Creative Funding Solutions will arrange the sale of your accounts receivable, invoices or purchase orders and you receive cash within hours. Factoring advances you almost all of your invoice or receivable, then the balance of the money owed to you will be paid when the invoice is paid. You retain complete control and ownership of your company and get the cash you need, right now, when you need it.
We can help all kinds of businesses: manufacturing, service, construction, medical, trucking, food industry, anything that you do that has other businesses as your customers.
Companies use factoring for one very basic, simple reason; CASH FLOW. Factoring provides cash so you can expand your business, meet payroll, purchase supplies and materials and pay taxes. This preserves your company's credit and trade ratings. Other benefits of increased cash flow include the ability to negotiate better terms and prices from your suppliers, reduce your cost of collections, take cash discounts on your own purchases and generate more sales and profit.
Most Fortune 500 companies use factors. This gives you the same valuable business management technique that those big companies use.
Qualifying for traditional bank loans can take months and has to follow strict credit rules. Factoring gives you the cash flow you need now. Remember, borrowing money creates debt, factoring does not create debt. A loan to meet cash flow needs reduces the bottom line value of your business. Loans require collateral. Factoring is not a loan, so there is no debt to repay. Your balance sheet is more attractive.
More and more companies in every industry are discovering the fast, convenient solution to their cash flow needs is factoring. Don't get left behind.