What are the benefits of factoring your income stream?
Additional Working Capital can be used to:
Increase sales and profitability Take advantage of supplier discounts Increase staff or fund payroll Purchase equipment Increase inventory It does not create debt on your balance sheet. It increases your purchasing power, enabling you to do more business. Eliminates the need for bank loans or SBA Loans. Improves your credit rating, and gives you cash to meet your obligations. Eliminates using equipment, real estate or inventory for collateral. Saves on your in-house staff costs. Presents a professional image to your clients. Eliminates the need for venture capitalists or partners that share in decision-making and profits. Factor ALL of your receivables, or only the ones you choose. Stop factoring any time you choose without termination penalties. Start again any time you need the service.
Bottom Line: Cash today is worth more than cash tomorrow!