How can factoring help my growing business?
When your business is growing, you need cash flow to sustain that growth. Not having ready, available cash can often stall a business's growth as it scrambles to finance:
- purchasing equipment and supplies to pull more freight
- expanding your workforce
- offering longer payment terms to those ideal customers
- upgrading equipment and technology to keep in step with growth
By factoring your accounts receivable invoices, you get ready cash to grow and sustain your business. Flexible cash flow gives you a "leg-up" to take advantage of opportunities when and where they present themselves.
Dealing with a professional factoring company, like Accutrac, also takes away the hassle and headache of accounts receivable by performing credit checks and managing all your receivables and collections for you. You focus your time and energies where it counts, growing your business.