05/10/2016
Invoice Factoring
What is it?
Accounts receivable financing, or Factoring, is the purchase of accounts receivable invoices at a discount. If you sell your products or services to businesses that pay in 30, 60, 90 days or more, Rebels Financing Group has a liquidity solution for you. We can help finance companies that are start-ups, losing money, or in bankruptcy because accounts receivable financing is based on your customer’s credit, not yours.
This is not a “debt.” You are selling an asset. But it is more than just an asset sale; it is like outsourcing your accounts receivable department. Factors provide valuable services. They check your customer’s credit for you and notify you of bad risks and they provide detailed monthly statements. Qualifying accounts even get free credit insurance.
• Cash in 24 Hours
• No Personal Guarantees
• We Finance Any Type of Business
• No Recourse Even if the Account Does Not Pay
• Credit Insurance on Your Clients At No Cost To You
• No Arbitrary Loan Board Decisions, No Fixed Payments
• As Sales and Receivables Increase, Funding Increases
• Focus On Your Business, Not Collections
• Take advantage of early payment or bulk purchase discounts from your suppliers
• Ability to service large and / or unexpected orders
• Accounts receivable financing is more flexible and quicker than bank loans
How it Works
Funding working capital based on invoices and accounts receivables, creating quick cash flow, and immediate working capital. Merchant sells his invoices and accounts receivables to our lender. The lender will fund the merchant a percentage of the value of those invoices the day invoices are submitted. 80-90% of receivables can be advanced to our merchant, lender collects on invoices from the customers 30, 60, or 90 days later. Lender charges a fee (1%-3%), deducts fee, and then pays merchant the balance.
Funding working capital based on invoices and accounts receivable, and is a great business cash flow solution for companies facing the following challenges:
• Negative net worth operating losses
• Payroll concerns or payroll tax liens
• Start-up, early-stage, or high-growth
• Business seasonality
• High Leverage
• Are in, or going into, bankruptcy
• Annual sales ranging from $500,000 to $100,000,000
Requirements needed for funding: AR aging report under 90 days, invoices, and application, and we will come back in a matter of hours with an answer….
Apply Now @ http://www.rebelsfinancinggroup.ca/ #!apply-now/ntsce