Source of funds and your business growth

Once you know your needs, you need to determine where the money will come from (source of funds). Don’t overlook this important piece of your business planning. Of course the idea is for your business to generate enough cash flow to pay for business expenditures plus your personal living expenses and more.

Assets:

To start – list any assets and cash that you are contributing to start-up or for expansion. Show the full amount of any lease, loans, investments by partners or other investors, etc.

Personal Requirements:

List funds you need to meet your personal living expenses. This will help in determining your projected cash flow each month or quarterly.

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Cash Flow Projections:

One of the things to remember in preparing your business cash flow projections is you’re not trying to determine profit or loss yet, but instead the timing of money coming in and going out of your bank account.

Sales Forecasts:

The sales forecasts you’ve done are formulated to carry forward to your ‘Cash in’ – providing an estimate of cash in your business. This helps demonstrate any terms you may provide to your customers for payment.

example; If you agree to accept payment in 30 days, a sale in February will show up as cash to your business in March under line item “Accounts Receivable”

Cash Flow Gaps:

If at the end of your lists, you see cash flow gaps, places where you may be short on funds during a specific time of the month / year, you may need to consider alternative financing (factoring) to help cover those gaps.

Remember sales may vary during peak sales season vs low activities that can occur during slower times of your business cycle or even when vacationing takes place.

Accounts Receivable:

Accounts receivable is a legally enforceable claim for payment held by a business against its customer/clients for goods supplied and/or services delivered in completion of the customer’s order. These receivables are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in the business balance sheet as an asset.

Factor Financing Receivables:

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.

Compare Invoice Financing Offers.. Free:

It’s recommended that you get a few competitive offers when deciding which factor finance company best fits your business financing needs. Factoring your receivables will help your business access immediate source of funds and cover any problematic cash flow gaps.

Factor Bid:

Factor Bid is a free online resource for small to mid-sized businesses. Visit www.FactorBid.com to get started comparing offers from competing finance companies to buy your accounts receivable invoices for immediate cash. No more waiting Net30 or Net45, get paid for your accounts receivables within 24-48 hours.

Quick and Easy Small Business Funding Offers – Get The Best Deal Today

Fast Small Business Loans:

Looking for working capital for your business today? Qualify for our fast small business loans quickly. Click here for business funding and you’ll get competitive offers from financing institutions to finance your growing business.

Traditional bank loans require specific collateral before they will lend to your small business. Get alternative small business loan ranging from $5,000-$250,000 with a general lien on business assets which is removed once you’ve satisfied/repaid the loan. Unlike a bank, the ‘value’ of your assets are not considered in the funding decision.

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Typically small business loans are from 3 to 24 months and the personal guarantee is only required for this time. Small business owners get the small business loans needed without securing hard assets. Use your loan for short term expense, to cover cash flow gaps and pay your loan back quickly to manage expenses.

Funding Amount: $2,000-$250,000+

Funding Term: 3-24 month*

Repayment: Automatic daily debits from your merchant account / small business account

Collateral: No business collateral required, pledge of only business assets for qualification

Eligible Business Type: From accountants, doctors, construction, Oil/Gas Industry, retail, manufacturing and over 200 others

Funds: Money in your account as soon as tomorrow. Fast and easy approval

Funds Usage: Can be used for most business purposes

See how much your business qualifies for today! Get Started

On-time cash flow, the difference between growing business or going out of business

Working capital in today’s fast paced business world is proving to be a necessity. You gotta have cash today or face the consequences tomorrow.

Use to be that money on the books meant you really had nothing to worry about, right? Customers owe you money, you invoice those customers for payment and eventually when they get around to it, you get paid. They promise you payment, you promise others payment and so on and so forth.

So businesses start running accounts payables based on outstanding receivables, anticipating payments from extending terms to their customers and then budgeting their financial responsibilities accordingly. Until this happens.., your customers slow-pay or worse- don’t pay altogether. Now what? You’ve got bills due, promises to keep and you’re expecting that check; but now your customer is telling you you’ll have to wait.

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Waiting on accounts receivable payments can add a huge amount of stress to a business, not to mention the business owners. Many businesses run on razor thin margins in order to stay competitive, and don’t have the funds in reserve to finance slow-paying customers or cover payments for customers that don’t pay.

Take a look at your business operations today. If even one of your top 3 customers didn’t pay, could you continue to operate at the highest level of business operation or would it send your business in a downward tailspin of financial distress?

REDUCE, REDUCE, REDUCE and REPEAT

Reduce your liability in open accounts receivables. Reduce the amount of time spent collecting money owed to your business for goods and services that you’ve already delivered. Reduce bad-debt by unlocking capital trapped in your open accounts receivable invoices.

Factor finance companies have lots of money. They want to share their money with you and get you paid immediately for your invoices, usually within hours of invoicing your customers. Factors don’t mind waiting 30, 60 or even 90 days for your customers to pay up. They make a little bit of money by assuming responsibility of collecting the owed money and keeping your cash flush and on-time so you can keep running your business at the highest and best level.

Factoring your invoices enables you to get paid immediately. Think what you could do with more working capital right now.

  • Pay off higher interest loans
  • Purchase new equipment to increase productivity
  • Hire additional employees to help bring in new customers
  • Pay suppliers in advance to receive discounts on your purchased orders
  • Invest the money to expand your business model and generate additional income

However you decide to use your money, accessing it within hours of invoicing your customers will give you the leverage you need to stay competitive and grow your business brand much faster.

Choosing the Best Factor Finance Company in 3 Simple Steps

  1. Go to www.Factorbid.com
  2. Click “Get Started” button
  3. Choose the best available finance offer available today

Factor Bid gets you competitive offers from the top finance companies in that specialize in your industry. You’ll quickly be matched with the best rate, terms and offers today. Factor Bid is real-time and when finance companies now they’re competing for your business, they’re going to give you their most competitive offer right away or face loosing your business to one of their competitors.

Get the knowledge and leverage you need to negotiate the best financing deal for your growing business. Don’t risk not getting paid or the stress that comes with financing your customers while their businesses flourish and yours waits to be paid. Trade in those outstanding invoices for immediate cash flow and focus your time on gathering new customer accounts, not collecting money from completed work.

Factor Bid is a free online business resource for small to mid-sized business. You’re under no obligation to finance. Try it today to find out how much working capital your business can access!

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:

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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.

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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!

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Factor App for your iPhone

Factor App for your Android Phone

 

 

 

Checklist “Factor Financing”, everything you need to know.

When deciding on which factor finance company is best for your business financing, implement this checklist to find out everything you need to know before factoring. It’s recommended that you get a few competitive offers to ensure you find the best factor financier match for your growing business.

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CHECKLIST | FACTORING

  1. Use Factor Bid to compare invoice finance offers.. Free!*
  2. Use Factor Bid to quickly match your business with factors that specialize in your industry!
  3. Does the factor have experience in your industry?
  4. How long is the factoring agreement?
  5. How fast do you get paid?
  6. Do you offer non-recourse agreements?
  7. What is the benefit of a non-recourse agreement?
  8. How will you communicate with the factor and what type of reports will you receive?
  9. How often will you and the factor need to meet or talk each week?
  10. How quickly does the factor collect debts?
  11. How does their debt collection process compare with your debt collection system?
  12. What is the factors idea of a ‘quick response’; hour, half-day, day, week?
  13. How do you get a customers credit limit increased?
  14. What happens if a customer breaches their credit limit?
  15. What accountability is in place if the factors performance is unsatisfactory – for example will you be penalized and forced to pay charges for debts the factor fails to collect?
  16. How will the factor handle debt collection? What is the process and methods used?
  17. When will statements be sent out?
  18. What happens if a customer disputes an invoice?
  19. How will the factor follow up with overdue debts? Daily, weekly, monthly?
  20. Does the factor send certified letters, make phone calls or send emails when payments are overdue by the debtor?
  21. What will happen when a customer’s payments are seriously overdue?
  22. What format will the final reminder take and when will it be sent out to the debtor?
  23. Does my company always get a copy of all communications, collections and final notices sent out to an overdue customer?
  24. What further action will the factor use to collect overdue debts?
  25. Will a collection agency be used to collect overdue debts?
  26. Will legal action be taken to collect overdue debts?
  27. What would happen if you wanted to change factors?
  28. Is there a notice period to stop factoring? If yes, how long (3 months) or longer?
  29. Is there a fee to stop factoring? If yes, what is that fee?
  30. What if you want to change the services provided by the factor?

Make sure and read the factoring agreement and ask questions about terms and conditions that you’re not familiar with or do not understand. What will it take to end the factoring agreement is their performance is unsatisfactory?

One thing to consider, if you’re not making money and increasing your business by then either is your factor finance company. Factors want your business to grow. They make more money in getting your fast cash if you’re more busy then when you started. Take advantage of access to immediate cash and use the factors money to grow your business instead of standing by while your customers use your money to grow theirs!

If you have additional questions that should be added to the checklist for factor financing, add them in the comment section for readers to review. Thank you.

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.

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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.

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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

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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.

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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!”

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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!

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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.

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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.

 

Medical Transcription Services Invoice Finance offers

Medical Transcription Services Invoice Finance

Medical transcription factoring is a business funding method that exchanges the unpaid invoices sitting on your books for a cash advance of equal value.
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When providing medical transcription services to healthcare facilities, long payment terms may prevent your company from seeing healthy growth results, mainly from lack of accessible cash that’s needed to purchase updated equipment, fulfill objectives and most importantly acquire new clients.
The Factoring Process is simple:
  1. Continue servicing your clients
  2. Send your invoices to the factor
  3. Receive cash in 24 hours

Medical Transcription Factoring – enables your company to keep up with the latest transcription technology, hire additional employees, improve financial health, expand market reach and grow at a successful pace.

Keep in mind that medical transcription factoring is not a loan, which means you’ll avoid accruing any new debt. Regardless if your medical transcription services company is big or small, factor bid gets you a few offers from competing factor finance companies specializing in medical transcription services invoice financing, so you get the best deal when factoring.

The top factors with medical industry expertise and knowledge of accounts payable and receivables are at your service. Factors compete for the right to earn your business. When medical transcription services companies use factor bid to get a few offer for their invoices, factors realize they’re competing for your business and are eager to find the best way to earn it.

Get the knowledge and leverage you need to negotiate the best deal when factoring your medical transcription services invoices for immediate business capital. Increase your cash flow quickly and take advantage of the benefits of factor financing.

Check out Factor App – for invoice financing on the go!

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Factor App for iPhone

Factor App for Android