|
Services
- Advance Commissions
- Accounts Receivables Funding
- Medical Receivables Funding
- Business Acquisition & Construction Loans
- Lease Funding
- SBA Loans & Venture Capital
- Secured & Unsecured Lines of Credit
- Debt Consolidation
- Vehicle Loans (Buy/Lease)
Instead of a loan or venture capital, try factoring for your financial needs. Factoring is an alternative cash flow solution that doesn't involve borrowing or giving up ownership in your business. Since there is no debt or equity involved, factoring is far more flexible with fewer restrictions than bank or venture capital financing.
Professional Services Funding Group's factoring program can help you:
- Increase production and sales
- Take advantage of supplier discounts
- Meet payroll
- Finance expansion
- Fund marketing or e-commerce projects
- Pay off debt
- Improve credit rating with timely payments
The following example shows just how simple factoring is.
Assume your company has already sold its product or service to your customer. Your customer has a solid credit and payment history, but they typically take longer to pay than you'd prefer.
Rather than waiting until your customer pays, you can factor your invoice with Professional Services Funding Group and receive an initial payment for the majority of the invoice within a few business days. This cash can then be used by you to buy additional supplies, meet payroll, fund a marketing campaign, or simply pay off outstanding debt. Once your customer pays the invoice in full, Professional Services Funding Group then deducts its initial advance and its fee, and sends you the remaining balance.
|