Improve the Way You Do Business With Accounts Receivable Financing
Financing receivables is one sure way to improve the way you do business. At First National Capital Advisors, we are committed to your company and offer this product to help you get out of a financial bind. Financing receivables, or factoring, is when we actually buy your accounts receivable invoices for a bargain to you. This is especially beneficial to companies that sell products or services and accept payments within 30 to 90 days on a regular basis. When you sell your receivables, you’re not necessarily going into debt. We are simply purchasing an asset and offering you a way to stay ahead in business.
The Benefits of Factoring
Before you venture out on any financial endeavors, it’s important you understand the benefits. When it comes to selling your receivables, the following are just a handful of benefits you’ll experience.
- Quick Cash – In most situations you’ll have cash in hand in as little as 24 hours. This gives you flexibility to reward employees, purchase inventory or take on a new account.
- No Recourse – Even if a client does not pay, there is no recourse to you.
- Better Focus – Without having to worry about your financial situation, you can focus more on your business. This allows sales to increase, which will also increase your funding.
- Any Business – We don’t care what business you’re in. If you need your receivables funded, we’ll do it.