We are the BEST account receivable finance
company in the industry.

There are some account receivable finance companies out there which like to claim to be the best. However, we don’t claim anything. We prove it to you! But, don’t get sick of hearing it -- because we’re confident, and we’ll say that we’re the best whenever we get the chance.

Finance Ar

What is Account receivable finance?

Account receivable finance is quite simple, actually. It is a time-honored and proven method for businesses to get cash when they need it. It has been practiced in America since colonial times and is one of great financial services that have kept this country’s businesses strong for so many years.

Here’s how account receivable finance works:
You’re a business that provides goods and services to customers who are creditworthy. Once you provide that customer with an invoice you have to wait to be paid. The problem with this is that customers sometimes take weeks or even months to pay invoices. This is especially true if you’re a B2B (Business to Business) company.

With a factoring service like us you don’t need to wait for this cash. We will purchase your outstanding invoices at an excellent rate. You get the cash immediately and we do the work on collecting from your customers. It’s a win-win for you because you get the cash that your business needs right now and you no longer have to waste time in collecting on invoices or wondering when your cash is going to come in.

reasons to use an account receivable finance service

  • Fast growing businesses need cash for purchases and to cover operating costs.
  • No debt created! You get cash without taking on a small business loan.
  • Expansion of business into different markets.
  • Start-ups with no financial records or credit can get the cash they need from factoring.
  • Improved credit rating of your business by putting cash in your bank accounts.
  • Timely tax payments or payment of State and Federal tax liens.
  • The need for cash in seasonal down times.
  • Short-term cash to act as a bridge loan or to meet payroll needs.




WE PROVIDE HUNDREDS OF MILLIONS IN CASH EACH YEAR

We relieve your headaches and stress of collecting on accounts receivables.

Most Convenient

You have 24/7 account access 365 days a year.

Finance Ar

Always Reachable

When you call, you get to speak to a real live person.

Finance Ar

Account receivable finance is great for any business that offers services or delivered goods.



Fast money for businesses that need it

Don’t wait long periods for a loan. Many of our factoring deals can take place in as little as 24 to 48 hours. If you need capital right now or are looking to expand then factoring is the way to go. We work on your time instead of you working on a bank’s schedule.


MAXIMIZE YOUR TIME BY
MINIMIZING THE COLLECTION PROCESS

If you need cash and you’re sitting on a lot of unpaid invoices then factoring with us is the way to go. We’ll give you the cash that your business needs and collect from your customers.


NO DEBT - JUST CASH

Debt is risky while at the same time being beneficial to growing a business. Start-ups can relieve themselves of the risk of debt and still create capital with factoring.


CAN’T GET A LOAN

If you’re a start-up or your business has a poor history or credit then you can still get the cash that you need. Today’s banking atmosphere makes it a challenge for even the most-qualified businesses to get a loan. Factoring takes care of all of that.


HELP SMALLER BUSINESSES WITHOUT THE STAFF

Without a collections department or a small staff, collections often come down to you doing all of the leg work. Our Factoring Service will alleviate that burden and provide the service that you’re not equipped to handle.


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Factoring is also known as Accounts Receivable Financing because factoring occurs when a business needs to access cash quickly, quicker than if it had to wait the 30 to 60 days (or longer) to receive payment from a customer.

 

 

 

Finance Ar Articles

Factoring in the Future of a Trucking Business: A Story

 

John Thompson let the phone ring on his desk. He let his morning coffee cool and left his cigarette to ash itself in the tray, because he is trying to make the biggest decision ever for his trucking company. Thompson Trucking Company was at a turning point of growth and John had to decide if signing with a factoring company was the right way forward.

 

John’s father had started as an owner-operator and had grown Thompson Trucking Company into a fifteen trailer fleet over forty years. There had been some hard times when it seemed everything was going to go under and even John’s mother strapped herself into a cab to make hauls. His father had lived long enough to witness the price of hires drop during the recession and watch the eruption of fuel prices afterwards. Now the company was solely in John’s hands and he wanted to live to see it in better shape for his sons.

 

To move Thompson Trucking Company ahead into the future, he needed a steady cash flow but there was just not enough money to go around. His employees needed to be paid. They had families and household bills too. Some of the refrigerated trailers were in need of repairs and he felt to stay competitive it was also a good idea to invest in specialized haulers to be ready for the constant requests he was getting for loads of new energy and agriculture equipment. Every time he had to turn down a request, Thompson Trucking looked weak in a very strong market.

 

His father would have told him to wait and to take his time adding on new technology. John allowed himself a good hard chuckle. His father had been against placing GPS units in the cabs. He would say, “Why do you need the voice of some woman to tell you to get off at an exit that has been the same exit that has been there for years?” Also his father had the habit of teasing all the drivers he caught switching into automatic even though driving in automatic was much more efficient though not manly in his father’s eyes. His father days were long gone and technology was actually an important improvement for the business such as having Qualcomm to cut down on fruitless time communicating on the phone for bills of lading.

 

John believed a successful man is always thinking of his next step. What would be the next step for Thompson Trucking? And how would he be able to afford it? Funding was all tied up in the mortgage for the office and garage and in the fuel bills. He just finished paying off the small bank loan for installing satellite radio in the trucks for the guys.

 

But was factoring the answer? There was a lot he didn’t understand about the process. It sounded a lot like ninth grade algebra which just didn’t feel like it belonged as part of the trucking business. Factoring companies buy your invoices and manage your accounts receivable for a certain percentage of the invoiced amount. The factoring company gives the trucking business its payment right away which allows the business to have continuous cash flow so it can pay employees, buy fuel, and make repairs for upcoming hauls. Without the assistance of factoring, you have to wait for customers to send you the payment which is often 30 days late. In those 30 days, a trucking company can’t pay its bills and employees in invoices.

 

Now it was time for John to do his homework. John had heard that there were companies that charged for same day money transfers and would only advance a percentage of the money owed to your company while holding the rest in a private account if they didn’t get their bill payment within 60 or so days. Plus it was worse still if the customer didn’t pay up at all because then the factoring company would take it right out of the money supposed to be coming to you! Through the grapevine, he’d also heard about how some companies suddenly slipped you onto a sliding scale of percentages even if you had already signed a lengthy contract for maybe 3% or 7% so there you are with 10% coming as a cost to you out of the freight bill. His friend Ronnie who had a trucking business in Missouri, was run nearly into the ground by a factoring company that charged him the full freight bill on top of the factoring fees. Well, what was the point of going to a factoring company if there was shady business like that going on?

 

But it turned out to be quite easy. All the factoring companies he researched were open about their business practices and very friendly on the phone when he called. Their customer service actually knew things about their company and spoke in nice clear English so he could understand what was being explained. He didn’t mind signing an exclusive contract. He liked the idea of a long term commitment so he knew he wouldn’t have to bother going back and forth to different companies and wasting time filing more forms. Nobody charged him for credit checks and they offered him a fuel advance on the pick-up of the load. Many companies offered a non-recourse factoring program that suited him just fine. Also he was happy to hear how much he was offered in terms of percentages on the freight bills. It was good money.

 

It was really refreshing dealing with the factoring people. They were more personable than those loan managers at the bank. It seemed as though those bank people spoke another language, but these factoring guys knew the trucking business and spoke to him like a client, not like a beggar for a handout. The factoring companies didn’t worry over his credit and the debt troubles his father had had in the past of the company. Factoring was based on the credit of his customers and on their reliability which worked well for John because he and his father had built up good strong relationships over decades with their list of clients. So he knew they would understand when the factoring company contacted them for the invoices. His clients wouldn’t think poorly of Thompson Trucking and the factoring companies appeared capable of handling the accounts receivable in the same polite manner that his father had used over the years.

 

John stepped out of his office to let his secretary know to expect the arrival of the factoring contract shortly. He felt exhilarated by the new possibilities that would make the future of the company fun again and put the stress of the difficult times behind him. With the capabilities of this new cash flow, John could actually expand Thompson Trucking Company further across the country and perhaps even go international into Canada. His heart felt full knowing his sons wouldn’t have to worry about money because of the right decisions he had made for their trucking business.

 

 

 

 

Finance Ar Articles

Questions You Need to Ask Your Factoring Company

 

In today’s marketplace we’re seeing more and more factoring companies, and factoring fees, rates and agreement terms have become very competitive. This means that, as a potential factoring customer, this competitiveness should work to your advantage. However, there are some issues you must consider when choosing a factoring company to suit your specific requirements.

 

Before entering into any factoring agreement, here are some important questions you should ask –

 

What Are Your Terms?

 

As a factoring customer, you’ll be looking for as much flexibility in your factoring agreement as possible. It may be that you choose a long term contract with your factoring company if it includes flexible rates or a price break. In today’s competitive market, many factoring companies are agreeing to adjust their rates based on competitive offers from other factors or increased factoring volume.

 

The majority of factoring agreements are a one year contract, which appears to be industry standard, and this contract will renew automatically unless you provide the factoring company either 60 or 90 days notice.

 

What’s Your Fee Structure?

 

The fee structure may vary depending on both the factoring company involved and your industry. Some factoring companies charge a flat fee, which is calculated as a percentage of the total value of the invoice. On the other hand, other factoring companies charge additional fees to cover costs associated with doing business, such as money transfers, software, and so on. Ensure that the factoring company you’re considering working with is completely upfront and transparent with you about its terms and fees.

 

Are You Able to Offer Both Recourse and Non Recourse Factoring?

 

Recourse factoring:

 

Recourse factoring is less expensive than non recourse factoring. With recourse factoring, you (being the client) are ultimately responsible if the factoring company is unable to collect on your customers’ invoices. However, you’re not necessarily required to pay the debt out of pocket if you have a recourse agreement and the customer defaults on payment. It may be that the factoring company will withhold a portion of future cash payments or payments held in reserve, with the money being placed in an escrow account until such time as the debt has been paid.

 

Non recourse factoring:

 

When you have a non recourse factoring agreement, the credit risk for the collection of customers’ invoices lies with the factoring company.Therefore, we believe it’s to your advantage to use a factoring company that offers both recourse and non recourse factoring, simply because you may find that some of your customers are more suitable for recourse factoring than others. In addition, you need a factoring company with a strong credit team because they can work with you to ensure you’re dealing with good customers: to a certain degree this will relieve some of the pressure of being responsible for bad debt.

 

How Long Has the Factoring Company Been in Business?

 

With the marketplace becoming increasingly competitive, today we’re seeing the creation of more and more factoring companies. However, many of these companies are recent start ups, with limited industry experience. Make sure you research the factoring company’s history prior to entering into any factoring agreement: also research its background into providing financial services in your specific industry.

 

Do You Have the Capital to Grow with Me?

 

The fact that there’s no limit to the level of financing is the major advantage factoring has over traditional bank lending. As your company continues to grow, so too should the funding of invoices grow with you. Do your research and learn as much as possible about your potential factoring company’s client base and their capital structure.

 

Does this factoring company have a limit to the number of debtors it takes on? What’s a typical account size? What’s the factoring volume of their largest client? You’ll probably find that factoring companies who have been serving your industry for many years will have greater capacity to finance your company as it continues to grow.

 

Is There Anything Else You Can Do for Me?

 

Obviously, factoring is more expensive than a conventional bank loan, and this is partly due to the back office services that your factoring company is able to provide. Besides collections and financing, many factoring companies will evaluate companies in your industry and provide credit information. Therefore, when looking for a factoring company for your business, make sure the one you choose offers additional services and products that can assist you in making good business decisions.

 

How Do We Start Factoring?

 

Fortunately, factoring companies are not unduly concerned about your balance sheet before they decide to work with you, unlike banks. However, they do have a process to follow when selecting new clients, so be sure you understand what the factoring company is looking for when it’s considering you as a client. Are they looking at your credit ratings and/or your customers’ payment histories?

 

Are they looking at your personal credit score?

 

In many cases a company will start factoring because it’s looking for a quick injection of cash, so you need to know how many days the factoring company will take to review and process your application.

 

 

 

 

Finance Ar Articles

Why Do Companies Choose Factoring?

 

We know that factoring is the ideal way for a business to access instant cash on their company’s receivables, but there are other important benefits as well. Factoring can be a very handy financial instrument for many businesses.

 

Listed below Are Six Key Benefits of Factoring

 

No. 1: Back Office Solutions

 

Anyone running a business knows just how time consuming and expensiveit can be collecting payments from customers. When you employ a factoring company they’ll take over that role for you using their own collection specialists: it’s their job to follow up with customers until such time as your account has been paid in full. In addition, some factoring companies use online accounts, which means that you’ll have the ability to track your customers’ payments in real time.

 

Handing this time consuming part of your business over to the factoring company frees up your time to do what you do best – running your business, looking for new business opportunities, and providing your customers with excellent customer service.

 

No. 2: Better Quality Customers

 

Some factoring companies have their own rating systems for companies involved in your industry, in addition to having access to credit data on companies that could well become your new customers, and days pay information. Others create their own rating systems for companies working in your industry, which allows you to make calculated, informed decisions about both existing and new customers.

 

No. 3: Instant Access to Cash

 

When a company provides goods or services on credit it usually has to wait somewhere between 30 and 90 days for customers to pay on their invoice, and this very often leads to cash flow problems for the business. And that’s the beauty of factoring! When you use a factoring company you’ll typically receive an advance on an invoice within 24 hours. This immediate injection of cash allows businesses to purchase additional equipment, employ new staff, and cover other business expenses.

 

No. 4: Growing Your Business

 

Because factoring provides instant access to cash, it offers you the flexibility to grow your business at a faster pace. In addition, factoring is very simple to set up. A factoring account can be created within a matter of days, whereas a traditional bank loan can take weeks. And, there’s no limit to the amount of funding a factoring company can provide, unlike bank loans. Of course, this is assuming the factoring company you choose to work with has a strong capital structure. Over a period of time, the volume of factoring can increase within months – from thousands to millions of dollars.

 

No. 5: Funding for Start Ups

 

Start Ups quite often require financing to get their business up and running; but because they have no cash flow statements or balance sheets, and no business history, they’re highly unlikely to qualify for cash flow or asset based lending.

 

Factoring is not concerned about these requirements because it’s main interest is in the credit history of your customers. Before a factoring company offers you financial assistance it will examine your customers’ credit scores, their payment patterns, and general financial health. Typically, the factoring company will not be interested in how long your company has been operating.

 

No. 6: Factoring Is Not a Debt

 

Factoring does not become a debt to your business because it’s not a loan. Your business receives financial support from the factoring company as and when you accumulate invoices, and the matter is settled once your customers have paid in full. It’s true that if you’re utilizing recourse factoring, you, as the factoring client, assume the risk if your customers default on payment; however, factoring companies usually allow businesses to work off that amount by retaining a portion of reserve payments or future cash payments.

 

 

 

You Can Find More Information at  http://factoring-accounts-receivables-company.com/
and at accountreceivablefactoringcompany.org

Call Us Today at: 1-800-986-1854

 

Finance Ar Company Links

Account Receivable Collection Process

 

Account Receivable Collections

 

Account Receivable Credit

 

Account Receivable Factor

 

Account Receivable Factoring

 

Account Receivable Finance

 

Account Receivable Funding

 

Account Receivable Loan

 

Account Receivable Loans

 

Accounts Receivables Financing

 

Accounts Receivables Funding

 

Accounts Recievable Factoring

 

Accounts Recievable Financing

 

Advance Factoring

 

Advance Receivable

 

Best Business Loans

 

Best Factoring

 

Best Factoring Company

 

Best Freight Factoring

 

Business Factoring

 

Business Factoring Invoice

 

Business Factoring Receivables

 

Business Factoring Services

 

Business Factors

 

Business Financial Factoring

 

Business Funding

 

Business Funding Services

 

Business Invoice Factoring

 

Business Receivable Funding

 

Business To Business Factoring

 

Businesses Factoring

 

Buy Accounts Receivable

 

Buy Receivables

 

Buying Accounts Receivable

 

Buying Receivables

 

Cash Factoring

 

Cash Flow Businesses

 

Cash Flow Company

 

Cash Flow Finance

 

Cash Flow Financing

 

Cash Flow For Small Business

 

Cash Flow Funding

 

Cash Flow Small Business

 

Cash For Invoices

 

Cash For Receivables

 

Cash From Receivables

 

Cash Receivable

 

Cash Receivables

 

Commercial Credit Lines

 

Commercial Factoring

 

Company Factoring

 

Company Funding

 

Company Invoice

 

Company Invoices

 

Construction Factoring

 

Construction Factoring

 

Construction Invoice Factoring

 

Contract Factoring

 

Contractor Factoring

 

Credit Account Receivable

 

Credit Accounts Receivable

 

Credit Factoring

 

Credit Invoices

 

Credit Receivable

 

Credit Receivables

 

Credit To Accounts Receivable

 

Discount Factoring

 

Discount Of Receivables

 

Discount Receivable

 

Discount Receivables

 

Discounted Receivables

 

Discounting Accounts Receivable

 

Discounting Factoring

 

Discounting Invoices

 

Discounting Of Receivables

 

Discounting Receivables

 

Easy Business Loans

 

Export Factoring

 

Factor

 

Factor Account Receivable

 

Factor Accounts

 

Factor Ar

 

Factor Company

 

Factor Finance

 

Factor Financing

 

Factor Funding

 

Factor Funding Company

 

Factor In Finance

 

Factor Invoices

 

Factored Accounts Receivable

 

Factored Invoice

 

Factored Invoices

 

Factored Receivables

 

Factoring For Small Businesses

 

Factoring Usa

 

Factoring Accounts Recievable

 

Factoring Advice

 

Factoring Agency

 

Factoring Agent

 

Factoring Agents

 

Factoring Agreement

 

Factoring Agreements

 

Factoring And Financial Services

 

Factoring And Invoice Discounting

 

Factoring Ar

 

Factoring Arrangements

 

Factoring Association

 

Factoring Bank

 

Factoring Broker

 

Factoring Brokers

 

Factoring Businesses

 

Factoring Charges

 

Factoring Company Account Debt Buyer

 

Factoring Companys

 

Factoring Construction

 

Factoring Consultant

 

Factoring Consultants

 

Factoring Contract

 

Factoring Contracts

 

Factoring Cost

 

Factoring Costs

 

Factoring Credit

 

Factoring Credit Lines

 

Factoring Facility

 

Factoring Factoring

 

Factoring Fees

 

Factoring Finance

 

Factoring Financial

 

Factoring Financial Services

 

Factoring Firm

 

Factoring For Business

 

Factoring For Small Business

 

Factoring For Small Businesses

 

Factoring For Trucking

 

Factoring Franchise

 

Factoring Freight Bills

 

Factoring Funding

 

Factoring In Business

 

Factoring In Finance

 

Factoring Industry

 

Factoring Invoice Discounting

 

Factoring Invoice Discounting

 

Factoring Invoices

 

Factoring Lending

 

Factoring Line Of Credit

 

Factoring Lines

 

Factoring Loan

 

Factoring Loans

 

Factoring Machine

 

Factoring Money

 

Factoring Non Recourse

 

Factoring Of Accounts Receivables

 

Factoring Of Invoices

 

Factoring Of Receivables

 

Factoring Process

 

Factoring Program

 

Factoring Programs

 

Factoring Quote

 

Factoring Quotes

 

Factoring Rates

 

Factoring Receivables

 

Factoring Receivables Accounting

 

Factoring Receivables Rates

 

Factoring Receivables With Recourse

 

Factoring Recievables

 

Factoring Recourse

 

Factoring Services

 

Factoring Solution

 

Factoring Solutions

 

Factoring System

 

Factoring Website

 

Factoring With Recourse

 

Factors Business

 

Factors Finance

 

Factors Small Business

 

Fast Business Loans

 

Fast Factoring

 

Finance Accounting Services

 

Finance Accounts Receivable

 

Finance Ar

 

Finance Factoring

 

Finance Invoices

 

Finance Of Factoring

 

Finance Receivable

 

Finances Factoring

 

Financial Factoring

 

Financial Factoring

 

Financial Invoice

 

Financial Services Factoring

 

Financing Accounts Receivables

 

Financing Factoring

 

Financing Receivable

 

Financing Receivables Accounting

 

Finding Funding Small Business

 

Freight Bill

 

Freight Bill Factoring

 

Freight Bill Funding

 

Freight Bill Of Lading

 

Freight Bills

 

Freight Factoring Rates

 

Freight Factoring Services

 

Freight Funding

 

Freight Invoice Factoring

 

Freight Invoices

 

Full Service Factoring

 

Funding A Company

 

Funding A Small Business

 

Funding Business Capital

 

Funding Company

 

Funding Factor

 

Funding Factoring

 

Funding Working Capital

 

Funding Your Business

 

Healthcare Accounts Receivable Financing

 

Healthcare Factoring

 

Immediate Business Funding

 

Immediate Cash Flow

 

Import Factoring

 

Invoice Business

 

Invoice Cash

 

Invoice Company

 

Invoice Credit

 

Invoice Discount

 

Account Receivable Financing

 

Account Receivables Financing

 

Accounts Receivables Finance

 

Accounts Receivables Lending

 

Accounts Receivables Loan

 

Factoring

 

Factoring Company

 

Factoring Companies

 

Factoring Financing

 

Factoring Invoice

 

Factoring Service

 

Invoice Discounting

 

Invoice Factoring

 

Invoice Financing

 

Invoice Funding

 

Receivable Factoring

 

Receivable Financing

 

Receivable Funding

 

Receivable Lending

 

Receivable Loans

 

Receivables Factoring

 

Invoice Factoring Companies

 

Receivables Factoring

 

Receivables Financing

 

Receivables Funding

 

Receivables Lending

 

Receivables Loans

 

Receivables Factoring Companies