The Benefits of Factoring Invoices
Factoring Financing is a great alternative to loans
Factoring accounts is a quick, easy and affordable way to improve your cash flow.
Invoice factoring offers these benefits:
- Turn invoices into immediate cash
Through factoring financing, your business can immediatly benefit from the sale without having to wait for your client to pay.
- Increase cash flow and working capital without lowering your equity
Since business factoring is not a loan, it does not add liability on your balance sheet. This is especially a benefit if you're trying to obtain other financing.
- Make business purchases to increase profitability
Use your increased cash flow through factoing invoices to enhance your business.
- Unlike traditional loans, you don’t need additional collateral and you’re not increasing your debt
Invoice factoring allows you to enjoy the benefits of a cash advance without racking up more debt.
- Protect and improve your credit ratings
Your increased cash flow from business factoring will allow you to pay vendors on time, establishing a good credit rating. Obtaining credit from other vendors and financial institutions becomes easier.
- Take advantage of suppliers’ early payment discounts
Factoring invoices frees up cash enabling you to save up to 3% on bills where vendors offer early payment discounts.
- Quick and easy process
Approval is determined within 48 hours receiving your completed factoring program application.
- We help you with collections so that your staff can focus on building your business
Catamount's factoring program includes accounts receivable management on factored invoices, saving your company the overhead of managing in-house.
Catamount Funding is a leading US factoring company with extensive experience in factoring finance for small to medium sized businesses. Once your application is received, approval will be determined within 48 hours and quickly after that we can provide funding on your accounts receivables up to 85%. >>The Catamount Advantage