Invoice Factoring Pottsville PA

Invoice factoring is a great way for companies to increase their cash flow on a short-term basis, and is geared towards those companies that have slow payments from customers. There are many financial services firms offering invoice and account receivable factoring, so be sure to take a look at the options, prices, and plans that each has to offer.

Local Companies

Kissinger Associates, Inc.
(610) 253-5858
2117 Main Street
Centerport, PA
Thrivent Financial For Lutherans
(570) 622-5680
Pottsville, PA
Western Union
(570) 622-1134
500 Progress Ave
Pottsville, PA
Greiner Anthony A
(717) 665-0231
129 N Clay St
Manheim, PA
Galt Ventures Corp
(215) 860-6123
599 Washington Crossing
Newtown, PA
Western Union
(717) 299-1199
Walnut & Broad
Ronks, PA
Allstate Financial Services Group
(215) 351-9440
437 Chestnut St
Philadelphia, PA
Penn First Financial Services Inc
(610) 458-9659
690 Stockton Dr
Exton, PA
Prudential Financial
(570) 283-8181
1654 Wyoming Ave
Kingston, PA
Western Union
(610) 239-7802
234 E Dekalb Pike
Norristown, PA

 

Invoice factoring is a great way for companies to increase their cash flow on a short term basis, and is geared towards those companies that have slow payments from customers. There are many financial services firms offering invoice and account receivable factoring, so be sure to take a look at the options, prices, and plans that each has to offer.

Help from Invoice Factoring

Companies that need invoice factoring are probably the companies that have large amounts of money sitting in the Accounts Receivable (A/R) field of the income statement. When A/R starts to pile up without any increase in cash, this can present a problem for companies that are squeezed for funds and need to make repayments on things like debt each month. Waiting for customers to pay is inhibiting to growth as well as dangerous if there is not enough cash rolling in.

By factoring invoices (same as receivables), the company uses those real, eventual sources of cash to purchase things or pay off debts. A company that has to pay off debt every month cannot afford to wait around for 60-90 days for clients to cut them checks. Debt management firms can negotiate with creditors to set up receivables factoring in order to free up cash flow.

This invoice factoring system allows companies to keep promises to lending institutions and pay off debts consistently and on time. Using legitimate sources of cash, such as valued clients who pay the company eventually, can have a powerful impact on the cash flow of the company, allowing it to repay debts and expand business. Many businesses offer this service.

Featured Local Company

Kissinger Associates, Inc.

(610) 253-5858
2117 Main Street
Centerport, PA

Related Articles
Related Articles
Related Local Events
Economic Forecast Breakfast
Dates: 12/11/2009 - 12/11/2009
Location: Willow Valley Resort
Lancaster, PA
View Details

The Lehigh Valley Economic Outlook Luncheon & Community Investment Awards
Dates: 1/26/2010 - 1/26/2010
Location: Holiday Inn Conference Center
Lehigh Valley, PA
View Details

TRACC Luncheon at Moravian Hall Square - Preparing for Your Future and Financial Security
Dates: 11/19/2009 - 11/19/2009
Location: Moravian Hall Square
Nazareth, PA
View Details

Mid-Atlantic Bankruptcy Workshop 2009
Dates: 8/6/2009 - 8/8/2009
Location: Hotel Hershey (Cuba 2 Room)
Hershey, PA
View Details

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History