Invoice Factoring for your Business Today

To All Business Owners: Would you rather have cash or receivables?
 
COLUMBUS, Ohio - Dec. 18, 2015 - PRLog -- At US Financial, we see applications every day from all types of business looking for all types of equipment.   Some have lines of credits from their local banks but many don't.

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/)?"   Some have, some haven't, some say it's too expensive, etc.

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/), explain non-recourse factoring and how we always monitor their clients credit to advise them if things may be going bad (I am also surprised how many business owners offer terms to clients without doing credit checks on them).

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

Contact
Henry Grace
***@usfinco.com
6147770000
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Tags:Invoice Factoring, Invoice Financing, Henry Grace
Industry:Financial
Location:Columbus - Ohio - United States
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Page Updated Last on: Dec 21, 2015
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