Accounts Receivable Financing - Kansas
Are slow paying commercial customers creating problems with your cash flow? Offering payment terms to customers is a requirement in today's environment - but very difficult to do. Few small or growing companies can afford to wait up to 8 weeks for payment because they have their own expenses to pay. This puts them in a bind because they must offer terms if they want to keep the customer.
This is a problem that can be solved by factoring invoices. You can use factoring to fund your slow paying accounts receivable. This will improve your cash flow and give you the working capital you need to pay corporate expenses and to make new sales. We offer invoice factoring in Kansas and offer competitive plans.
Factoring rates as low as 1.5%. Advances as high as 85%
Get an online quote!
Questions? (866) 7301922. Toll free in Kansas.
Financing for companies in the service, wholesale, oilfield services, janitorial, and manufacturing sectors that are located in Kansas.
Funding for trucking carriers and freight brokerages.
This product provides the necessary funds to pay your suppliers and deliver on your orders.
Financing for small and medium sized trade companies that sell goods and services to customers outside the US and Canada.
Financing for subcontractors in the construction industry.
Funding for businesses that supply services and products to Kansas state agencies and to the federal government.
Funding for companies that provide guards for commercial, industrial and government sites.
Funding for staffing employment in the business and medical fields.
Factoring for new businesses, small office/home office (SOHO), consultants / Info gurus, independent professionals or any business with less than $250,000 in revenues.
Specialized program for healthcare practitioners and medical providers that bill private insurance companies, Medicare and Medicaid.
How does our program work?
Factoring is a tool that allows companies to sell their invoices to a factoring company in exchange for an immediate payment. This allows you to capitalize on your slow paying invoices and provides similar benefits to a quick customer payment - without requiring customers to pay sooner. Invoice financing enables growing businesses to leverage their strongest asset - their receivables form strong credit worthy clients.
The plan is simple to use and integrates well into most businesses:
- You deliver your product or service
- You create an invoice and sent it to the factoring company and to your client
- You get an immediate advance of 70% to 90% of your invoice
- The factoring company gets paid by your client 30 to 90 days later
- You get a second installment (the remaining 10% to 30%), less a small fee
Accounts receivable financing has a a number of advantages over other business financing products, such as business loans. It is easy to qualify for and can be setup in days. More importantly, it has no set limits. Your receivable factoring line is based solely on the size and quality of your invoices and can grow with your revenues.
If your company is growing and canít afford to wait up to 60 days to get paid by your clients, then invoice factoring may be right for you.
Are you researching factoring? These articles may help:
- What is factoring?
- How to select a factoring company
- Financing your import business with purchase order financing
- Invoice factoring for freight forwarding companies
- Types of factoring
- Invoice factoring for technology staffing companies
Questions? Call (866) 730 1922. Toll free in Kansas. We offer plans in the USA and factoring in Canada.