Accounts Receivable Financing Brookline MA

Accounts receivable financing is essentially the selling of invoices to receive immediate income and capital for a business. Also know as Invoice factoring, it is a billion dollar industry. Unbeknownst to most small companies, invoice factoring has been around for years and is often utilized by larger companies. It is only recently that this service has been offered to small companies which have a great deal of trouble getting funding from banks and financial institutions.

Accounts receivable financing is based on the overall credit rating of the invoiced customer and not solely on the credit rating of the client company. This allows client companies with less than two years of history. It also allows companies in financially difficult times to utilize accounts receivable financing.

The overall funding process is simple enough. Your company invoices your customer for services or goods you provided. Your company sends in the invoice to the factoring agent. Funds are then either wired into or deposited directly into your account. The process takes about 48 hours to receive the funding. Once the invoice has been paid by your customer, the factoring agent takes out the factoring fee, generally 2 to 3% from the 20 to 25% of the invoice face value not funded. Any remaining funds are then transferred directly to you. Again, this process takes about 48 hours.

Accounts receivable financing involves the act of selling of outstanding invoices to other companies that then take on the debt owed. Companies that offer accounts receivable financing solutions buy invoices at discounted rates and the money serves as a source of fast cash for businesses in need of cash.

Many small businesses in Brookline have difficulty acquiring loans or lines of credit from traditional financial institutions. There are a number of reasons for this. Credit history, length of time in business, collateral, and the type of industry all play heavily into a bank's decision to loan or not to loan money.

Additionally, banks may be ill equipped to handle the job of monitoring invoices and inventory of a particular industry. They may not want to take on the risk associated with that type of funding option. Furthermore, they may not fully understand the industry that your company competes in. To a banker, a lack of understanding equals greater risk and greater risk often times equals a denial.

By contrast, factoring companies rely on the creditworthiness of your clients. There are no rigid standards to meet on your company's part. New business and old businesses alike can benefit. Furthermore, some factoring agencies actually offer factoring solutions to companies under bankruptcy protection.

There are a number of benefits derived from the use of accounts receivable financing solutions. First, the company that is selling invoices can rid themselves of the hassle of handling various debts-the debts become the problem of the company offering accounts receivable financing solutions. Also, a company in need of money can get their hands on some fast cash, thanks to accounts receivable financing services.

The initial application process is completed relatively quickly. The paperwork is minimal for the world of corporate finance. Most of the paperwork should already be on hand or easily obtainable. Paperwork includes a two year history, if applicable, of the company P&L, balance sheet, and income statement. Prior invoices may need to be submitted so that the factoring agent may get a better understanding of the invoicing process and format used in your industry and by you and your clientele. The packet is then reviewed by the factoring agent. Upon approval, a Letter of Intent (LOI) is submitted to the client company. This LOI is then signed by the company and returned. A contract is submitted. Due diligence is performed one last time by the factoring agent. Final approval is granted. The invoice factoring begins. The entire application process takes as little as two weeks. If open invoices are submitted during the application process, funding for these invoices generally takes a few additional days due to the newness of the account.

The funding process takes 24 to 48 hours. This is the amount of time from submission of the invoice until funding is received into the business account. As any business owner can tell, this is a fraction of time when compared to waiting 35 to 45 days for payment of an invoice.

Funding amounts vary depending on the terms of your businesses loan. Typically, the factoring is done at 80% of the face value of the invoice. Say for example the invoice your company submits to the factoring agent is for $200,000. The amount of funding your company would receive initially would be 80% of the face value which would be $160,000. Once payment is received by the factoring agent, the factoring fee is taken out of the remainder. This can be anywhere from 2 to 3% of the funding amount. At a 3% funding rate the fee would be $4,800. This amount is then deducted from the $40,000 and the remainder is transferred directly into the account.

NATIONWIDE CAPITAL EXCHANGE

Contact me via email.
P.O.BOX 197 (MAILING ADDRESS)
Boston, MA
http://www.cash4cashflow.com/gsimmons1

CASH! FAST! QUICK! EASY! Instant Cash For Your Real Estate Note(s) Or Cash Flows:(real estate notes,mortgage notes, trust deeds,cash flows,plus many other notes and deeds).Under Foreclosure.We also work with Pre-Foreclosure,Foreclosures,ect. Are you about to loose your home due to foreclosure? Or is your property about to be auctioned off? Don't loose your home.My name is Grace Simmons. I am a foreclosure expert. It has come to my attention that you and your family may be facing some financial difficulties right now. Your home is facing foreclosure. Many people will or may have already been calling or knocking on your door. Each is looking for money, or is just harassing you. I am not one of these people.

Having worked in foreclosures for a long time now, I have the experience to get you through your situation in the best way possible. I am not asking for money. Quite the opposite: I want to pay you! That’s right, I would like to pay you money to help you through your troubled times. I can buy your home, make up the back payments, and assume your debt.

If the foreclosure goes through, you will not only lose your home but you will have a tarnished credit rating and possibly be forced to walk away with nothing. Starting over would be very difficult. That does not have to happen. Selling your home and mortgage will stop the foreclosure. Selling your home will provide you some cash to get a new start and save your credit rating.

Interested? Please call me. For faster service and reply, please send me an email inquiry request. We can discuss your situation and the best course of action to pursue. Get a quote within 48 hours upon receipt of your inquiry request EMAIL AN INQUIRY REQUEST TO: gsliquidations@yahoo.com gsimmons@cashflowmail.com CASH. FAST. QUICK. EASY. Let me see what I can do for you.

Types of Cash Flows That Can Be Sold

Personal
Annuities
Car, Marine and Aircraft Notes
Catastrophe Fund Settlements
Cemetery Pre-need Contracts
Charitable Remainder Trusts
Church Bonds
Class Action Awards
Court Judgments
Deferred Settlements or Payments
Disability Payments
Divorce Settlements
Funeral Purchase Agreements
Inheritances and Probates
Land Contracts and Trust Deeds
Lawsuit Insurance Settlements
Life Insurance Policies
Lottery, Casino and Sweepstakes Winnings
Military Pensions
Mobile Home Paper
Mortgages, Residential and Commercial
Pensions
Qui Tam Settlements
Royalties
Sports Contracts
Structured Settlements
Tax Certificates
Tax Shelters
Time Share Notes
Trust Deeds, Residential and Commercial
Trust Interests
VA Compensation
Voluntary Separation Incentives
Worker's Compensation Settlements
Business
Accounts Receivable Factoring
Business and Industrial Notes
Commercial Deficiency Portfolios
Commercial Leases
Commission Notes
Consumer Installment Paper
Equipment, Gas, Oil and Mineral Leases
Farm Subsidies
Government Contract Factoring
Home Improvement Notes
Lawyer's Fee Notes
Lease Purchase Agreement
Mechanic's Liens
Medical Receivables Factoring
Partnership Agreements
Purchase Order Funding
Reimbursement Agreements to Developer from utility company
Vendor Carryback Paper
Vocational School Paper
Working Capital Financing
Types of Notes
Bankrupt Payor
Defaulted and Sub-Performing Cash Flows
Foreclosure
Foreign Cash Flows
Hard Money Loans
Multi-stage Payouts
Partials
Portfolios
Simultaneous Closings
Standard Full Purchase
Unassignable Cash Flow



Sincerely,


Grace Simmons