Recruitment and Staffing Factoring Company





 

 

 

 

We are a nationwide receivables factoring company offering
invoice factoring programs the others can't
because of our unique funding capabilities.
The others are restricted by their banks on
what kind of factoring programs they can offer.
We are not restricted

Our customers tell us that our combination
of low rates,flexible contracts and exceptional
service makes us the best choice for invoice
factoring services.


We have been providing
invoice
factoring
services nationwide for decades
and have clients in hundreds of industries. Including

factoring for Health Care Staffing, Tansportation,
Trucking, Manufacturing, Labor Staffing,
and much more.

Up to 97%  
Invoice Factoring Advance Rates:

Advance rates are based on overall risk
associated with a particular industry
as well as experience and track record.
We hold reserve accounts to accommodate
industries which typically experience
dilution and that we would otherwise
not be able to service.
Advance rates range from
80% to 97% of the gross invoice amount.

Invoice Staffing Factoring Fee Structures:
Fees are determined based on
your industry, the credit worthiness
of your customers, how quickly
your invoices turn, and
monthly
factoring volume.


GET YOUR CASH TODAY
Call our invoice factoring specialists at

1-888-239-9162 or

Email Us  or
Complete our

ONLINE INVOICE FACTORING REQUEST FORM

INVOICE FACTORING HOME PAGE

"In all my years of finance experience I have  found you as being the best source, your personal touch and commitment to us has made  our  relationship a great blend of business and  friendship."
  -Omar, Controller for    Utilities Company


INVOICE FACTORING BENEFITS
IS INVOICE FACTORING FOR YOU
WHY INVOICE FACTORING IS NECESSARY
HOW INVOICE FACTORING WORKS
WHY OUR CUSTOMERS CHOOSE US
INVOICE FACTORING HISTORY
SWITCHING INVOICE FACTORING COMPANIES?
HERE IS HOW IT WORKS

EVERYTHING YOU NEED TO
KNOW ABOUT INVOICE FACTORING

Privacy Policy     SiteMap
 
Wikipedia Invoice Factoring Information

 

Additional Staffing Factoring Company Information

Factoring has an ironic distinction: It is the financial backbone of many of America's most successful businesses. Why is this ironic? Because factoring is not taught in business colleges, is seldom mentioned in business plans and is relatively unknown to the majority of American business people. Yet it is a financial process that frees up billions of dollars every year, enabling thousands of businesses to grow and prosper.

Staffing Factoring has been around for thousands of years. Factors are investors who pay cash for the right to receive the future payments on your invoices.

An unpaid receivable or invoice has value. It is a debt your customer has agreed to pay in the near future.

Factoring Principals

Although staffing factoring deals exclusively with business-to-business transactions, a large percentage of the retail business uses a factoring principal. MasterCard, Visa, and American Express all use a form of factoring in their retail transactions. Using the purest definition of the word, these large consumer finance companies are really just large factors of consumer paper.

Think about it: You make a purchase at Sears and charge it to your MasterCard. The store gets paid almost immediately, even though you do not make payment until you are ready. For this service, the credit card company charges Sears a fee (typical fees range from two to four percent of the sale).

The Benefits

Factoring can offer many benefits to cash-hungry companies. Rather than wait 30, 60, 90 days or longer for payment on a product or service that has already been delivered, a business can factor (sell) its receivables for cash at a small discount off the amount of the invoice.

Payroll, marketing efforts, and working capital are just a few of the business needs that can be met with this instant cash.

Staffing Factoring provides the means for a manufacturer to replenish inventory and make more products to sell: There is no longer a need to wait for earlier sales to be paid. Factoring is not just a cash management tool for manufacturers: Almost any type of business can benefit from factoring.

Generally, a business that extends credit will have 10 to 20 percent of its annual sales tied up in accounts receivable at any given time. Think for a moment about how much money is tied up in 60 days’ worth of invoices: You cannot pay the power bill or this week's payroll with a customer's invoice, but you can sell that invoice for the cash to meet those obligations.

Staffing Factoring is a fast and easy process. The factor buys the invoice at a discount, usually a few percentage points less than the face value of the invoice.