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Factoring Account Receivables North Carolina

Factoring account receivables is an important service from which many companies would benefit, for reasons of freeing up cash flow and having more operating capital. In today's business world, accounts receivables can often have the effect of holding up a company's much needed cash, which would otherwise be used to purchase more supplies and expand business.

Local Companies

RSM McGladrey, Inc.
(704) 367-6251
4725 Piedmont Row Drive
Charlotte, NC
Accounting Principals
(704) 552-5454
6000 Fairview Road
Charlotte, NC
L. Frazier Accounting
(704) 553-9996
1510 Burnley Road
Charlotte, NC
Padgett Business Services
(704) 248-6283
6000 Fairview Rd
Charlotte, NC
Wagner Noble & Co.
(704) 552-0553
5970 Fairview Road Suite 402
Charlotte, NC
2nd Chance Credit Service
336-886-4199
3011 Ingleside Dr
Greensboro, NC
1st Capital Mortgage Corp
336-299-9995
7 Oak Branch Dr
Greensboro, NC
1st Choice Mortgage Equity
336-834-0049
1500 Pinecroft Rd
Greensboro, NC
Dixon Hughes, PLLC
(704) 367-5888
6525 Morrison Boulevard Suite 516
Charlotte, NC
Pionear
(704) 943-5850
212 South Tryon Street Suite 980
Charlotte, NC

Factoring account receivables is an important service from which many companies would benefit, for reasons of freeing up cash flow and having more operating capital. In today's business world, accounts receivables can often have the effect of holding up a company's much needed cash, which would otherwise be used to purchase more supplies and expand business. Let's take a look at how debt management helps a company manage receivables better.

Managing and Factoring Account Receivables

Factoring account receivables when it comes to debt management and leverage may be a powerful tool for managers to consider. Accounts receivables are defined as the payment expected from a client who has received service already. The client is expected to pay said amount within a certain time period. Factoring a company's receivables could be defined as making money more available.

Factoring is a good idea for companies that are growing more rapidly than their current operating capital, finding themselves in a crunch because of slow-paying clients, and companies that can no longer receive loans from banks. Bad credit can be a detriment to companies who need more funds because banks will deny funds or charge high interest rates. Companies with uneven sales, due to the seasonal nature of the business, might also benefit from factoring.

Factoring account receivables is one feature that many debt management firms offer to their clients. For example, a debt management firm can protect a company's buying power and credit rating by re-aging past receivables and making them current. Factoring receivables can be an important tool when it comes to freeing up cash flow for a business.

Featured Local Company

RSM McGladrey, Inc.

(704) 367-6251
4725 Piedmont Row Drive
Charlotte, NC
Read more about Factoring Account Receivables

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Related Local Event
Economic Outlook Conference 2009
Dates: 12/2/2009 - 12/2/2009
Location: Charlotte Convention Center
Charlotte, NC
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