Why Factoring is Necessary
"A sale is not a sale until you 
collect the money"

Are you a part -time banker for 
your customers?Take a look at your accounts 
receivable aging schedule and count the 
number of accounts over 30 days.Congratulations, 
you are extending credit to those customers.
You are not getting paid for delivering 
your end of the deal in a timely manner 
and as a result you are providing 
the use of your money to your customer for free.

Not exactly the business you thought 
you were getting into, is it? 
Ask yourself this question: 
If those customers of yours went 
to a bank, borrowed the same amount of time, 
would they expect to pay a substantial 
amount of interest for the privilege? 
Of course they would!

And consider this: Not only are 
you receiving no interest on that money, 
but most importantly,you are also losing the 
use of that money while you 
are waiting for your customer to pay you.
What is the cost of not having this
money available? In essence, your customers 
are asking you to finance their business by 
extending terms and allowing them 
to pay in 30 days (and usually longer, right?). 
But what is it costing you in 
"missed opportunities" when your 
money is tied up in your accounts receivable?