Tied Up Funds?

1. Is your business sitting on Accounts Receivables with more “money” on the books than in your bank?  Money you would like to put to work paying bills or growing your business?
2. Is that “money” needed for payroll, materials, rent or other operating expenses?
3. Could your business grow if you had quicker access to those funds?
4. Could you bid on larger orders or contracts if your invoices were paid immediately?
5. Does your business generate great sales, but have insufficient assets to secure more bank financing?
   
   

Factoring May Be Your Solution!

Expedited Capital Funding can provide immediate cash for your Accounts Receivables through Factoring
Factoring is the purchase of business-to-business or business-to-government accounts receivable for a fee.  Factoring allows businesses to collect money they are owed immediately by accepting a discounted amount of the invoice from a third party (the factor). 

How does factoring work?
A business sells one or more invoices to a factor.  A factor is a funding source that specializes in purchasing accounts receivable.

1. The factor immediately advances a high percentage (typically 80%) of the invoice amount to the business.
2. The factor assumes the right to receive payments on the invoice.
3. The business’s customer later submits payment to the factor.
4. The factor rebates the business the remaining percentage of the payment, less the factor’s fee.
5. The factor’s fee is based on the length of time the invoice payment was outstanding and the processing cost and risk involved in advancing the original amount.