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How Accounts Receivable Factoring
Can Assist Your Business
by: www.newhorizon.org
When you sell a product or service and charge customers afterwards, you will
soon discover that your money flow is out of balance.
Waiting for slow-paying customers to pay their outstanding bills can wind up
placing you behind on paying your company’s own expenditures.
Invoice finance factoring can be useful to businesses looking for use of money
to deal with costs when clients are slow to pay on bills.
What Is Invoice Finance Factoring?
Invoice factoring is an substitute for a financial institution loan. Using these
arrangements, an invoice finance factoring firm consents to buy your
outstanding invoices from you.
You have a lump sum payment in advance comparable to a set portion of
the total amount of the invoices due.
When buyers settle the bills, you get all of those other money less a charge
known as the factoring fee.
Why Use Invoice Factoring?
You’ll get immediate access to cash. With invoice factoring, you can infuse
cash into your business immediately, to help you cover costs like payroll
and purchasing materials.
The requirements for approval are more easy. Because the accounts
receivable factoring contracts are guaranteed by your accounts payable,
the requirements for approval are less demanding than those for bank
loans.
For more information about Invoice Factoring read
http://www.newhorizon.org/credit-info/how-invoice-factoring-can-help-your-business
OR CALL (888) 778-5677

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How Accounts Receivable Factoring Can Assist Your Business

  • 1. How Accounts Receivable Factoring Can Assist Your Business by: www.newhorizon.org
  • 2. When you sell a product or service and charge customers afterwards, you will soon discover that your money flow is out of balance. Waiting for slow-paying customers to pay their outstanding bills can wind up placing you behind on paying your company’s own expenditures. Invoice finance factoring can be useful to businesses looking for use of money to deal with costs when clients are slow to pay on bills.
  • 3. What Is Invoice Finance Factoring? Invoice factoring is an substitute for a financial institution loan. Using these arrangements, an invoice finance factoring firm consents to buy your outstanding invoices from you. You have a lump sum payment in advance comparable to a set portion of the total amount of the invoices due. When buyers settle the bills, you get all of those other money less a charge known as the factoring fee.
  • 4. Why Use Invoice Factoring? You’ll get immediate access to cash. With invoice factoring, you can infuse cash into your business immediately, to help you cover costs like payroll and purchasing materials. The requirements for approval are more easy. Because the accounts receivable factoring contracts are guaranteed by your accounts payable, the requirements for approval are less demanding than those for bank loans.
  • 5. For more information about Invoice Factoring read http://www.newhorizon.org/credit-info/how-invoice-factoring-can-help-your-business OR CALL (888) 778-5677