You May have heard of "factoring" but you may not know what it is, or more importantly what it can do for your company.
Factoring, also known ast accounts receivable financing, is a form of asset-based lending that can boost a company's shrot-term cash flow. It is NOT a loan. No debt is assumed by factoring, and the funds are unrestricted.
Companies sell their invoices, or "accounts receivables", to a factoring company in exchange for and immediate advance on the total invoice.
Your company generates an $8,000 invoice for services you have completed payable net 30 days. The factoring company will forward to you a large percentage of the invoice within a business day or two. You can now take those paid funds and pay for labor, gas, supplies, etc.
When the invoice is paid by your commercial customer, the factor will forward the balance of the funds to you minus a small fee.
Growing your company is now not limited by your cash flow limitations. Add as many commercial clients as fast as you can.
Our factoring company specializes and has experience with the Lawn Care and Landscaping Industries. We can customize a solution that fits your needs making us an ideal business partner.
We understand the nuances of the industry and the external factors that can affect your business. Our services are designed to help grow your business and navigate the ebbs and flows of the seasons
Give us a call at 866-300-2070 x. 105 or click on this link to complete an application
Replace that old mower or get a new mower(s) for that new source of business you just closed
We offer equipment and tool financing for lawn care and landscaping companies.
Give us a call at 1-866-300-2070 x.105 to discuss your specific needs
Click on this link to complete an application
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