Who Factors

Most of our clients are small and mid-sized businesses that are growing very fast and. . . rapid growth is consuming cash for supplies, inventories, personnel and other costs yet... the receivables are sitting out there as an untapped asset. Business is good, profits are up - but you still need cash.

Some times businesses must walk away from new orders, others may "rob Peter to pay Paul." Neither is a good situation. Businesses Factor because they know they won't have to worry about cash flow and having adequate working capital to meet their needs. Their working capital increases with their business. This is regardless of their credit rating or how long they have been in business Other examples include:

New Businesses

• No track record

• Rapid growth consumes cash
• May challenge credit rating

• Even Debtor in possession bankruptcy

• Cash Flow is unpredictable
• Puts strain on profits and balance sheet

• Nobody wants them

• Bad relationship
• Change in criteria
• Outside parameters