”Invoice Factoring provides $240 BILLION to American businesses each year.” The World Factoring Conference (April 2014)
Do you have good customers who often make you wait 30, 60 or even 90 days to get paid? Are you turning down new orders, because you lack the ready cash to kick off the project?
Is your company a start-up with no credit history and no small business financing? Is your credit history less than perfect? Are old-fashioned bad credit business loans too expensive to consider?
Have you heard about alternative financing vehicles like invoice factoring (also known as accounts receivable financing, receivables financing and receivables factoring), but you’re not sure how to evaluate the pros-and-cons for your unique commercial financing needs?
HERE’S INSTANT KNOWLEDGE & “HOW TO” FOR GETTING INVOICES PAID WITHIN 24 HOURS
• Determine if invoice factoring is right for your business.
• Locate a funder that meets your needs, and clicks with your management style.
• Navigate the application process quickly-and-easily, and negotiate the best rate.
• Use valuable tricks-of-the-trade for minimizing the discount fee.
GET COMPREHENSIVE ANSWERS TO ALL THESE QUESTIONS
• What is invoice factoring? Why haven’t I heard more about it?
• How much does it cost? What are the tricks-of-the-trade for minimizing the discount fee?
• What are the pros-and-cons of invoice factoring?
• How do you decide if invoice factoring is right for your business?
• Which companies and what industries benefit the most from invoice factoring? What about medical billing to insurance companies, Medicare and Medicaid? What about high risk industries like construction?
• What are the different types of factoring (one-time spot vs. long-term relationship, recourse vs. non-recourse, etc.)?
• Will my customers know I’m working with a factor? Won’t they think my business is in trouble?
• How does a factor verify an invoice? Can they verify without contacting my customer if I want the transaction to stay private?
• What are the 5 steps in the approval process from application to funding?
• How long does it take to get funded?
• What is the value of a broker vs. contacting a factor on your own?
• What are the TOP 10 QUESTIONS to ask (and get answered) before you choose an invoice factoring company?
DOWNLOAD THIS EBOOK NOW – AND GET INSTANT ACCESS to everything you need to know about an alternative way to finance your business with invoice factoring.
ABOUT BEST SELLING AUTHOR – ANNE BERNARD, MBA
Her 30-year financial career stretches from the trenches of Wall Street to the heart of Main Street. Her passion is helping businesses understand alternative financing vehicles, because so many companies are being left behind by traditional banks. She has a deep understanding of the financial markets, both traditional as well as alternative. Best of all she has a knack for putting it into plain English that everyone can understand.
She is currently developing a series of niche reports called, “Improve Your Cash Flow With Alternative Business Funding”. It’s designed to help business owners understand there are still good financing options even as banks continue to decline 42% of business loan applications. This series will include information and “how-to” on all of these topics: merchant cash advance, invoice factoring, purchase order financing, outstanding debt collection, asset based lending, equipment leasing, angel investors, and more.
Anne is a Principal at Capital Consulting Group. They provide free-of-charge counsel to businesses searching for alternative financing vehicles. And they act as a broker,connecting individual businesses with the right funder to meet their uni
