Accounts receivable factoring provides a business line of credit that allows you to borrow against
your factored invoices for working capital needs such as inventory
and equipment financing.
Online reporting allows you access to your account
to monitor accountants receivable agings as well
as individual invoices.
Why factor?
Basically, accounts receivable financing is a
form of outsourcing with a built-in revolving line of credit
feature. By using First Capital to factor your commercial invoices,
you convert the accounts receivable servicing function from a
fixed cost to a variable cost while obtaining a higher level
of expertise, more years of experience, and better consistency
than a company can usually do on its own.
Although you do not have to borrow against your
outstanding accounts receivable invoices, it’s like having
an active business line of credit whenever you need it.
Who is factoring?
Small to medium-sized (and in some cases large)
businesses that make or distribute products and or provide services
in virtually every industry can employ receivables factoring
services. The main requirement is simply accounts receivable,
payable from other businesses. Whether you're in high-growth
mode, turnaround, or anywhere in between, First Capital’s
receivables factoring program may be right for your company.
When?
Learn more today about how factoring your accounts
receivable invoices can help you better run your business operations
and provide an immediate business line of credit. Compared with many other
forms of outsourcing and commercial financing, an accounts receiable factoring arrangement
can be put into place fairly quickly and easily.
To get started call 800‑619‑0804 or simply
click here to Request a Quote.
|
