http://www.yourcashflowconnections.com