Is Selling Invoices Your Gateway to Business Growth?
Imagine unlocking your business potential by freeing up tied cash. Selling your invoices isn't just about fees; it's about empowering your business. Let's explore how this choice could be your smartest business move.
Understanding Fees and Advances: What's at Stake?Consider these key factors:
- Customer payment consistency
- Your monthly invoicing volume
- Average invoice value
- Payment collection speed
Fees are a small price for a big leap: just 2-5% of your invoice. For a $1,000 invoice at 3%, it's a mere $30.
What Does 'Advance' Really Mean for You?Advances are immediate cash injections: 60-95% of your invoice value upfront. For a $1,000 invoice at 80%, that's $800 in your pocket now, with the balance following upon customer payment.
Invoice Selling vs. Bank Loans: The Smart Choice?While bank loans provide one-time funding, selling invoices offers a continuous cash flow, enhancing your financial flexibility without the burden of long-term debt.
Boosting Your Profit MarginsEven with a modest 3% profit, invoice selling can amplify your business volume, thereby increasing your profit margins. Your fixed costs remain constant, but your profits soar.
Case Study: Doubling Your Sales with Invoice SellingWithout invoice selling, your $50,000 sales yield $1,500 profit. Embrace invoice selling, and you could see sales and profits double — a leap to $10,000 in net profit!
The Upfront Money MythConcerned about getting only 80% upfront? From month two, you're effectively receiving 97% of your funds, thanks to the advance system.
Navigating Customer Payment TermsLonger customer payment terms? Strategize by selling invoices after 30 days or focusing on quicker-paying clients for immediate cash flow benefits.
WE PROVIDE HUNDREDS OF MILLIONS IN CASH EACH YEAR
We relieve your headaches and stress of collecting on accounts receivables.
Most Convenient
You have 24/7 account access 365 days a year.
Always Reachable
When you call, you get to speak to a real live person.
Factoring is great for any business that offers services or delivered goods.
Fast money for businesses that need it
Don't wait long periods for a loan. Many of our factoring deals can take place in as little as 24 to 48 hours. If you need capital right now or are looking to expand then factoring is the way to go. We work on your time instead of you working on a bank's schedule.
MAXIMIZE YOUR TIME BY
MINIMIZING THE COLLECTION PROCESS
If you need cash and you're sitting on a lot of unpaid invoices then factoring with us is the way to go. We'll give you the cash that your business needs and collect from your customers.
NO DEBT - JUST CASH
Debt is risky while at the same time being beneficial to growing a business. Start-ups can relieve themselves of the risk of debt and still create capital with factoring.
CAN'T GET A LOAN
If you're a start-up or your business has a poor history or credit then you can still get the cash that you need. Today's banking atmosphere makes it a challenge for even the most-qualified businesses to get a loan. Factoring takes care of all of that.
HELP SMALLER BUSINESSES WITHOUT THE STAFF
Without a collections department or a small staff, collections often come down to you doing all of the leg work. Our Factoring Service will alleviate that burden and provide the service that you're not equipped to handle.