Factoring

FINANCING WITHOUT BORROWING MAY ENABLE YOUR BUSINESS TO GROW AND PROSPER

It would take you less than 48 hours to receive cash for your valid invoices following initial due diligence. Money in the amount of $10,000 to $2,000,000 is available monthly to accelerate your business growth. Your risk is minimal as no collateral is required other than your own invoice and our exclusive first lien position.

You could rearrange your finances to increase monthly operating capital and decrease its turnover period by selling your accounts receivable (AR). You may find this AR purchase program even more acceptable when we tailor it to meet your short term or long term funding needs.

NOT TO MENTION LIBERAL ADVANCE RATES AND REASONABLE DISCOUNTS

Our advance rates and discount schedule varies depending on the credit worthiness of your customers, volume and number of valid invoices you sell.

This could be a good opportunity for your business if your primary objectives are:

Capital infusion to accommodate growth (fulfill larger order, purchase new equipment, employ more people)
Eliminating reasons causing monthly cash shortage
Taking advantage of volume and prepayment discounts which may be provided by your vendors

IT IS JUST A FEW EASY STEPS TO UNDERTAKE

A. Provide your application for a FREE evaluation. If qualified, you will receive a general term letter agreement.

B. Sign and return the subject general term letter agreement along with a due diligence fee (usually $250)

C. You will receive the Contract Package by overnight mail. This package will include:

Master Purchase & Sale Agreement
Certificate of Corporate Resolution
Guaranty of Validity which constitutes promise not to commit fraud
Notice Letter to Customers
Assignment Schedule (form on which you list the invoices for purchase)
(2) UCC-1 statements
Invoices to be purchased and approved for funding
Customer List

Other documents may be requested on a case-by-case basis:

Current year financial statements
Prior year corporate tax returns
Last (2) quarterly 941 Tax Statements

D. Funds are remitted as soon as the signed Contract Package has been received, UCCs filed, due diligence completed and invoices verified.

YOU MAY ANSWER THESE QUESTIONS BEFORE MAKING ANY DECISION

Would not the rate comparison be irrelevant if the bank is unwilling to make the loan?
Would factors' level of confidence in your business improve your credibility in the eyes of your customers?
Would you agree to a 10% to 15% discount to receive cash on delivery (COD) from your customers?
Would you not be satisfied when you factor for a half of the COD discount?
Would risk of financial failure of your customer bother you when you ship your product or provide service?
Would you mind if this risk is carried out by the factor?
What is the cost of lost opportunities?