• Do you need funds for new opportunities but your cash is tied up in unsold inventory?
• Do you need new inventory to meet demand but your capital is trapped in unpaid invoices?
• Are you short of cash but need to pay normal operating expenses?
• Do you need to increase staff and advertising in advance of your busy season?
• Have you maxed out your line of credit or don’t want to add debt loan to your balance sheet?
• Do you want an easy method to unlock the cash now stuck in your business?

If you’ve maxed out credit lines and your cash is tied up, your business may be a candidate for accounts receivable financing or “factoring”. Factoring is a simple method of unlocking capital that already exists in your business. Factoring involves the purchase of unpaid invoices at a discount as a means to advance funds to your company now. Factoring is a smart funding solution for businesses of all sizes from growing start-ups to long-established companies.

Factoring involves using certain items such as accounts receivable, invoices, new contracts, purchase orders, pre-paid inventory and future credit card revenue as collateral for funds that are advanced to your company now.

Factoring is the smart funding solution for businesses of all sizes from growing start-ups to long-established companies. You can factor a single invoice or selected invoices; or you can make factoring a fundamental part of your business capital plan. With factoring, you will always have access to the funds you need to grow your business.