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Follow on Google News | ![]() Invoice Factoring for your Business TodayTo All Business Owners: Would you rather have cash or receivables?
The story is always the same. They need equipment for a new project they just received or are expecting to get. Their business is growing. they have lots of sales and are making good profit, the problem is, all their sales and profits are still in receivables. Although they have earned the profit they haven't realized it yet because they haven't been paid. After approving them for the equipment financing loan I always ask; "Would you rather have cash in your bank or receivables on your balance sheet?" The answer is always the same. CASH. My next question is; "Have you heard of invoice factoring (https://www.usfinco.com/)?" The third question is; "If you had cash, what would you do with it?". I hear things like: • purchase inventory/supplies at a discount • pay off payables at a discount (normally 2% net 10 days) • hire more people • take a vacation (yes, you would be surprised how many business owners need a vacation) Now I sit down and tell them the true cost of Invoice Factoring (https://www.invoicefactoringexpress.com/ Needless to say, we add a lot of clients to our invoice factoring portfolio and as a result many of them are growing as they have cash available to do so. Learn more about Invoice Factoring today by calling us at 614-777-0000 or visiting us online at www.usfinco.com End
Page Updated Last on: Dec 21, 2015
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