Cash Flow Plan B – business finance awareness

What is your company’s Plan-B and does it cover cash flow gaps caused by slow-paying customers?

capital,cash flow,business line,loan,finance,factor bid,factor finance,invoice financing,asset lending,plan b financing,receivables factoring,best factoring company

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!

Do your customer slow-pay on purpose, you may be surprised at who’s admitting to it.

Is the long tail of your suppliers killing you? The growth of your company may be suffering due to the actions of slow-pay customers. This is not acceptable and we know a simple and easy way to fix slow-pay accounts.

Over half (57%) of international businesses surveyed by Basware and MasterCard admit to having actively delayed paying their suppliers in the past 12 months.

This can be solved with by enabling working capital optimization also know as Factor financing (receivable invoices) which allows buyers to better manager their cash flow and for suppliers to get paid sooner.

“When three quarters of businesses have more than 50 suppliers and about two thirds send and receive more than 100 invoices a month, a culture of late payments impacts individual organisations as well as the economy as a whole,” said Esa Tihilä, CEO at Basware.

SLOW-PAY RECEIVABLE ACCOUNTS ECONOMIC SUPPLY CHAIN KILLER

business working capital,supply chain,slow-pay,invoice finance,factoring,receivable invoice finance,debtor finance,factor bid,factor app,finance,working capital,asset lending,best factoring company

When asked –

  • Three quarters (70+ per cent) of decision makers think late payment is a fact of business and will always happen, despite 90 per cent acknowledging that payment delays have wider repercussions for businesses, such as the ability to pay staff or reduce investment.
  • Only about 1 in 4 businesses today have automated processes to manage payments efficiently
  • Two thirds (67 per cent) acknowledged that they have used payment terms as a strategic tool to help manage cash flow

If your business is tired of slow-pay accounts and strenuous cash flow gaps then click here to compare invoice finance offers..FREE! Unlock cash when you need it, as soon as you need it! More working capital at your fingertips in a matter of a few hours.

NOTE: LOUDHOUSE surveyed 1,015 strategic decision makers with a view of both Accounts Receivable and Accounts Payable processes and issues across ten countries (Sweden, Finland Norway, Germany, UK, Denmark, Netherlands, Belgium, US and Australia) in mid-2014 to gather the above metrics.

Here is what you need to ask yourself when seeking more profit from your business

A businesses desire to scale shouldn’t be entirely based on demand for their product or service. Demand will certainly play a large roll in how or when a business will scale. To Scale your business effectively means anticipating demand, not reacting to it.

If a company acquires two or three new clients and then realizes it can not fulfill their demands, business growth efforts are likely to collapse. This kind of activity leaves room for competition to move in and service unhappy or under-serviced customers.

predictable cash flow, future cash flow,factor bid,invoice finance,factoring,receivables finance,finance,accounts receivable invoices, factor app

Predictable cash flow provides a business the flexibility it needs to stay competitive, grow quickly, fulfill new customer demands and generate more profit.  Do you know what your predictable cash flow is?

How Does A Business Realize Predictable Cash Flow:

Build in sustainability and scalability in order to make sure future cash flow is predictable. Examples;

  • Lock in customers – Offer incentives, sign contracts, improve customer experience to ensure customers are incline to work with you over the long haul.
  • Implement a consistent sales and marketing process – Design a process, train  your sales staff, put performance metrics in place and hold your team accountable.
  • Make delivery of your products and services scalable and repeatable – learn from your mistakes, identify cash flow gaps within your sales cycle and figure out how to eliminate existing problems.
  • Free up cash flow from slow paying customer accounts – Factor finance your accounts receivable invoices to get money your customers owe you today, instead of waiting 30 or more days.
  • Once future cash flow becomes more predictable, fulfilling new larger client accounts and efficiently servicing existing client accounts becomes much easier.

Don’t worry about the cost of doing business along the way. It takes money to make money and scaling a business successfully is challenging; mistakes will be made and you may even overspend occasionally. Learn from your previous business activity and implement a strategy to avoid similar mistakes the next time around. Hire people to help you strategize, attend local small business events to discover new ideas and most of all keep a positive frame of mind.

To get access to immediate working capital you may need to pay as you go so you can profit as your grow! Leverage assets within your business, like your accounts receivable invoices or promised payments, so you can increase cash flow and go after larger new customer accounts.

*Free Small Business Finance Resource:

When you’re ready to unlock money trapped in your accounts receivables, visit www.factorbid.com to compare invoice offers to buy your invoices. Factor bid is a free service for small businesses. Factors compete for the opportunity to earn your business and buy your invoices. You’ll get the knowledge and leverage you need to negotiate the best deal and most money when factor financing your accounts receivable invoices.

 

Financing across different industries; Your business qualifies for immediate cash, see why!

At Factor Bid – we match business owners with finance companies that specialize in their industry. Not all finance companies are the same, and finding even one that specialize in your industry can be extremely frustrating and time consuming.

By getting competitive offers from the top finance companies that match your industry, your business has the opportunity to receive the best deal and get the most money upfront when seeking working business capital.

Factorbid’s financial database of lenders offers funding options suitable for a wide array of companies across many industries. Regardless of the industry your in, firms all have one thing in common, they require working capital to survive and almost always need access to funds immediately.

FLEXIBLE – FAST – CONFIDENTIAL AVAILABLE FINANCING PROGRAMS:

finance offers,merchant cash advance,factor bid,factor app,accounts receivable invoice finance,factor finance,receivable finance,AR funding,factoring,best factoring companies,asset lending,competitive offers

Accounts Receivable Financing

Business Line of Credit

Doctor Loans

Working Capital Gross Sales Loans

Equipment Leasing and Financing

Franchise Financing

Merchant Cash Advance

Purchasing Order Financing

Small Business Loans

Traditional lending institutions, such as banks, are not the best source for businesses seeking loans under $1,000,000.00 dollars. Banks need to make a greater profit margin on the monies they lend, and the larger the loan the greater the profits. Banks also have tighter guidelines and longer approval times than alternative lenders.

Over half of small businesses that apply for loans are turned down by traditional lending channels like banks, either for lack of business history, high net revenue returns and/or creditworthiness. Once business owners discover there is a faster and easier way (called factoring) to acquire access to business cash flow, they jump at the opportunity to grow their business.

Business Financing Programs Increase Cash Flow To Cover Payroll, Grow Your Business Faster and Afford Day-To-Day Expenditures.

Accounts Receivable Financing – is the use of receivables as collateral to generate immediate capital. Also called Invoice Factoring, purchases a businesses accounts receivable invoices for cash and usually includes some type of credit management service and bookkeeping service too.

Small Business Loans – Get access to a variety of loan options including unsecured small business loans, not traditionally offered by banks. Loan approval is not based on profit/loss, past credit history or open tax liens.

Business Line of Credit – Unlike traditional lenders, our finance companies offer limited paperwork, and the loan criteria is much different that that of a bank. Loan approval is not based on personal credit histories and the approval process is fast and businesses only pay for what they use.

Equipment Leasing and Financing – Flexible repayment terms, typically 1- 5 years to repay and no vendor choice restrictions.

Purchase Order Financing – PO financing will enable your company to obtain cash that is advanced against impending purchase orders. This lending model helps business owners that need fast access to working capital to fulfill purchase orders.

Franchise Financing – If you need assistance in a business financing program for franchisees looking to expand or upgrade their existing franchises, then contact us for assistance in getting a few competitive offers.

Doctor Loans – Access specialized funding for medical practitioners like dentists, pharmaceutical professionals, veterinarians, chiropractors, optometrists, home health care professionals, primary care physicians, specialists and more.  Looking to purchase new equipment/technologies, expand or simply increase cash on hand to circumvent slow-pay insurance payouts, then contact us today to get the best deal from competing finance companies.

 

Vendors and Merchants Selling on 3rd Party Sites Like Amazon can Expedited Cash Flow by Leveraging Owed Payment Assets.

If you’re a merchant or vendor selling on Amazon, Zulily, or other third party e-commerce platforms and are tired of waiting weeks – months to be paid. Take a look at factoring; because even though you might not actually invoice platforms for payments earned, the promised payments are equivalent to (customer invoices and therefore represent an asset) that your business can leverage to expedite cash flow and grow more quickly.

invoice finance,online vendor,online merchants,third party e-commerce sales,accounts receivable invoice financing,finance,factor bid,receivables finance,factoring,best factoring company,factor app

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. A business will sometimes factor its receivable assets to meet its present and immediate cash needs.

If you’re business has promised payments – they are equivalent to customer invoices and can be used as a financing asset!

App Developers, e-commerce vendors and similar third party suppliers of goods can immediately increase cash flow by factoring payments owed by selling platforms, instead of waiting weeks or months to be paid.

E-Commerce Third Party Platforms:

These huge third party platforms make it possible for manufacturers of any size to bring their goods to a worldwide marketplace, quickly and efficiently. If you’re a vendor and sell on third party e-commerce sites, don’t wait 30-60 days or longer to receive payment on goods sold. Factor finance to get up to 98% of the promised payment as soon as a sales report is issued.

Time Spent Waiting:

Time spent waiting means lost opportunities. When your cash is tied up in owed payments, it makes it tough to take on more new business and/or produce bigger orders for new and existing clients.

Opportunity Costs Incurred:

The opportunity costs incurred by both vendors and merchants is equivalent to any orders they have to turn down or delay due to lack of working capital, not to mention the extra savings they could realize by accessing immediate cash flow to take advantage of suppliers quick-pay discounts and perks.

Supply Chain Financing:

Invoice factoring is a robust supply chain financing tool that eliminates opportunity costs, by freeing up capital owned to merchants by third party platforms like Amazon, Zulily, etc. Instead of waiting 30-60 days for payment, get paid within hours of the issued sales report.

Likely Payment Percentage:

When factoring business payments owed by third e-commerce platforms like Amazon, you’ll receive an immediate cash injection up to 98% of the original promised payment “as soon as the sales report is generated” in exchange for a small factoring fee. The fee range is based on a few different variables and your company operations, however may be as little as 1% of the promised payment amount.

Cash Flow Management:

Cash flow management is crucial to the success of any small business. If you’re company needs to spend money to make money, such as vendors and merchants that sell through third party sites like Amazon, then utilize factor financing today to grow your business quickly and make more profit.

If access to flexible working capital will help your business now, instead of waiting 30-60 days or longer for third party payments to arrive, then invoice factoring is a smart option to help your business grow, cover cash flow gaps and pay daily/weekly business expenditures.

Snap Shot:

Vendors typically reinvest in inventory, supplies and their workforce quickly in order to stay relevant and sell through third party e-commerce sites like Amazon and others. However if you’re being stalled or having to wait 60 days or later to be paid, you’re company can run into cash flow gaps which prevent you from operating as efficiently as your competitors, even costing your business to suffer over time.

Turnkey Solutions:

Speed up cash flow with supply chain financing called (invoice factoring) which gets you a large percentage up to 98 % on promised payments as soon as a sales report is generated and is ideal for merchants and vendors that sell through third party e-commerce website platforms. To find the best factor finance partner, visit www.factorbid.com to get a few competitive offers and immediate cash for your promised payments and/or sales reports.

Finding The Best Finance Company, Fast:

Factor bid is the only application that instantly matches your business with factor finance companies that specialize in your specific industry; for example Invoice Factoring for Third Party E-Commerce Vendors and Merchants. It’s important to realize that not all factoring companies are equal. A finance company that specializes in your industry is going to be more knowledgeable, provide better options and ultimately be more aggressive in offering you the best rate and terms.

Factor bid is a free resource for business owners. You’re under no obligation to factor. See what your options are and how much capital you can immediately access for your business today!

Factoring On The Go?

Download Factor App and submit your accounts receivable invoice fast! Get paid as soon as today!

download factor app,finance,factoring,receivables,debtor finance,factorbid

Factor App for your iPhone

Factor App for your Android Phone

 

 

 

Hold my check.. I can’t live like that

Cash flow is king. You need immediate access to money to run your business successfully in today’s uber competitive business world.

Capital tied up in your accounts receivable invoices in bad for business. The simple answer is Factor Bid.

www.factorbid.com

compare invoice finance offers,factorbid,finance,invoice financing,factor financing,accounts receivable invoice financing,asset lending,business line,business capital,business credit

  1. Submit your invoices at Factor bid website
  2. Submit your invoices using Factor App
  3. Complete your custom online application

Factor bid is fast and secure. Get a few competitive offers to buy your open accounts receivable invoices for immediate cash!

When Factor Finance Companies Compete, YOU WIN!

Simple Benefits of Factoring Invoices

  • Increase cash on hand
  • Pay off debt, taxes, payroll tax and suppliers
  • Cover employee paychecks
  • Build your company credit faster
  • Bookkeeping assistance
  • Grow your business faster and stay competitive

ps. happy fathers day to all you hard working dads!!

Home Healthcare Companies | Home Healthcare Agencies turn 60 day slow-pay Medicare, Medicaid and Insurance invoices into accessible capital to grow your business faster!

Home healthcare companies and agencies, if you’re currently billing insurance to collect outstanding Medicare, Medicaid or Third-Party Insurance payments for services rendered -you’re a good candidate for factoring.

Factoring increases your cash flow by giving you immediate access to a portion of your total outstanding receivables. Covering payroll for home healthcare nursing that’s being billed ’24 hours a day 7 days a week’ can get expensive. Especially if you’re not getting paid for 30-60 days. That’s a lot of money going out with little or no money coming in every week!

home healthcare services,invoice finance,factoring,asset lending,receivable finance,factor finance,business capital,business growth,medicare,medicaid,bluecross,blueshield,commerical insurance,net60,accounts receivables,finance,factor app

If you’re wondering why you’re still a single location home healthcare agency and only grossing between $1m-$2m ‘million’ dollars a year; it’s most likely because you don’t have the upfront capital you need to hire and train more staff in order to service more new customers.

Access to predictable cash flow every month by factoring your home healthcare services invoices will help you increase market share, open additional locations and even increase your gross revenue earnings to 10 times what you’re currently generating today.

The answer is right at your fingertips. Let’s take a closer look at financing those accounts receivable invoices that keep piling up due to slow-paying insurance companies.

The right factor finance company is going to become one of  your greatest assets. Handle your accounts receivable and accounts payable like a true pro. With years of experience under their belt a factor is going to understand your pain points right away and integrate a system to help solve them and keep you on track to more profitability.

Years of experience and dealing with over 400 different types of billing software, state government regulation fee schedules, Medicare percentage coverage, Medicaid percentage coverage, Commercial Insurance coverage rules and regulations as well as determining the ‘true value’ of any accounts receivable invoice will help ensure your company doesn’t get into any future bad debt scenarios; by over estimating billing receivables, miscalculating monies owed or mishandling of company bookkeeping.

This may be just what you need. A fresh start and a fresh look from an outsiders point of view with years of experience and knowledge on hoe to keep your business running efficiently and more profitable.

If you’re business is looking to grow, factoring can help utilize business capital that’s tied up in your home healthcare accounts receivable invoices. If you’re open to seeing what your options are then do yourself a factor and visit Factor Bid to find out how you can find the best factoring company and get the best deal when financing your home healthcare invoices.

BENEFITS OF HOME HEALTHCARE SERVICES FACTORING 

  • Increased Access to Business Capital
  • Flexible Financing term
  • Quicker Payment for Services Rendered
  • Faster Growth Potential
  • Increase in Market Share
  • Finance Partner with Years of Experience and Knowledge in Your Industry

It’s important to know that factor finance companies make money when you make money. It’s in their best interest to help you grow faster while keeping your business lean and efficient, resulting in an increase in annual sales volume and return on investment.

Capitalize on the experience that a factor finance partner will bring to your business. Get payroll taxes under control, pay off higher interest rates and invest your earned revenue back into your company faster so you can stay competitive in the industry.

CHALLENGES IN THE HOME HEALTHCARE INDUSTRY

Some challenges Home Healthcare companies face today when trying to grow their businesses quickly and stay competitive are;

  1. Access to immediate cash flow to grow your business is not easy. Traditional bank loans can take several months. A factor can usually get you financed in just few short weeks, even providing a line to help with any immediate cash flow gaps, until your factoring agreement is approved.
  2. No all factor finance companies facilitate home healthcare services invoices. In fact it is a very niche industry and locating even one finance company that has the knowledge and know how to handle the home healthcare industry can be a tedious and challenging job for any business owner.
  3. Home healthcare receivables are non-assignable which increases the risk of financing them. This limits the number of quality finance companies that will fund home healthcare invoice receivables.

Experience counts, in the home healthcare industry especially. Make sure your’re getting a fair deal by choosing the right factor finance partner.

Get a few competitive offers by visiting www.factorbid.com and choosing the “Get Started” feature.  The right factor financing partner is just a few clicks away.

Factor bid matches your industry invoices with a few of the top finance companies that specialize in your industry and have the knowledge and experience needed to finance your receivables for the most competitive rate. Try it today for free!

Capital Solutions for Small and Mid-Sized Firms

Factor Finance 101, obtain cash flow in an orderly fashion

Businesses can factor their outstanding accounts receivable invoices as a way to obtain capital in order to cover business expenses while experiencing growth.

Cash is king and immediate access to ‘cash flow’ is sitting right on top of your desk, tied up in accounts receivable invoices.

invoice offers,factor financing,factor bid,finance,factor app,receivables finance,accounts receivable invoice finance,asset lending,best factoring companies,offers to buy your invoices,cash flow

Factor Finance 101

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.

Quick Terminology to Know:

  • Account Creditor – Usually that means you, or the Business and provider of goods and services
  • Advance Rate – The amount of money fronted to the company factoring accounts receivable invoices – as a percentage of the total invoice amount (not the full invoice amount).
  • Customer – Referring to ‘your customer’ responsible for paying the outstanding invoice.
  • Debt Finance – Capital secured in exchange for a commitment agreement to pay interest in addition to the principal amount borrowed.
  • Discount Fee – A fee assessed by the factor finance company that you have an agreement with to purchase your accounts receivable invoices for cash. The discount fee is calculated by the amount of the invoice, the length of time it takes to collect the owed funds and the creditworthiness of your customer.
  • Equity Financing – Capital secured in exchange for an ownership percentage interest in a company.
  • Factor Finance Company – A company that provides operating capital to business owners by purchasing their open accounts receivable invoices
  • Factoring – The purchase and collection of accounts receivables
  • Non-Recourse Factoring – A period in which accounts purchased by a factor remain the factor’s accounts and do not revert to the account creditor if unpaid; due to an insolvency event. A factor accepts full credit risk for any and all accounts purchased during this period.
  • Recourse Factoring – A period in which accounts purchased by a factor are able to revert to the account creditor if unpaid due to an insolvency event.
  • Rebate – Percentage paid back to you, minus the factors fee, once the debtor (your customer) has paid the invoice in full.
  • Reserve – Money that is held back as security by the factor to reduce their total liability in collecting the total and full invoices amount from the debtor. [ie., the advance rate + the reserve = 100 percent of the total invoice amount]

Turn your receivable invoices into immediate cash flow by factoring. Factoring is the conversion of accounts receivable invoices into cash by selling those outstanding invoices to a third part (called a factor). Factoring is especially important for companies in early stage development, during rapid growth or even financial hardship.

invoice finance,factoring,factors,best factor finance company,factor bid,offers for accounts receivable invoices,invoice factoring,receivables finance,asset lending,business capital

Factoring will help to fill in the gaps created when your company delivers goods and/or services and when customers finally pay. The time in between is a gap, in which you’ve delivered but not yet been paid.

Many business owners worry that they don’t qualify for factor financing due to; not enough years in business or lack of adequate business credit. Well good news, factors actually base their decision on your customer’s credit history, not yours. If your customers are good creditworthy customers, then your business is most likely a very good candidate for accounts receivable invoice factoring.

Factoring is a simple and fast way to obtain business capital. Your outstanding invoices are considered an asset and you won’t add any new debt on the books by factoring. You can access a portion of your total invoice amount, usually up to 95% of the face value of the invoices. You’ll receive the other 5% of the invoice value, minus the factoring fees when the debtor (your customer) pays the outstanding invoice in full.

With factor financing you’ll be able to obtain cash to help your business without needing personal collateral or increasing interest expenses from other lines of credit you may be using. Remember, invoice factoring is not a loan and will not add debt to your balance sheet. You won’t accrue interest or penalties, like with traditional loans and the factoring fee is clear and agreed to by you and the factor before your first invoice is funded.

Factoring fees can be a flat fee or can fluctuate – so it’s important that you use factor bid when looking for the best factor finance company to finance your invoices, you’ll get a few competitive offers from factor finance companies eager to buy your invoices. Factor bid is free and gives the knowledge and leverage you need to make the best decision for your growing business, and ultimately get the best deal when factoring receivable invoices.

Build your business credit fast with factoring. With predictable cash flow on hand, your business will have access to money to payoff debt, pay overhead, salaries and accounts payables. This will help reduce your  business debt, increase on-time payment history and ultimately improve your credit history so you have more options from vendors and other financial institutions moving forward.

Mange your business operations more efficiently and hire employees to help maintain and acquire new customers. Let’s face it, you can’t do all the work! Let professionals help your business be a success today!

There is no reason your business should have to wait to be paid, while your customers use your money to grow their own business. Get paid within 24 hours of delivering goods and services by selling your accounts receivable invoices for immediate cash flow.

Factoring on the Go! Grab our free financing app called Factor App

download factor app,finance,factoring,receivables,debtor finance,factorbid

Factor App for your Apple iPhone

Factor App for your Google Android Smartphone

(Wondering about the terminology 101 and where it may have originated from? look no further – Somewhere along the line, “101” migrated out of academic institutional jargon and into popular mainstream slang.)

Smart business owners know – it takes money to make money

If you’ve been in business long enough, it’s because you know it takes money to make money. You need cash flow to purchase supplies, hire employees, pay rent, cover payroll,overhead and other day-to-day expenditures that arise at a moments notice.

competitive offers to buy invoices,increase cash flow,business capital,increase net profit,business growth,factor bid,factor financing,receivables finance,accounts receivables,asset lending,finance

What does the impact of FACTORING do for you?

Let’s take a quick look at your current business expenditures and profits and then add in factoring to see if the saying holds up “It takes money to make money!”

money,business capital,finance,factoring,invoice finance,gross margin,cost of factoring,indirect labor,direct labor,annual sales,factor bid, net profit, net additional income from accounts receivable factoring

As an example from the diagram above –  you can see that part of making more money each year is having more annual sales and additional labor costs to help facilitate company wide growth.

Factor finance companies want you to be successful. The better you do, the better they do. What it boils down to for most smart business owners that already figured out how to unlock cash tied up in their accounts receivable invoices is if you expect to grow at a competitive rate, then you need a financial backer like a factor finance company.

Factoring doesn’t add debt to your books, since accounts receivable invoices are an asset on your balance sheet. Unlock capital that’s trapped in your accounts receivables and start growing your business at a faster and more profitable rate today!

Remember – not all factor finance companies are the same. Visit www.factorbid.com to get a few competitive offers from the top factor finance companies that specialize in factoring invoices in your specific industry.

When factors know they’re competing to earn your business you get the most competitive offers to earn your business!

Factor App – invoice financing for business’ on the go!

download factor app,finance,factoring,receivables,debtor finance,factorbid

Download Factor App on your iPhone for Invoice Finance Offers

Download Factor App on your Android Smartphone for Invoice Finance Offers

Nurse Staffing Factoring (invoice finance) competitive offers

Nurse Staffing Factoring and the benefits for your growing staffing organization without adding any new debt to your books.

Tired of waiting months on end to be paid for your temporary nurse staffing services? Is your ability to meet payroll, hire new temporary nurses and new business expansion being affected by slow-paying clients? If yes, you’re not alone. In fact that’s why nurse staffing factoring exists.

increase cash flow,factor bid,finance offers,factoring,invoice finance,accounts receivables invoice factoring,nursing,healthcare,homecare,private duty nurse,general nurse staffing,locum tenens,factor app

Nurse Staffing Invoice Finance – It’s easier than you think! Your nurse staffing agency can get the cash flow it needs quickly and without accruing any additional new debt or compromising your present obligations to payroll, taxes and vendor invoices.

The healthcare services industry continues to thrive and grow quickly. Take advantage of financing and give your company a chance to compete with other industry nurse staffing agencies in your market and local area. Grow your staffing agency at a higher percentage by accessing immediate capital and the benefits and flexibility that come along with it.

Factor finance companies understand the unique challenges faced by agencies staffing nurses in;

  • Hospitals
  • Medical clinics
  • Nursing homes
  • Long-term care facilities

Even the most well managed, profitable small to mid-size nurse staffing agencies experience cash flow gaps and some difficulties as rapid growth occurs, due to clients extension of payment on term invoices.

Easy steps to follow when seeking capital for nurse staffing agencies invoices:

  • Staffing Nurses, the factor verifies the invoice(s) and checks the credit of any potential new client prior to funding invoice(s).
  • Funding is available within 24 hours upon verification of invoices.
  • Nurse staffing agency’s clients pay the factor direct for purchased receivables.
  • Once the client has paid the invoice, the factor will release the reserve, minus any factoring fees.

Instant payroll funding is available for different nursing industries;

  • Private duty
  • Homecare staffing
  • General Nursing staffing

Stop stressing over slow-pay customers. Factor finance your invoices and focus on growing your business in the already rapidly expanding healthcare services marketplace. Don’t miss out on large opportunities because you can’t meet payroll and other weekly operating expenses.

*Choosing the right factor finance company can be difficult. However smart nurse staffing agencies use Factor Bid to get a few competitive offers for their invoices. When factors know they’re competing for your business, you get the best deal! Visit www.Factorbid.com and find out within a few minutes which factor finance company has the best offer for your invoices.