If your business is experiencing short-term cash flow issues
or experiences seasonality in cash flow, you may want to
consider account receivable financing services. It may be
helpful to consider your normal business cycles to evaluate
your possible future needs as well as your present needs.
If you know beforehand that you need assistance with cash
flow in certain seasons, you may want to apply ahead of
time.
Keep your eye on the bottom line. If you see your cash flow
is shrinking, signing up for services is important. There
are a number of interesting benefits to your business. Some
of these benefits include:
Increase
sales volume by increased production Immediate
Cash Enhancing
your credit Reduction
in payroll costs, related to credit, collection and administration
of Accounts Receivables Increase
profit though increased sales and lower overhead Aggressively
able to seek new credit worthy business Increase
order volume and size by being able to grant credit terms
Have
access to cash to fund unusual, larger orders Fewer
bad debts
Requirements:
Credit
score has to be above 600 Rent
or mortgage must be current No
current bankruptcy in the last 3 years No
foreclosures or short sales of the home Business
must exist for 6 months.