Accounts Receivable Factoring

At Phoenix Financial Company, we provide entrepreneurs with much needed sources of ready growth and working capital, when they need it most. One of our most important services areas is that of accounts receivable factoring.

Factoring is a method of financing your accounts receivable. In short, if your customers are taking 30 days or longer to pay their invoices, factoring can easily solve that problem, literally putting your business on a C.O.D. basis.

A Method of Small Business Finance Used Worldwide

Worldwide, trillions of dollars of factoring services are provided to B2B business operators each and every year. In fact, factoring has been recognized as an "essential business financial service" by the world's central banks (such as our own Federal Reserve) and the reason is simple. There is no other method of commercial finance that can be brought to bear so quickly which helps so many types of business entities with their cash flow problems. With a factoring relationship in place, your business can have the ready cash for...

PAYROLL: Have the cash to make weekly payroll comfortably
MARKETING: Have the cash to expand marketing operations
NEW CUSTOMERS: Attract new business from large, creditworthy customers
PAYMENT TERMS: Grant customer terms of payment of 30, 45, even 60 days or longer
INTERNATIONAL SALES: Have a ready method of payment for cross-border sales
SUPPLIER DISCOUNTS: Take advantage of early payment discounts from suppliers

For Young Businesses and Startups

Because factors actually purchase the accounts receivable of a business rather than loan against them, factors are little concerned with the credit history (or lack thereof) of their client. This makes factoring a perfect financing tool for early stage businesses and startups that do not have enough credit history to qualify for a traditional bank loan.

Find Out More

Want to find out more about factoring and further explore the services Phoenix Financial Company can provide for your small business? Then simply request our FREE booklet "When Banks Say NO!...The Small Business Guide to Factoring." It's FREE, from Phoenix Financial Company. Click below to order.