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Telephone:
Toll Free
+1-866-5FACTOR (532-2867)
Local +1-816-665-9024
FAX: +1 816 353 1653
E-mail: mail@nycfactoring.com
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Factoring is a
very fast, very easy and very flexible way to improve your cash flow
and generate working capital for your company. Factoring can help you
obtain immediate access to cash that is normally tied up for 30, 60
or 90 days in your accounts receivable. This increased cash flow
allows you to take advantage of growth opportunities, early pay
discounts, reduce debt or cover operating expenses.
Unlike a
traditional loan, factoring does not add debt to your balance sheet,
and there are no loans to repay. By selling (factoring) your accounts
receivable to a factor rather than borrowing from a bank, you simply
convert one asset (accounts receivable invoices) into another asset
(cash). You can factor your accounts receivables with a factoring
company to improve your cash flow or to just get you out of a
financial jam. There are no drawn out applications or loan
committees, and typically no financials or tax returns are required.
Factoring can be short-term or part of an ongoing financing program.
New companies can benefit as well, since there is no requirement for
a long-term credit history.
CLICK HERE FOR A FACTORING QUOTE
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Factoring is one of the most
powerful cash flow and management tools available to businesses
today. This is because the most important aspect of the transaction
is not if your company has good credit, but rather or not your
customers have good credit. This is how factoring can help start up
companies as well as seasoned companies. So, factoring is a fast,
easy and reliable financial transaction that allows you quick access
to your working capital that is based on the financial soundness of
your customers.
So please allow NYC Factoring help
you acquire the capital that your business strives for. We know the
problems of startups and high-growth businesses. Our factoring
companies are aggressive well-capitalized funding sources and
represent lenders who understand your industry and want to help your
business. NYC Factoring has the experience, expertise and financial
resources to put factoring to work for your business and its accounts receivables.
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