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Factoring
Factoring is used to outsource accounts receiveable management including customer credit analysis and collection. Furthermore, advances to the company can be made
by the factor on outstanding invoices and inventory to provide working
capital financing.
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Benefits of Invoice Factoring:
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- Cash advances against accounts receivable
- Letters of credit for importing
- Inventory and equipment financing
- Receivables credit protection, on
invoices that receive our credit approval,
you are protected from your customer's financial inability
to pay.
- Comprehensive receivables management,
allowing you to devote your time and resources to running
your business.
Typical Factoring
Clients
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- A broad range of industries, including
manufacturing, wholesale / distribution, and selected
service businesses.
- Major corporations seeking to outsource
receivables management functions.
- Companies that require funding for
working capital, turnaround situations, acquisitions
and leveraged buy-outs.
Personalized Account Management
Team
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Your Account Executive and your Analyst
closely monitor
your accounts receivable with daily cash transfers and online reporting.
To
find out more about Factoring, call us:
1-877-897-3223
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