 | 5 Question Application | | | |
The Federal Government has set aside billions of dollars in government contracts for minority owned business.
See how our minority factoring initiatives can help your business grow with cash 5 Question Application to get you started
|  | | A moment of relaxation | | | | More Info on Factoring | | | | Important Links for Minority Owned Businesses | | | | |
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FACTORING WHAT IS IT GOOD FOR?
Factoring is a flexible financial tool that can help your business be more competitive by improving your cash flow, increasing your credit rating, and allowing your company to take advantage of supplier discounts. Unlike traditional bank financing, factoring relies on the financial strength and credit worthiness of your customers, not your company. You can use factoring services as much as you want or as little as you want. There are no long term obligations, no restrictive covenants, and no maximums. - Increase Cash Flow Without Increasing or Adding Debt
- Fast and Easy Process (longer with Gov. contracts)
- Cash Received for Your Invoices in 24 Hours or Less
- Eliminate Long Billing Cycles
- Add Capital to Your Business That is Not a Loan
- Pay Off Past Due Operating Expenses
- Pay Off Delinquent Obligations
- Increase Marketing Efforts
- Provide Consistent Weekly Cash Flow to Allow for Better Planning and Growth
- Reduce Stress Involved With Not Having Cash to Meet Business Obligations
- Reduce Bad Debts by Using the Factor’s Support System
- Make Professional Quick Credit Decisions for New Customers
- Improve Decision-making on New Business
- Reduce Administration Costs Associated With Collection Activity
- Receive Professional Accounts Receivable Management
- Offer Better Terms to Customers Allowing You to Gain More Business
- Funding is Based on the Financial Strength of Your Customers
- Gain Needed Capital Without Giving Up Equity
- Concentrate on Important Parts of Your Business Instead of Collecting Invoices
- Use Your Customer's Good Credit as Leverage for Better Cash Flow
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