0 likes | 0 Views
When businesses face cash flow challenges, one of the most effective solutions is partnering with factoring companies. Factoring provides a quick and straightforward way for companies to access immediate funds by selling their outstanding invoices. In this article, we will explore the role of factoring companies, the benefits of factoring, and how to choose the right company for your business needs. Visit: https://maps.app.goo.gl/68pxdaHFTd5Xhsv37
E N D
Factoring Companies: Unlocking Cash Flow for Growing Businesses This presentation explores how factoring companies provide essential financial solutions, transforming accounts receivable into immediate working capital. Discover how this powerful tool can accelerate your business growth.
INTRODUCTION What Is a Factoring Company? Invoice Purchase Upfront Cash A factoring company buys unpaid invoices from businesses at a discount, typically for services rendered or goods sold. It advances 70-90% of the invoice's value upfront, providing immediate cash flow without incurring debt. Fee-Based Service Once customers pay, the factor remits the remaining balance minus a fee, which typically ranges from 1-5% of the invoice's total value.
APPLICATIONS Real-World Use Cases Staffing Agencies Trucking Companies Use factoring to meet urgent payroll obligations for temporary staff while awaiting client payments, ensuring continuous operations. Factor invoices to cover immediate fuel costs, maintenance, and driver wages, avoiding disruptions in their logistics chain. Manufacturers Leverage factoring to purchase raw materials for large production orders, optimizing their supply chain and fulfilling contracts efficiently.
Contact Us Address Phone Email Simply Factoring Brokers, 23 Bartlett Street, Caerphilly, United Kingdom +44 330 134 2826 online@simplyfactoringbrokers.co.uk