Miami / Fort Lauderdale Factoring
Improving cash flow without debt is an attractive financial tool for start-ups and young companies. Factoring Club has accounts receivable factoring companies serving Miami and surrounding cities including Hollywood, Boca Raton and Fort Lauderdale. Your business normally invoices your customers and then waits 30 to 90 days for payment. With a factoring company, you send your invoices to the factoring company and receive payment immediately. The factoring company takes care of the invoicing and collections.
Not only does factoring services solve cash flow problems, but it also reduces your overhead costs. You no longer need to pay in-house personnel for receivables management and collections. Your business benefits in many ways from receivables factoring.
- Immediate cash for your invoices and accounts receivable.
- Collections and accounts receivable management.
- Credit services on your customers.
- Improved cash flow without going into debt.
You can be more aggressive in going after new business. You can pay your suppliers or employees with the confidence of knowing you have the cash available. Regardless of how you use the money in your business, invoice factoring provides you a steady stream of working capital to fund payroll, business growth and day-to-day expenses. You also gain a valued business partner to help your company succeed.