Invoice Factoring Services

Invoice Factoring Services

Accutrac Capital 0 Comments

Factoring Helps Small Businesses Stay on Track

A small business player metamorphosing into a big corporate world name is a rare spectacle. However, cash crunch has always been a major problem for all small business players. In spite of all the talent and technical assistance in the particular domain, small companies generally lose out on the cash liquidation front. Mostly, it is the uncleared account receivables that account for unavailability of cash. At times, irregularities in the payment cycle of your business lead to cash crunch situations. However, the solution to this problem is quite simple.

As a business owner, you can hire the services of a  factoring finance company. These factoring services will finance your account receivables for a nominal fee. Most factoring finance companies provide instant cash for small to mid-size businesses. Normally, the cash amount provided is 90% of the total invoice. The 10% remaining is paid once the discounted account receivable gets cashed. Though, it is one of the key benefits of invoice factoring, it is not the only benefit customers are served with. Here is a list of some important benefits offered by factoring finance to businesses.

No Credit Limits: Most invoice factoring companies follow no credit limit policy. This allows you to liquidate a number of invoices at the same time through invoice factoring services. Thanks to factoring finance, business owners can expect to maintain a healthy cash – credit ratio ensuring that the business runs smooth. With these easy-to-use factoring services, many business owners can now pay bills easily, clock better fund growth, increase sales, meet payroll, maintain a good credit rating, and can take advantage of early payment discounts.
Unrestricted Use of Funds: Most of the funds provided to the company through factoring finance has no bond or restriction on the terms of usage except for a few mentioned in the contract. This allows the client company to broaden their horizon of growth and expansion. A factoring company (also known as the Factor) will provide cash to the business on their accounts receivable almost instantly, reducing the possibility of unavailable hard cash to almost nil.

Accutrac Capital Solutions is leading factoring finance company in Canada. For more details log onto: 

Back to: Factoring Home


Comment Form

Was this helpful? ... No Very
Slide this bar to the right to enable submitting

Blog Categories

Want to learn how
can impove cash flow?
Download The Ultimate Guide
Freight Factoring & Discount Fuel Cards for Trucking Industry
Questions? Contact Us!

Freight Factoring | Fuel Cards | Cash Advance B4 Delivery
Services for the Trucking Industry

I would like to receive your newsletter