There are many reasons why a business may be going through a transition:
These are often times when businesses need cash most. Unfortunately, these are also the times when it can be the most difficult to obtain financing from traditional lenders.
Accounts receivable factoring offers an alternative financing solution for businesses in transition, even when the banks won't give you the time of day. Businesses in transition can still qualify for factoring, providing they do business with creditworthy customers. That's because qualifying for factoring is based on the creditworthiness of your customer, not on your business's credit score or financial history.
You simply sell your accounts receivable invoices to a Accutrac Capital at a discount, in exchange for immediate cash. Once your account has been set up, you'll usually receive your cash within 24 hours of issuing an invoice. Compare that to waiting 30, 60, sometimes 90 days for your customers to pay and you can see how freeing up your cash flow can dramatically improve your business's finances.
Cash Advance | Invoice Factoring | Cost Saving Solutions
Services for the Trucking Industry