HOW CAN MY COMPANY BENEFIT FROM INVOICE FACTORING?
The exact manner in which it can benefit your company can depend on your specific situation. Generally speaking, invoice factoring with Ozarks Capital Funding offers:
Invoice factoring grows in direct proportion to your sales and receivables. The greater your sales, the greater your working capital.
Invoice factoring does not affect your balance sheet, making it look more attractive. If your company ever needs a loan product, banks love good-looking balance sheets.
Offering good terms to customers can help safeguard your business cycle, and give your company a competitive advantage.
On the fence about a customer or prospect’s credit? No worries. Ozarks Capital Funding can identify those risky companies.
Quicker A/R Turns
Factoring companies often verify invoices with customers and if amounts go past, gentle reminders are sent. This speeds up collections and enhances your cash flow.
No projections. No tax returns. No business plans. OCF requires only simple, general information about your business to build a contract.
See some Frequently Asked Questions for more information.
Is accounts receivable financing a smart solution for your business?
Is it right for you? You’re the expert.
Some typical considerations may include:
• You have pending contracts, but lack the working capital to get the project moving forward
• Your company is growing quickly, but your bank has capped your credit line
• Your cash flow is often a trickle, having to wait 30-90 days for payments from your customers
The very need for factoring can be a sign of strong growth. Accounts receivable financing can keep your business workflow manageable while some of those kinks get worked-out.
Take a look at the OCF quick reference guide to see how invoice factoring can work for your business.
or Apply Right Here!