-
added bonus of medical factoring is that it's not a loan, and as such, has no impact whatsoever on the business's balance sheet. There are no arbitrary limits, no credit limits, and no stringent financial
-
seeing as we tapped ourselves out with bank loans last year to repair the fleet and money sure is tight. We need to keep business rolling as normal and every day we’re going unpaid, we’re closer to
-
less fees applicable) of the face value of these accounts. Once the customer invoice has been paid in full the balance is forwarded on. Yes, factoring costs more than other means of lending, but factoring
-
in general, will provide cash on accounts receivable within 24 hours. This resolves the problems businesses experience with short term cash flow, and in many ways this injection of cash can help to grow
-
We were already paying off our old loan which was considerable and didn’t want to have more debt hanging over our company. By going with the oilfield factoring companies, we didn’t owe anyone, anything.
-
We aren’t just loaning you money, we’re basically becoming active in your business. That is you get the money you need right now, but we have an assurance that we get our money back, later down the
-
We were already paying off our old loan which was considerable and didn’t want to have more debt hanging over our company. By going with the oilfield factoring companies, we didn’t owe anyone, anything.
-
So not only are you relieved of those monthly loan payments, but you also don't have to worry about the building up of interest, as every penny in the account is yours to spend on the business. As you
-
Year’s had come and gone they realized that their Accounts Receivables had gone from 30 days past due to 60 days past due. Before meeting with their accountant Scott, they’d decided something had
-
added bonus of medical factoring is that it's not a loan, and as such, has no impact whatsoever on the business's balance sheet. There are no arbitrary limits, no credit limits, and no stringent financial