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Factoring Account Receivables Services
For All Industries And All Company Sizes
Business Services Companies Trucking and Transportation Companies Government Contractors Suppliers Business Security
Companies Guard Agency Businesss Staffing Temporary Employment Agencies
Contact our accounts receivable factoring specialists at:
Toll Free: 1-800-986-1859
Online Invoice Facoring Services Request Form
Factoring Articles
How To Increase Your Cash Flow With Invoice Factoring
Comparing Invoice Factoring To Bank Loans
How Invoice Factoring Account Receivables Works
Why A Factoring Company Business Is Necessary
Invoice Factoring Business Benefits
Receivables Factoring Business History
Account Receivable Factoring Frequently Asked Questions
Unlike The Others, You Actually Make Money With Our Account Receivable Factoring Rates
OUR PROVEN INVOICE FACTORING PROGRAMS HELP BOOST YOUR CASH PROFITS
Contact our account receivable factoring specialists at:
Toll Free: 1-800-986-1859
On-Line Invoice Factoring Services Request Form
Partial List Of Industries That We Provide Factoring
Invoice Factoring Utility Construction company
Financing invoices for utilty construction
customers Invoice Factoring Machine Shop
Financing invoices for machine shop
companies Invoice Factoring Oil and Gas Industry Services
Financing invoices for companies that provide services and products
to Oil and Gas Customers Invoice Factoring Trucking company
Financing invoices for trucking companies,
freight brokers and commercial transportation customers Invoice Factoring Freight Forwarding company
Financing invoices for freight forwarding
customers Invoice Factoring Healthcare Staffing company Services
Financing invoices for staffing
customers Factoring Government Contracts
Financing invoices for companies that provide services and products
to state and federal government agencies Invoice Factoring Distributors Services
Financing invoices for distributor
customers Invoice Factoring Freight & Trucking
Financing credit for freight and trucking service customers. Invoice Factoring Manufacturers Business
Financing invoices for companies that provide services and products
to Maunfacturing clients Financing Medical Practitioners
Financing credit for medical practitoner firms Factoring Security Guards
Financing invoices for companies that provide security guards
to commercial, industrial and government sites Invoice Factoring Temp Staffing Agencies
Financing invoices for staffing and temporary employment
in the business and medical services field
Invoice Factoring Staffing company
Financing credit for staffing service companies. Factoring Building Products Distributor Services
Financing invoices for clients in the Building Products Distributor industry Invoice Factoring Manufacturing company
Financing invoices for manufacturing
companies Invoice Factoring Maintenance Services
Financing credit for maintenance service companies. Invoice Factoring Service Providers Business
Financing invoices for small and medium sized service companies
such as commercial suppliers, technology consultants
and janitorial companies,etc. Invoice Factoring Metalized coating Business
Financing credit for metalized coating service customers. Invoice Factoring Auto Parts company
Financing invoices for auto parts
companies Invoice Factoring Powder Coating
Financing invoices for companies that provide services and products
to Powder Coating clients Invoice Factoring Cable Contractors
Financing invoices for cable contractors
customers And Many More
More Links to Help You Find Information
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Just Some of The Industries That we Provide Invoice Factoring Services
Freight Factoring | Government Contract Factoring | Medical Staffing Factoring | Temp Staffing Factoring |
Oil & Gas Industry Financing
Staffing invoice factoring company Building Products Distributor cash flow factoring Building Products Waterproofing Distributor account factoring Manufacturing
account receivable factoring Maintenance Service receivable factoring
Machine Knives invoice financing company Custom Auto Body for Emergency and accounts receivable factoring company Municipality Vehicles factoring loan Parts and Installations business factoring Metalized coating invoice factoring company Auto Parts accounts factoring company Powder Coating invoice factoring Utility Construction receivables factoring Machine Shop invoice financing company Trucking invoice factoring company Trucking - Refrigerated Freight factoring Trucking - Dry Freight truck factoring Trucking - Over the Road freight factoring company Security Services account receivable financing Commercial & Industrial Refrigeration invoice factoring
You Can Learn More About Factoring Services Here
How To Switch Invoice Factoring Companies
Fuel Debit Card Programs Available For Freight and Trucking Companies
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Imagine flexbility that no one else offers. Unlike the others, you choose what works best for you; you sign no long-term contracts; you pay no fees when your account is inactive. You set up your contract to meet your cash flow needs, not ours. You can choose between using our most advanced technology or using the old-fashioned systems - we maintain both for you. Unlike the others, our objective is not to force you to conform to us, but to get you the cash you need in the quickest and most efficient manner.
We offer cash advance rates of up to 97% -- exceeding accounts receivables funding industry norms by 20%. The typical maximum in the invoice factoring industry is 70-80%. We can offer these great rates because of our unique and flexible combination of bank and private financing.
Our same day funding policy gets cash out to you within 12-24 hours. You have the cash when you need it, which will help keep your business moving.
Please contact us today and our seasoned invoice factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or - Email us, or - Complete the Online Invoice Factoring Request Form
Receivables Factoring Services-
Accounts
receivable factoring Business.
How Invoice Factoring Fees Are Computed
Accounts receivable factoring Business. How Fees Are Computed
80% = 8,000 advance
30 days = 3% = $300
20,000
80% = 16,000 advance
45 days = 4% = $800
A factoring
receivables business tracks each invoice individually to compute the fee. The receivable
funding company has one program that applies the fees to each specific invoice founded using turn, and a different program
that charges a daily rate against the average daily balance.
This is similar to how credit card companies charge interest. A
receivable funding business firm’s typical daily rate is 1/10 of 1% per calendar
day. If the account receivables loan business used the daily rate to
compute the above 2 invoices it would average (weighted by dollar grand
total) which would be approx. 4% for each (30+45=75/2=37.5 then weighted by
dollar sum.)
Every invoice factoring calculates its fees differently. Most all
of them base fees on the gross invoice tally (not net) and we do not settle interest
using reserve balances. All receivables factoring company’s vary
using how they handle reserve releases as well. A invoice
discounting company largely holds 10% in reserve and advances 90% to the
customer. The fees come out of the reserve.
The 1st week of each month the receivables invoice business adjusts the
reserve; then applies fees for the previous month and predicated using
the previous month’s collections. The invoice factoring accounts receivable firm cuts a check to our c
ustomers for any monies in the reserve over 10%, i.e. they originate the
new month with 10% of the gross invoices
outstanding in the reserve.
This is how the invoice factoring invoices
firm calculates the reserve releases for clients on the daily rate fee
structure. Customers taking a fee per invoice
(calculated individually dependent taking the specific number of days it
took that invoice to pay off) works like this: 8,000 advance
(10,000 x .8 ) + 2,000 reserve - 300 fee ————-
$1,700 factoring business reserve release 1st of month after collected
Some customers have no reserve
10,000 x 95% = 9,500
$500 fee
The receivable factoring business also offer rebates if clients factor a
certain dollar whole amount in the month or if the average invoice
turn is less than a certain number of days.
Here’s a factoring business rebate example:
Flat 4% fee
90% advance
.5 rebate volume > $100 K / mo
1.0 rebate volume > $200 K / mo
.5 rebate average turn 40 days or lessGross invoice $10,000
We are currently
providing receivable factoring services rnationwide including the following states:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware,
Florida, Georgia, Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas,
Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota,
Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New
Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon,
Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas,
Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and
Wyoming.
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