Hundreds of Government, State and some Corporate Contracts which are up for bid, can be found at: http://accounts-receivable-funding.com/
The contracts are posted for our Accounts Receivable clients who have used or who may use our Invoice Line of Credit services in the future. The only real qualification is having a credit worthy client who you have invoiced for any amount of to ten million US Dollars.
When you need working capital, immediately, we provide you with placement, (no cost for our service) with a reputible Lender who can turn your invoices into working captial, usually within 48 hours.
For Government and State contracts, the funding windlow is slightly longer. There is a lot more paper work in government accounts receivable transations, but the really good news is; government and state invoice factoring is rarely, if ever, turned down.
Learn more about how Invoice Lines of Credit, Accounts Receivable Financing or Factoring works. Plus find new clients (RFP), with the click of a mouse.
Showing posts with label accounts receivable financing. Show all posts
Showing posts with label accounts receivable financing. Show all posts
Sunday, November 11, 2012
Friday, November 9, 2012
How Accounts Receivable Financing is Used for Business Growth
You have a wonderful business. It has provided you with income for your family, your home, expenses and of course the payroll to support your employees and business expenses. It has provided you with above average income, which has enabled you to do some special things for your family and your children, not to mention the travel.
Yet, it is has come time to grow even larger or get loss or swallowed up by the competition.
Your credit is reasonable, but because of the down turn in the economy you are not sure if you can qualify for a line of credit from the bank. Plus you are not really happy about going to the bank for a loan. The paperwork is tiresome, and there are a few late payments here and there. You are not up to the possibility of the bank saying no.
Yet you need to take some major steps in order to stay above the rim in your chosen industry.
Your customers are great and do a good job of paying their invoices. Sometimes, they pay a little slow, sometimes not. You can make the necessary adjustments if you could just get certain large invoices to be paid by a particular date to cover payroll, etc.
Not to worry. There is a way to eliminate the cash flow problem, make the necessary adjustments for growth, meet your payroll obligations, and pay you’re your families added expenses. It is called Invoice Lines of Credit, or Accounts Receivable Funding.
It is when you take the very large invoice of one of your best customers, and turn the invoice into immediate cash, or working capital, instead of waiting for your favorite customer to pay 30 or even 60 days later.
The rates for this type of transaction usually run between 1.5 and 3.5 per cent and there is no long term contract required. Your credit is not a concern however your favorite’s customers credit is what the Accounts Receivable Lender will be looking at.
You can complete the paperwork within a day and be funded within the same week. Monies transferred into your bank account, no complications. However, if your favorite customer is the US Government or the State, it may take a little longer to get the money into your business bank account.
Manufacturing companies, staffing agencies, service industry, are welcome to use our service. We place clients, at no cost, with reliable and reputable Accounts Receivable Lenders who specialize in their industry. Complete a six question short application and we will find you a Lender, usually within a day.
Yet, it is has come time to grow even larger or get loss or swallowed up by the competition.
Your credit is reasonable, but because of the down turn in the economy you are not sure if you can qualify for a line of credit from the bank. Plus you are not really happy about going to the bank for a loan. The paperwork is tiresome, and there are a few late payments here and there. You are not up to the possibility of the bank saying no.
Yet you need to take some major steps in order to stay above the rim in your chosen industry.
Your customers are great and do a good job of paying their invoices. Sometimes, they pay a little slow, sometimes not. You can make the necessary adjustments if you could just get certain large invoices to be paid by a particular date to cover payroll, etc.
Not to worry. There is a way to eliminate the cash flow problem, make the necessary adjustments for growth, meet your payroll obligations, and pay you’re your families added expenses. It is called Invoice Lines of Credit, or Accounts Receivable Funding.
It is when you take the very large invoice of one of your best customers, and turn the invoice into immediate cash, or working capital, instead of waiting for your favorite customer to pay 30 or even 60 days later.
The rates for this type of transaction usually run between 1.5 and 3.5 per cent and there is no long term contract required. Your credit is not a concern however your favorite’s customers credit is what the Accounts Receivable Lender will be looking at.
You can complete the paperwork within a day and be funded within the same week. Monies transferred into your bank account, no complications. However, if your favorite customer is the US Government or the State, it may take a little longer to get the money into your business bank account.
Manufacturing companies, staffing agencies, service industry, are welcome to use our service. We place clients, at no cost, with reliable and reputable Accounts Receivable Lenders who specialize in their industry. Complete a six question short application and we will find you a Lender, usually within a day.
Monday, October 22, 2012
What Is Accounts Receivable Financing? Or Factoring?
What is Accounts Receivable Financing? Or Factoring?
Accounts receivable financing is when you turn your invoices into immediate working capital, rather than waiting 30 to 60 days for your client to pay you. You may need money to finance payroll, pay the real estate mortgage or to pay your debts early to qualify for a discount.
Your large clients will pay the Invoices owed to you but not in time for your immediate payroll or debts.
Getting a line of credit at the bank may take weeks, plus business has been slow in the past year, and you may be concerned about qualifying for a bank loan.
The Working Capital Solution
This is where accounts receivable financing or factoring can be extremely helpful. You borrow again your receivables, or do what is known as selling your receivables to a Lender who will pay you 80 to 90 percent of the total invoice amount. And when your client pays the Invoice, to the Lender, the Lender will take out the fees for the transaction (which are 100 percent tax deductible) and send you the balance of the monies.
The good thing about factoring or utilizing accounts receivable funding is, once the transaction is over with, you don’t owe any body anything. You will have created working capital for your company without incurring debt, and this is the sweetest part of accounts receivable financing.
What Are the Fees for Factoring?
The fees depend on the amount of the Invoices which are financed, the type of industry and the credit worthiness of your client (how long it will take them to pay the Invoice) Fees range from 1.5 to 3.5 percent and slightly more for commercial construction factoring and special industries where funding is slightly hard to get.
How much of the total invoice amount that you can get upfront depends on the credit worthiness of your client.
History of Factoring
Factoring has been around since the Egyptians, and was used by the pilgrims when they came to America. Factoring is more popular in Europe and is used more often by European companies.
Benefits of Factoring and Accounts Receivable Financing
The best benefit is creating immediate working capital, without incurring debt. In other words, a small business owner can actually finance his own growth without a bank loan. And this can be done usually with days. (Unless it is a government contract, then it takes a little longer)
Clients are the life line for any business, yet when they take 30, 60 or 90 days to pay. This can place a hardship on a small or even medium size business depending on the amount of the Invoices. Payroll continues regardless if the client has paid the Invoice or not. Accounts Receivable Financing enables a small business to be independent regardless of when the large corporations, federal government, state, city or utility company pays.
With some Lenders, factoring companies, they will take over the collection of your receivables and this by itself can save a company many man hours.
Eliminating Cash Flow Issues
If cash flow is a concern for your company, you owe it to yourself to investigate factoring or accounts receivable financing. Some Accounts Receivable brokers provide funding placement for government and corporate invoices. There is no fee for the placement of funding and usually helps the small business owner to become more efficient in finding and selecting an accounts receivable lender. Click here for help in finding a suitable Accounts Receivable Lender based on your location, industry and amount of Invoices.
Accounts receivable financing is when you turn your invoices into immediate working capital, rather than waiting 30 to 60 days for your client to pay you. You may need money to finance payroll, pay the real estate mortgage or to pay your debts early to qualify for a discount.
Your large clients will pay the Invoices owed to you but not in time for your immediate payroll or debts.
Getting a line of credit at the bank may take weeks, plus business has been slow in the past year, and you may be concerned about qualifying for a bank loan.
The Working Capital Solution
This is where accounts receivable financing or factoring can be extremely helpful. You borrow again your receivables, or do what is known as selling your receivables to a Lender who will pay you 80 to 90 percent of the total invoice amount. And when your client pays the Invoice, to the Lender, the Lender will take out the fees for the transaction (which are 100 percent tax deductible) and send you the balance of the monies.
The good thing about factoring or utilizing accounts receivable funding is, once the transaction is over with, you don’t owe any body anything. You will have created working capital for your company without incurring debt, and this is the sweetest part of accounts receivable financing.
What Are the Fees for Factoring?
The fees depend on the amount of the Invoices which are financed, the type of industry and the credit worthiness of your client (how long it will take them to pay the Invoice) Fees range from 1.5 to 3.5 percent and slightly more for commercial construction factoring and special industries where funding is slightly hard to get.
How much of the total invoice amount that you can get upfront depends on the credit worthiness of your client.
History of Factoring
Factoring has been around since the Egyptians, and was used by the pilgrims when they came to America. Factoring is more popular in Europe and is used more often by European companies.
Benefits of Factoring and Accounts Receivable Financing
The best benefit is creating immediate working capital, without incurring debt. In other words, a small business owner can actually finance his own growth without a bank loan. And this can be done usually with days. (Unless it is a government contract, then it takes a little longer)
Clients are the life line for any business, yet when they take 30, 60 or 90 days to pay. This can place a hardship on a small or even medium size business depending on the amount of the Invoices. Payroll continues regardless if the client has paid the Invoice or not. Accounts Receivable Financing enables a small business to be independent regardless of when the large corporations, federal government, state, city or utility company pays.
With some Lenders, factoring companies, they will take over the collection of your receivables and this by itself can save a company many man hours.
Eliminating Cash Flow Issues
If cash flow is a concern for your company, you owe it to yourself to investigate factoring or accounts receivable financing. Some Accounts Receivable brokers provide funding placement for government and corporate invoices. There is no fee for the placement of funding and usually helps the small business owner to become more efficient in finding and selecting an accounts receivable lender. Click here for help in finding a suitable Accounts Receivable Lender based on your location, industry and amount of Invoices.
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