If you have obligations to pay and receivables are still unpaid, it may be a very good time to factor them. You could have cash now for that receivable and let someone else wait on the payment.

There are thousands of companies world wide that have grown and prospered as a direct result of factoring. When nothing else filled the bill, factoring was there.

The process is simple. You send us your receivable and we wire cash to your bank account. The fee for this service is generally 2-5% depending on your generals credit rating, volume and amount of time between wire transfer and receivable being paid.

Key Benefits

Related Articles:

Contractor Funding Options by Howard Chernin, Electrical Contracting & Engineering News - December 2000

Factors to Consider by Loren Brody, Westchester County Business Journal - January 17, 2000

Raising Capital by Elaine Pofeldt, Success Magazine - May 1999

What Electrical Contractors Need to Know by Howard Chernin, Electrical Contracting & Engineering News - January 2000

How to Improve a Subcontractors Cash Flow by Howard Chernin, New York Construction News (Mcgraw Hill)

Capital Ideas: Financing Options by Paula Lynn Parks, Black Enterprise July 1999

If you would like to learn more about factoring you may want to check out some of these articles. If you are unable to find them just fill out the feedback form below and we can email them to you.

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