account receivable factoring industry

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Our customers tell us that our combination
of low rates and exceptional service makes
us the best choice for Account Receivable Factoring Industry Services.

We are a nationwide company offering
factoring industry programs the others can't
because of our unique funding capabilities.
The others are restricted by their banks on
what kind of account receivable Factoring Industry Services they can offer.
We are not restricted!

We have been providing account receivable Factoring Industry Services
nationwide for decades and have clients
in hundreds of industries

When you become our client you will
be served by our staff that has an average
of 11 years  Factoring Industry Services company 
experience per account executive.
(Well above the factoring industry norm!)

You will have one dedicated person
and his or her assistant who will handle
your account.
Unlike the others, you don't have to
start over each time you call with a new person

Unlike other , account receivable  Factoring Industry Services,
our program includes the following features
at no additional charge:
• 12-24 hour funding on approved invoices
• Highest advance rates in the industry
• Credit analysis on new and existing customers
• Continuous collection management and follow up on factored invoices
• Invoice and statement mailing (postage included)
• Account status inquiries anytime;
24/7 online account access.
• We allow you to electronically submit Invoices
• Free credit checking on new customers at no additional cost

Our flexibility allows you to maintain control:
• You select accounts you prefer to factor on
an invoice by invoice basis.
• You control total factoring costs by only financing on an "as needed" basis.

Up to 97% Account Receivable Factoring Industry Services Advance Rates:
Advance rates are based on overall risk associated with a particular industry
as well as experience and track record. We hold reserve accounts to accommodate
industries which typically experience dilution and that we would otherwise not be able to service.
Advance rates range from 80% to 97% of the gross invoice amount.

Account Receivable Factoring Industry Services Fee Structures:
Fees are determined based on your industry, the credit worthiness of your customers, how quickly your invoices turn, and monthly factoring volume.

GET YOUR CASH TODAY
Call our  Factoring IIndustry Services specialists at

1-866-593-2205 or

Email Us or
Complete our
ONLINE REQUEST FORM

 ACCOUNT RECEIVABLE FACTORING INDUSTRY SERVICES COMPANY HOME PAGE


WHAT
OUR CLIENTS
SAY ABOUT US

 

 

 

 

What is the Account Receivable  Factoring Industry

 

Account Receivable Factoring Industry Services A Profitable Alternative to Banking

Whether you are a machinist operating out of a garage or a staffing company placing hundreds
of workers in the largest firms, you undoubtedly face cash flow dilemmas from time to time. 
  The uncomfortable ritual of making incoming cash receipts stretch to cover short term obligations
frustrates even the most seasoned business managers.
 

Historically, the bulk of  account receivable factoring industry was predominately in the textile, furniture and apparel industries. 
Today, factoring firms are working with all types of industries, including: manufacturers, service providers,
transportation companies and high technology firms.  Suppliers and contractors are looking for additional sources
of working capital to accommodate increased sales volume. 
 

The overall increase in account redeivable factoring industry volume is mainly attributed to the credit crunch in the late 80s. 
As the availability of bank commercial credit tightens, more businesses look towards
alternative sources of financing to achieve growth. In recent years, an increasing number of businesses have discovered that factoring accounts
receivable can combat the ups and downs of unpredictable cash flow cycles.  More importantly, factoring companies are providing
the small business community with a viable source of working capital when conventional financing is not always an optionCurrently, $62 billion dollars in invoices are factored
in the United States each year.

 

 

 

 

 

 


What is Factoring ?

Sense 1 factoring, factor in, factor out -- (resolve into factors; "a quantum computer can factor the number 15") ->
calculate, cipher, cypher, compute, work out, reckon, figure -- (make a mathematical calculation or computation) => quantize, quantise -- (apply quantum theory to; restrict the number of possible values of (a quantity) or states of (a physical entity or system) so that certain variables can assume only certain discrete magnitudes that are integral multiples of a common factor; "Quantize gravity") => extract -- (calculate the root of a number) =>
process -- (perform mathematical and logical operations on (data) according to programmed instructions in order to obtain
the required information; "The results of the elections were still being processed when he gave his acceptance speech") => prorate -- (divide or assess proportionally; "The rent was prorated for the rest of the month") => miscalculate,
misestimate -- (calculate incorrectly; "I miscalculated the number of guests at the wedding") => recalculate -- (calculate anew; "The costs had to be recalculated") => average, average out -- (compute the average of) => factor, factor in, factor out
-- (resolve into factors; "a quantum computer can factor the number 15") =>

What is an  Receivable
 sense of account receivables Sense 1 receivables -- (money that you currently expect to receive from notes or accounts) -> assets -- (anything of material value or usefulness that is owned by a person or company) =>
share, portion, part, percentage -- (assets belonging to or due to or contributed by an individual person or group; "he wanted his share in cash") => tax base -- (collective value of taxable assets) => receivables --
(money that you currently expect to receive from notes or accounts) =>
crown jewel -- (the most desirable assets of a corporation; "their crown jewels figured prominently in the takeover attempt") => deep pocket -- (a source of substantial wealth (usually plural); "a patron of the arts should have deep pockets") => reserve assets -- (capital held back from investment in order to meet probable or possible demands) => sum, sum of money, amount, amount of money -- (a quantity of money; "he borrowed a large sum"; "the amount he had in cash was insufficient") => resource -- (available source of wealth; a new or reserve supply that can be drawn upon when needed) => intangible, intangible asset --
(assets that are saleable though not material or physical) => liquid assets, current assets, quick assets -- (assets in the form of cash (or easily convertible into cash)) => investment, investment funds --
(money that is invested with an expectation of profit) => equity -- (the difference between the market value of a property and the claims held against it) => security, protection -- (defense against financial failure; financial independence; "his pension gave him security in his old age"; "insurance provided protection against loss of wages due to illness") =>
material resource -- (assets in the form of material possessions) => capital -- (wealth in the form of money or property owned by a person or business and human resources of economic value) => capital, account receivable.working capital -- (assets available for use in the production of further assets) => funds, finances, monetary resource, cash in hand, pecuniary resource --
(assets in the form of money) => hole card -- (any assets that are concealed until they can be used advantageously) => credit -- (money available for a client to borrow) => overage -- (a surplus or excess of money or merchandise that is actually on hand and that exceeds expectations) => accounts receivable -- (a creditor's accounts of money owed to him; normally arise from the sale of products or services)

 Sense 1 invoice -- (send an bill to; "She invoiced the company for her expenses") ->
charge, bill -- (demand payment; "Will I get charged for this service?"; "We were billed for 4 nights in the hotel, although we stayed only 3 nights") => levy, impose -- (impose and collect; "levy a fine") => tithe -- (exact a tithe from; "The church was tithed") => assess
-- (charge (a person or a property) with a payment, such as a tax or a fine) => undercharge --
(charge (someone) too little money) => surcharge -- (charge an extra fee, as for a special service) =>
invoice -- (send an bill to; "She invoiced the company for her expenses")

What is an Account

The noun account has 10 senses (first 10 from tagged texts) 1.
(564) account, business relationship -- (a formal contractual relationship established to provide for regular banking or brokerage or business services; "he asked to see the executive who handled his account") 2.
5. (43) account, accounting, account statement -- (a statement of recent transactions and the resulting balance;
"they send me an accounting every month") 6. 7. (19) bill, account, invoice -- (an itemized statement of money owed for goods shipped or services rendered; "he paid his bill and left"; "send me an account of what I owe") 8.
 (6) account -- (importance or value; "a person of considerable account"; "he predicted that although it is of small account now it will rapidly increase in importance")
 

What is Industry
senses of industry Sense 1 industry -- (the people or companies engaged in a particular kind of commercial enterprise; "each industry has its own trade publications") -> commercial enterprise -- (an enterprise connected with commerce) => cooperative, co-op -- (a jointly owned commercial enterprise (usually organized by farmers or consumers) that produces and distributes goods and services and is run for the benefit of its owners) => industry -- (the people or companies engaged in a particular kind of commercial enterprise; "each industry has its own trade publications")
Sense 2 industry, manufacture -- (the organized action of making of goods and services for sale; "American industry is making increased use of computers to control production") -> commercial enterprise, business enterprise, business -- (the activity of providing goods and services involving financial and commercial and industrial aspects; "computers are now widely used in business") => tourism, touristry -- (the business of providing services to tourists; "Tourism is a major business in Bermuda") => fishing -- (the occupation of catching fish for a living) => butchery, butchering -- (the business of a butcher) => storage --
(the commercial enterprise of storing goods and materials) => industry, manufacture -- (the organized action of making of goods and services for sale; "American industry is making increased use of computers to control production") => field, field of operation, line of business -- (a particular kind of commercial enterprise; "they are outstanding in their field") => employee-owned enterprise, employee-owned business -- (a commercial enterprise owned by the people who work for it) => finance -- (the commercial activity of providing funds and capital) => discount business -- (the business of selling merchandise at a discount) =>
real-estate business -- (the business of selling real estate) => advertising, publicizing -- (the business of drawing public attention to goods and services) => publication, publishing -- (the business of issuing printed matter for sale or distribution) => printing -- (the business of producing printed material for sale or distribution) =>
packaging -- (the business of packing; "his business is packaging for transport") => agribusiness, agriculture, factory farm -- (a large-scale farming enterprise) => construction, building -- (the commercial activity involved in repairing old structures or constructing new ones; "their main business is home construction"; "workers in the building trades") => transportation, shipping, transport -- (the commercial enterprise of moving goods and materials) => venture -- (a commercial undertaking that risks a loss but promises a profit)