What is your company’s Plan-B and does it cover cash flow gaps caused by slow-paying customers?
What would happen to your business if;
A vendor demanded you pay COD (cash on delivery) and won’t extend terms
Your Bank decides to reduces your credit line
A client changes its policies from paying Net-10 to Net-45
If your company’s cash flow relies on everything happening perfectly, you have a disaster waiting to happen!
When the unexpected comes knocking you won’t have time to maneuver or look for other options. It’s a good idea to have a Plan-B, that way you won’t be caught off guard by events you can not control.
*Remember – you can’t make payroll or pay vendors with an IOU. So when the unexpected happens you need the ability to keep moving forward. Convert money owed to you from customers to immediate working capital, so you don’t have to worry about cash flow gaps and unexpected annoyances.
With Factoring you won’t need to chase customers each week for payments. The factoring company assists in collecting on-time receivables and increasing cash flow so you can focus on bringing in new customer accounts and the day-to-day business operations.
Factoring gives you access to professional credit checking tools so you can know if a potential new customer is a good candidate for extending terms to.
No more worrying about sudden interruptions, because your plan B provides you access to fast cash when you need it most!
It’s recommended that when choosing the best factoring company, you get a few offers. Factor Bid is a free small business resource that enables your business to Compare Invoice Finance Offers.. Free! Get the knowledge you need to get the best deal when factoring your accounts receivable invoices for immediate cash!
Weather you’re a tier 1 or tier 2 type vendor or a supplier company that sells goods or services to other businesses in the economic production chain, chances are you’ve experienced slow-pay in your company’s accounts receivables. But is this a problem for most operating businesses looking to grow their market share?
Proven Financial Resource
Invoice financing is used all over the world by companies large and small. Entrepreneurs unfamiliar with the idea of selling invoices at a discount to increase cash flow may be under an immediate assumption that a company selling their invoices is in trouble with traditional sources of credit and needs alternatives to stay afloat.
That’s not entirely true. Here’s why, invoice financing uses your company’s assets to access immediate cash. Invoices are considered assets because they’re money that your customers owe you for goods and services you’ve already delivered. Your credit is not even part of the lending decision when a factor finance company partners with your business. A factor is looking at the creditworthiness of your customers when deciding on investing in your business by buying your invoices for immediate cash.
Flexible and Fast Access to Working Capital
Business like invoice financing because it’s flexible and grow with your business. You can access larger lines of funding as your business needs, or scale back and factor less during times when you don’t need more working capital.
Accessing cash tied up in receivables enables your business to keep up with growing sales volume and meet the demands of larger customers. Larger customers require longer time to pay and stretch out payments to 60 days or longer sometimes, leaving your business with substantial carrying costs.
Lower Company Liability and Increase Cash Flow
Redirect the responsibility of carrying and financing your customers by partnering with a factor finance company. A factor assumes the responsibility of your outstanding invoices; the liability that goes with potential non-payment of your receivables and the time it takes to collect money owed to your by your customers.
Let the factoring company finance your customers growth. Free up money owed to your company and put that money to work immediately. Waiting around to be paid is not a smart business practice. Factoring will help increase your working capital immediately so you can grow faster, take on more new customers, payoff higher interest rates or buy supplies at a discount price. As your profits grow, so will your bottom line. The cost of factoring becomes a cost of doing business and as long as you’re making more money at the end of the year and increasing market share within your industry then factoring is a smart business decision and you now can see why companies of all shapes and sizes are using it.
Stop wondering how your competitors are growing so quickly and start taking advantage of your accounts receivable assets. Get the cash you need to grow your business faster.
Recommended that you get a few Competitive Offers
It’s recommended that when selecting a factor finance partner you get a few offers from competing factors to earn your business and buy your invoices. Factor Bid is a free small business resource that enables you to compare invoices finance offers from competing factor finance companies in real-time. Visit Factor Bid, click the Get Started button and within the hour you’ll have competitive offers from the top factor finance companies eager to earn your business and buy your invoices for immediate cash.
Don’t wait 30,60 or even 90 days to be paid while your competitors push ahead and win more new customers, get paid within hours of invoicing your customers and use your working capital to stay competitive in your industry.
Business on the go Mobile Work force
If you’re business is on the go and you’re looking for the fastest and easiest way to connect with financing, download Factor App and within a few minutes you’ll be matched with the top finance companies competing to earn your business.
Compare Invoice Finance Offers.. Free. If you’re a small to mid-sized business and can benefit from an immediate increase in working capital then take a look at Invoice Financing (factoring).
What is Factoring?
Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount.
Are outstanding or slow-paying invoices holding your company back! Don’t stand by holding the bag, while your customers use money they owe you to grow their business. Take advantage of factor financing and let someone else finance your customers growth so you can focus on your own growth and increasing your annual profits.
How do small to mid-sized business get immediate cash by factoring?
If your business invoices creditworthy customers on terms, then you may qualify for immediate cash flow from your accounts receivable invoices. Factoring uses the creditworthiness of your customers, not your business credit. If your a fairly new company and working hard to establish good business credit and payment history, then invoice factoring can help.
By accessing immediate cash flow, your business can afford to;
pay suppliers and earn volume discounts
pay off higher interest loans on your personal or business credit that you’re using to support your business
Cover payroll expenses
Fulfill larger orders
Take in more new customers
To find out more about how factor financing can help your business with credit checking customers, bookkeeping and accounts receivable management, increase working capital and build your business credit visit Factor Bid’s home page and click the get started button. You’ll be able to quickly and easily compare invoice finance offers from the top factor finance companies so you get the best deal when factoring your invoices.
Factor Bid is a free small business resource and you’re under no obligation to factor. Get the knowledge and leverage you need to negotiate the best deal when financing your accounts receivable invoices for immediate cash!
Grow your business faster and increase your bottom line with factoring.
Did you know you can access immediate capital from your accounts receivables? When you invoice a customer for payment, it’s because that customer owes you money for delivery of goods and/or services your business provided.
Factor finance companies are in the business of buying your outstanding accounts receivable invoices for immediate cash. You can sell your open invoices to a factor finance company and get cash within 24 hours of invoicing customers.
Owning a business can be incredibly rewarding, but it can also be challenging when cash management is taking time away from running your business. This can make accessing capital for your business slow and difficult on a consistent basis.
With factor financing, you’ll be able to realize your predictable cash flow each week/month and speed up receiving payments from outstanding invoices. No more waiting to be paid. When you started your business, you didn’t anticipate having to carry your customers by waiting weeks or even months to receive payment. Now that you know about factoring, take back your money and let someone else finance your customers on terms, while you get paid immediately for a job well done.
Factoring is a great way to leverage your business assets (invoices) to gain access to immediate cash. Cash that will help you cover day to day expenses, payroll, supplies, equipment costs, fuel, insurance, taxes and more.
That’s where we come in. We started Factor bid to help small business owners find the best deal when factoring. Factor bid matches your business with the top factor finance companies looking to buy your invoices today! It’s takes about 2 minutes to submit an invoice, and within the hour you’ll have competitive offers from factor finance companies that are eager to earn your business and buy your accounts receivable invoices for immediate cash. The factors don’t mind waiting to be paid, in fact that’s their business model. You on the other hand can do so much more with your money today.
Don’t wait 30,45 or even 60 days to be paid for work you’ve already completed. Visit www.factor.bid and get a few offers from competing factors to buy your outstanding invoices today!
Is your business mobile? Grab the #1 App for small business financing. Download FactorApp for your Smartphone now!
Your money, your business! It makes sense to want to maximize your business’ profits. First review what you already have going on. For example your breakeven point. What are your cost vs. your profit? A good way to figure this out is to realize your breakeven point -where you quit loosing money or showing a negative return on investment.
1.) Keep your breakeven point low:
This means watch your spending, both on a personal side and for your business expenses. Have you ever wondered why so many startups are launched by young entrepreneurs with little to no major financial obligations? It’s simple really-they tent to have no mortgage payment, no kids to support and are most likely to have a low monthly spend rate.
Your breakeven point is important because you really don’t know in which month/year you will in fact break even. So until this happens, spend as least as possible. Running your business in a lean manner by keeping overhead at a minimum will buy you more time to get your formula right, thus reaching your breakeven point much quicker.
2.) Maximize your ‘outside’ income:
Consider alternative sources of income. Tap friends and family to help out with some seed money to keep the lights on; a partnership agreement with an expert in a field that you may be lacking or not as familiar in. Remember 100% of a company that makes zero is much worse than owning 50% of a company that generates a profit every month / year. Think outside the box, use people in your network to help you grow your business. Every little bit helps define brand and guide you on the most efficient path to success.
3.) Seek other types of external funding:
If you still find your business is in need of additional cash flow to grow, consider grants, government loans and additional opportunity available from your local small business administration. For example in Arizona we have a platform called the Arizona Innovation Challenge, in which funds can be won by submitting your business plan / idea to a panel of advisors that will consider your company for capital investment, that does not need to be paid back and does not dilute your company stock or position.
If you’re managing all your resources correctly and see that your business is starting to have some success, and you’re adding new customers that want/need your products and/or services then you may want to consider leveraging your company assets to help grow your business faster. For example, selling your outstanding accounts receivable invoices at a discount of their face value (factoring) for immediate cash flow.
4.) Accounts Receivable Invoice Factoring:
Did you know there are finance companies called (factors) that are willing to buy your open accounts receivable invoices for cash? You get paid for your invoices within 24-48 hours upon invoicing your customers. No need to wait 30,45 or even 60 days to be paid for work you’ve already completed and or products you’ve already sold.
Why should you’re business struggle while your customers use your money / products / services to grow their business. With that being said, most companies do practice some form of invoicing and by doing so have to wait to be paid from their customers. A majority of business owners have discovered factoring and know that they are able to increase their business cash flow very quickly by partnering with a factor.
If your businesses is not in the position to become the financier of your customers, and waiting for payment just feels unproductive or unfair, then visit Factor bid to find the best factoring company to help finance your accounts receivable business asset invoices. Factor bid gets you a few offers from factor finance companies, so you get competitive offers and the best deal when selling your invoices at a discount. When factors know they’re competing to buy your invoices, there offers are going to be more aggressive in order to earn your new business.
When you practice smart business tactics like factoring your invoices, you’re able to utilize the factor financiers money to grow your business faster instead of your customers using your money to grow their business, while you sit and wait for payments.
Benefits of Partnering with a Factor Finance Company:
Factors help you steam-line your accounts receivable collection process and make sure your customers are paying as agreed. When selling your invoices and getting cash with 24 hours, you’ll have a good idea of what your predictable cash flow is every month. This is important in realizing your breakeven point as well as applying additional capital to key parts of your business that are generating revenue.
Factors also lend a hand with vetting new customers. Factors have tools that you can access that help you decide if a new potential customer is a good fit for your business – i.e., do the pay their bills on time, are they in good standing and ultimately making sure you get paid for your contribution.
Insure your money with non-recourse factoring, to help limit your businesses liability in collecting on open invoices, like when a customer all of a sudden decides they don’t want to pay you.
As long as you’re bottom line increases, and your business profits continue to grow, the small fee a factor finance company charges is nominal in the grand scheme of things. The important thing is knowing you have that money and not worrying about customers failing to pay you.
Run your profits to the max – and grow your business efficiently by utilizing everything you have access to. If you ever wonder how your competitors are doing so well, there is a good chance they’re following most of the simple practices outlined in this post. Good luck and keep on working hard everyday and at the end of a month / year / 2 years, etc – you’ll have something you and your family will be proud of.
“Keep it simple, stupid” the KISS principal when it comes to your money! Don’t wait 30,45 or even 60 days to get paid for your outstanding accounts receivable invoices, get paid as soon as today!
When it comes to factoring (invoice finance), the sky’s the limit concerning all the benefits. Mainly due to the question, “What are you going to do with all YOUR money you now have access to?” Let’s clarify, it’s your money and always was. You already completed the job. Your client has the bill/invoice. You are just waiting for the payment that you already earned. This is important to wrap your head around. When you factor finance, you are NOT applying for a loan! You are gaining access to the cash that is trapped in your accounts receivable invoices and is owed to you for a job well done.
I’m ready to get a few offers for my invoice from competing factor finance companies – Let’s Start!
What would your business look like if you were paid the SAME DAY for the products/services you provide? What would it look like if you had the money in your checking account the next day, instead of having to wait 30 plus days? How many people could you hire? How many new trucks, supplies or necessary equipment could you buy to help grow your business faster? What if you were not biting your nails on a Thursday ANYMORE when thinking about how to pay your employee’s on Friday? Now, I am just talking about one invoice. What if you are processing/billing 10, 20, or 30+ invoices a month…and waiting for the checks to arrive in the mail?
Ask yourself: “How much MONEY is locked up in someone’s Accounts Payable (A/P) that you’re not accessing to pay your own bills?” When you signed up to own your own business and create an amazing product/service, you didn’t intend on being the bank or finance company of all your customers, did you? Dream the dream. What would your business look like if you were paid same day? What would that be worth to you?
Apart from all the benefits above that specifically apply to your dreams, line of business, and how you want to grow your company, factoring your open accounts receivable invoices also does the following:
Eliminates bad debt – As you will have no more bad debt, because you – smarty pants- will ALWAYS get paid for a job well done, you can eliminate this expense from showing its ugly head on your income statement. That’s awesome!
When you partner with a factor finance, you are partnering with an experienced company who now helps you manage your accounts receivable invoices. No more collections process for you! No more expensive ‘collections outsourcing’ or lawyer retainer fees to deal with.
The sky’s the limit! You now have access to unlimited capital. The more you grow, the more financing becomes available. You love the factors and they love you.
As factoring is NOT a loan, you will not be incurring any debt. That’s right! No debt. This frees up your balance sheet and keeps it healthy for when you want to obtain other types of financing or sell your company.
Factors know that time and money go hand in hand. They want to get you money fast and make the process as seamless as possible.
So, what are you waiting for? Whether you have $5,000 or $120,000 of open accounts receivable invoices sitting on your desk, factoring can provide you the means to run your business like never before. Simply, go to factor.bid to begin a FREE and NO OBLIGATION journey into the world of factor financing. Once you upload an open invoice, you will have up to three factor financiers call you, eager to earn your business. Factor bid gets you competitive offers from the top factors in your industry that are looking to buy your open invoices today! Sit back and let the offers come in. It’s probably the easiest and best decision you’ll make today!
GO MOBILE – Factor App in invoice finance on your Smartphone!
I hear from my friend that Factoring (cash for invoices) doesn’t use my credit score?
Factoring your open accounts receivable invoices can seem like a no brainer. Who doesn’t want instant access to cash they have already worked for and earned? For those of you who are a bit scared that you are going to walk into another situation where your credit rating is going to be scrutinized or that by factoring you are adding more debt to your books — HAVE NO FEAR! On the contrary, if that is what’s holding you back REJOICE! Let me introduce you to the wonderful world of factor financing.
Factoring does not impact your personal or business credit. In fact, factoring does not require you to have any credit history at all. Factoring has everything to do with the people and companies you do business with. You see, when a factor finance company partners with you and purchases your open accounts receivable invoices, their terms are based on the creditworthiness of YOUR CUSTOMER. The Factor will also help you realize if businesses are high or low risk, good or bad for your business.
Here comes the “infomercial” pitch: But WAIT there’s more!
That’s right! If you factor within the next 24 hours, you can:
Restore or INCREASE YOUR CREDIT RATING
Spend less time in the office
Grow your business
How can factoring restore and/or increase your company’s credit rating? Easily. The key to having a great credit score is paying your bills on time and not carrying too much debt. As a business, we understand the challenges of waiting too long for customers to pay. You need cash to cover day-to-day business expenses, pay employees and more. Less cash on hand means an increase in late payments from your business which can become a day-to-day nightmare for your company and even personal credit score. Once your late on a few bills and even worse behind on payments every week, it ends up costing you a lot more to bail yourself out.
Having a good credit rating is important for your business. Yes, factoring your open accounts receivable invoices allows you to have access to unlimited cash flow (limited only by how much business you complete). However, there might be a time when you need to borrow a larger sum of money as you grow and expand. For example – In the case of a start-up, it’s usually the personal credit of the business owner themselves that is on the line when trying to get a traditional bank loan. But what if the personal credit of the business owner is just okay, and doesn’t meet the requirements of the local lending bank? You don’t get the loan, that’s what happens. So if you’re looking to get paid from assets you’re business already owns, like your accounts receivable invoices then give factoring a try, you’ll be glad you did and you’ll also be working toward establishing the creditworthiness of your business.
At Factor Bid, we thought of the hard working business owner who needs to cover daily expenses and dreams of growing their company to the biggest and best. Yes, we are awesome at what we do. How awesome are we:
We personally know and work with quality factors within every industry
We take two minutes of your time instead of hours spent traditionally in researching factor finance companies
At Factor bid -factors compete for the opportunity to buy your open invoices, so you get the best possible deal when factoring your accounts receivable invoices.
Don’t wait 30,45 or 90 days, submit your invoice at factor bid and get paid as soon as today for your outstanding invoices.
When factors know their competing for your business at the same time, they’re more likely to give you their very best offer right out of the gate in order to win your business, which means a better rate, better terms and more money in your pocket!
Factoring on the GO!
Download Factor App – the only factor financing app that gets you the most money for your A/R invoices.
Security Guard Companies Invoice Factoring -with increasing need for security guard services throughout North America, make sure your company can is cash flow positive to cover employee payroll.
Investing in factoring gives your company the predictable cash flow that can be used to invest in the latest technology for your security guards. Provide your clients with top-notch security services and state-of-the-art technology can help set your company apart from your competitors.
Factors can also help with your backend accounts receivable invoicing and collections. Give your company an advantage over competitors. Get paid right away on your outstanding invoices and grow your company faster. Don’t turn down huge accounts with lucrative payout potential because you don’t have the capital on hand to support additional day-to-day expenditures. Partner with a factor finance company and start treating your accounts receivables as assets that can provide immediate increased cash flow.
Cash flow is often a problem in any growing business. You’ve got expenses and typically the business is forced to carry those expenses for several months until customers send in payments. Factor finance will let you sell your accounts receivable invoices at a discount, keeping the business cash flow positive and allowing for faster growth and better quarterly profits.
Security companies have ongoing expenses each month. Not only do you have to make payroll for your security guards. You also have to invest in the right equipment and even be able to offer tailored services to your clients.
Factoring security guard services invoices is very straight forward. When you sign-on a new client, complete the service job or project and send in the invoice, the factor advances you a large portion of the total invoice amount. This way, you’ll have the cash you need to cover weekly and monthly expenses. Once your client pays the invoice in full, the factor will pay you the remaining reserve amount, minus a small factoring fee that you have pre-negotiated in advance.
Factor is much different than a bank loan. With factoring you don’t have any funding limits like you might have with a traditional bank loan. Banks tend to limit how much you can borrow, and renegotiating that limit can take a good deal of time. With factoring, your line of credit continues to expand as your business grows and you take on more new clients. This way you’ll have predictable cash flow and won’t need to resubmit financials, documents and business credit history to ask for an increase from the lending establishment, like a bank.
Factoring also doesn’t need a long list of assets and you don’t need to have a substantial credit history. In fact with factoring, the service provider is more concerned with your clients’ ability to pay, as opposed to your credit history.
Another key advantage that many security agents don’t consider when considering the idea of partnering with a factor finance company is the benefit of someone else handling the administrative duties related to background checking new customer clients. Following up on outstanding invoices and collecting receivables due on outstanding invoices can be a tedious job for anyone. It’s these small value-add services that add up and can save your growing company a significant amount of time and money!
We’ve seen more security companies looking to secure more government projects. With a factor finance company as your finance partner, you’ll have access to predictable cash flow so you can pursue government contracts with confidence, knowing that your factoring company is supporting you every step of the way.
It’s recommended that when you’re ready to factor your security guard services invoices you get a few competitive offers. Decide from a few different factor finance companies which one best fits the needs of your company today. You can do this by using Factor.bid when choosing which factor is right for your growing business needs.
Visit www.factor.bid today to get started. It’s free and you’ll get a few offers from the top factor finance companies that specialize in security guard services invoice financing.
You can also use your mobile devices to find the best factor to buy your accounts receivable invoices by downloading Factor App.
Collecting on unpaid invoices can be one of the most tedious tasks in running a business. If you’ve got open accounts receivable invoices and slow-paying customers, you’re probably faced with a cash crunch within your organization.
There is a sense of accomplishment and pride when you invoice a customer. The feeling that you’ve done your job and delivered on what you promised. But how do you add a sense of urgency to your invoice collection process, and get customers to pay on-time or even a little early?
Collections should be seen as one of the most important functions in your business, second only to client services. Spending time in collecting open invoices brings in much needed cash your business uses to pay bills, cover payroll, hire more employees and stay competitive in your industry. Without a good collection plan in place, outstanding invoices will pile up and may even force your company out of business.
So what’s the best way to collect on those slow pay or open invoices? First off we need to start with a collection system. A system that helps with vetting potential new customers and even existing customers you’re working with today!
DESIGN & IMPLEMENT A SMART COLLECTION SYSTEM
Step 1 -Avoid bad paying clients by checking their credit and payment history. Before agreeing to offer a net 30 payment plan to a client, check their recent and previous payment activity.
Commercial credit reports are inexpensive and can be purchased quickly from companies such as Experian, Dun & Bradstreet and Ansonia. These reporting companies offer assistance and can even help with establishing a suggested credit line.
Once you’ve established they are credit worthy, establish a good follow-up process to make sure you’re always in front of any potential future issues.
Step 2 -Use the correct contracts for your business. Every sale you make should be governed by contract. Contracts should be designed by an attorney and should outline deliverables, time frames, how any dispute may be handled and payment terms and expectations.
You need to have it writing! The contract must outline when payment is due and what expectations are required to earn such payment. If you’re offering terms and you don’t have your agreement in writing, you’ll have little recourse if legal action is required.
Step 3 -Use a delivery acceptance letter for services rendered. The letter should state the work has been completed and/or products have been delivered to the client’s satisfaction! The client should sign the acceptance letter to verify their satisfied with your work.
An acceptance letter will help you identify any potential issues between you and you client at time of delivery. If your clients does not want to sign the acceptance letter, then you have a big problem. It’s better to know there is a problem immediately, in hopes that you can fix the problem right away and get back to business as usual in the days ahead.
The acceptance letter may also come in handy at a later date, in the event you have to send your customer to collections for non-payment. Remember the objective to having an acceptance letter, is to prevent collection problems from happening in the first place.
Step 4 -Send the Invoice and job paperwork promptly. As soon as the work is completed, send an invoice and any related paperwork that is needed to supports the invoice. For example the acceptance letter would be a smart supporting document that you could include when sending the invoice for payment.
Follow the payment proceedings outlined in the agreed contract. If your client requires open invoices to be sent to their accounts payable department, with a copy to the owner or project manager (or someone else), do so. Not following the payment clause listed in the contract my cause payment delays.
Step 5 -Follow up! It’s always a good idea to follow up with clients on a regular basis. On the same day you’ve sent the invoice out for payment, follow up to make sure the client has received your request along with all of the necessary documentation they need to close and pay the invoice.
LATE PAY OR PAST DUE INVOICES -Once an invoice is 5 days past due, pick up the telephone and call the client to see what the issue is. Follow up the call with an email about what you and the client talked about on the phone and ask for their confirmation in the email. Make sure you’re both on the same page and have come to a conclusion, so you can get paid.
If there was no issue and the client is simply behind, make sure and secure a new payment date. Lock it in and send that new payment date in the follow up email as well.
If the payment date is missed for a second time, wait a few days and repeat the above process. If the client misses multiple payment dates, then you may need to submit to collections.
It’s important that you always remain professional and treat your clients with respect. You will have better luck collecting slow-paying invoices by remaining professional and keeping your composure throughout.
KNOW WHEN TO USE OUTSIDE HELP -There is always a chance some clients will not pay. In this case you may need to hire an attorney or start working with a collections agency. These methods can be expensive and take time away from running your current business operations. Dealing with past due and unpaid invoices as well as collection issues distract you from focusing on business growth. You may need a professional third party to help handle it with you and their best interests in mind.
PROFESSIONAL THIRD PARTY -Factor finance companies can help in designing and implementing a smart collection system. In some cases a Factor can become an intricate part of your back office. Why would they do this you may wonder? Because when a Factor is providing you up-front cash flow for your open invoices, they want to make sure the invoice is paid on time and no additional collections are needed.
Factors can help with quick credit checks, providing payment history and a good risk assessment of the customer. A Factors recommendations may even prevent you from having bad customers, and allow you to focus on growing your business as quickly as possible. It’s always nice to have a reserve of cash you can tap at a moments notice.
Factors have been collecting payment on invoices for years and know what to look for in customers that pay slow or have some type of issue in making payment. There experience may lend some solutions that you may not have thought of.
So if you’re looking for some back end office assistance in collecting your accounts receivable invoices and need more cash flow to grow your business, cover expenditures and make payroll; use Factor.bid to match your business with the right factoring company today.
Factor.bid -enables you to shop your open invoices. Factors compete for the opportunity to earn your business and buy your accounts receivable invoices for immediate cash.
Factor.bid is free to use and is an essential part of deciding which Factor is right for your business. Which factor can provide the correct financing for the industry that your business services. Not all Factors are the same. Make sure you’re getting competitive bids to buy your invoices.
Check out www.Factor.bid for back end office support when designing and implementing your accounts receivable collection system and get paid for your open invoices as soon as today.