Is
based only on the accounts receivable. A clients ability to raise cash by Receivables Funding is based on the total accounts
receivable, rather than on traditional measures of financial strength and stability.
Provides continuing
cash flow without the requirement of periodic payments or interim payoffs. New sales continuously create new power to
obtain cash, and the business does not have to deal with renewal of loans or worry about maturity dates.
Gives a business
increased access to cash as sales and receivables increase. There is no ceiling beyond which the factor must stop providing
cash. The more sales a business makes, the more cash it can draw. The factor does not concentrate on the business debt/equity
ratio to provide funds, as banks do.
Offers a dependable,
continuing source of cash without the necessity of making separate loan applications.
Avoids the necessity
of obtaining funds from venture capitalists, who receive an interest in the business and generally have a say in how the business
is run.
Saves the business
owner precious time waiting for a loan board to grant or deny his or her loan. Loan boards decisions are influenced by many
considerations, and the outcome is often unpredictable. With factoring, periodic delays and negotiations are eliminated, allowing
the business owner time to do what he or she does best - run the business.
What
are the benefits of Receivables Funding?
- Receivables
funding stimulates cash flow.
- Receivables
funding relies on the strength of a business's customers.
- Receivables
funding is accessible.
- Receivables
funding gets quick results.
- Receivables
funding is flexible.
Contact
us by phone or email at:
Craig Haney (CCFC) 972 496-5035
Certified Cash
Flow Consultant
1cashflowdepot@verizon.net