Factoring

If you need quick cash within a week and have accounts receivable, call me to discuss our factoring options. Factoring can improve cash flow and give your business more purchasing power. You must be careful when factoring because it is a long term solution. You need to plan on profits turning to cash to get out of the contract and eliminate your need to factor. This part of the planning is really important if you want to save the financing charges in the future.

Our factoring rates range depending on the underwriting constraints of the applicant, business and receivables strength; however, most of the deals we fund range from 1.75%-3%. These rates are pretty competitive with the market as a whole. In any case, lets go over your options. We can help you identify the right solutions to help grow your business the right way. We make our loans for the relationship, not just for the transaction.

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