Factoring your accounts receivable invoices is an effective method of reducing the lead time between the issuing and settlement of outstanding invoices.Posted by Gotfredsen Mckenzie on February 1st, 2021 It provides you with the financial freedom and flexibility to be able to pay your bills on time without relying on receiving payment from your customers which usually takes a month or two or even three according to your specified repayment terms. Accounts Receivable Factoring is a far better alternative to acquiring a loan to pay off your expenses. Acquiring funds this way will avoid you having to commit to applying for a loan (usually contingent on your credit score) and you having to fork out additional funds to cover the accompanying interest rate repayments. We specialize in servicing businesses in a wide range of industries that all experience the same problem - a lack of working capital funds to meet their short-term financial obligations. The industries we offer our services to include: factoring accounts receivable Trucking and freight companies Manufacturing businesses Staffing companies Security firms We also provide back-office support services that are twofold and can help you to offset the minimal cost associated with factoring your accounts receivable and it frees up your time and resources by not having to chase payments of outstanding invoices. Contact us at Charter Capital to experience the financial freedom of factoring your accounts receivable invoices to us.Like it? Share it! |