Why Factor Invoices?
Factoring your receivables provides for your company to have the cash it needs
today rather than waiting over 30 days to receive payment from your client. Money
provided by factoring your receivables can be used for whatever your company
needs, such as:• Pay Creditors• Pay Payrolls• Pay Taxes• Take discounts on merchandise purchasesThe money is cash without borrowing. Funds are available immediately upon
presentation of invoices and backup documentation.
You won't need to go to the
bank and re-negotiate a loan every time you need money. The amount of cash
available is directly related to your company’s monthly sales volume. Bookkeeping is
simplified and factoring your receivables eliminates you from being both the
supplier and collector.
Factoring your receivables will save you time and increase
your ability to service more clients.***Afra AmirSanjari is the Principal for Peacock Capital.
Peacock Capital specializes in solving the cash flow challenges of Small/Medium
Businesses, Government Vendors and Individuals with innovative financial solutions
by providing a network for securing operating capital.
http://www.peacockcapital.cominfo@peacockcapital.com
Afra AmirSanjari
Disclaimer
Please note that this website is for information only. Whilst every care has been taken to provide accurate information the complex nature of insurance, cover and compensation mean that you are responsible for the final decision on what action should be taken.
You need to take special care to ensure that the advice given applies to you country, state or jurisdiction.
