Factoring - Small Business Financing Option - PowerPoint PPT Presentation

robert smith n.
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Factoring - Small Business Financing Option

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  1. Robert Smith

  2. What is Factoring? Factoring is the process of selling records receivable to a trader in lieu of waiting to get the cash from the buyer.

  3. How Factoring works? • People promote your own e-book financial debt on the aspect with regard to money which may be transferred directly into your bank account. • This action will be concluded once you deliver products or even total providers. Reports will help you to stay updated on debtor position.

  4. Factoring benefits: • Sales and production increase • Credit rating improvement • Purchasing power increased

  5. Who benefits from Factoring? • Companies with tax problem • Companies needing additional capital • Companies with venture capital . • Companies unable to secure bank financing

  6. Conclusion: • Having a wholesome cash flow is essential for any powerful business. • Some sort of factoring company may offer funding suitable for your needs together with expert solutions of which permit you to concentrate on your core business.

  7. Thank You