The holidays are upon us and often bring stressful challenges for some business owners. Many businesses tend to see a slowing trend toward the end of the year. Some businesses delay payments to suppliers resulting in a trickle down effect to the supplier, resulting in a cash flow deficit. This affects the supplier’s available cash for business operations. Purchasing and manufacturing become limited due to a cash shortage and payroll is a priority. Even with a bank loan, the business owner is responsible for re-paying the loan. If customers are delaying payments, the business owner may not be able to comply with the loan agreement.
Choosing the right factoring company is an important decision for you and your business. The right factoring company will help you maintain cash flow and grow your business while the wrong choice can leave you with a bigger financial gap than when you started.
American Receivable Corporation is continuing relief efforts by offering special rates to businesses affected by Hurricane Harvey and extending those rates to those affected by Hurricane Irma. American Receivable has already aided eight Houston area small businesses in their recovery efforts in the last month with hopes to grow that number as it extends to Florida. Discounted rates start as low as .8% with up to 90% funding in 24 hours.
American Receivable Corporation is now offering special rates for Houston. American Receivable is Texas Proud and is currently offering special rates to businesses in Houston needing capital to recover from Hurricane Harvey. While there is so much that still needs to be done, some of these businesses could be of great value to that effort. Houston business owners have been extremely generous in efforts to help the citizens of Houston persevere through this catastrophe. American Receivable would like to offer these special rates for Houston businesses needing quick access to capital to rebuild or continue operations.
Factoring has been around in some form or another for centuries, yet it is still a relatively untapped source of finance for many businesses. In fact, invoice factoring is typically a small part of curriculum in many university finance departments. Let’s take a look at the history and evolution of the world of factoring.
It is a pleasure to write this testimonial for American Receivable. I’ve been associated with the company for over 20 years. They assisted me in the initial start-up of Systems Source, Inc. in 1995 and have stood by me the entire time I’ve been in business, both the good times and the bad. Jack and Brad have truly been business partners.
In today’s time, many people cannot imagine running a business without the aid of technology, and the evolution of technology has changed the way we do business on a daily basis. Computers, software, apps, video, etc. have allowed companies to expand their businesses well beyond the borders of their home base. For factoring, it has created endless possibilities on how and where business can be done.
Dallas, Texas– For the third consecutive year, Top Ten Reviews has ranked American Receivable as the #1 factoring company in the U.S. American Receivable was one of the first factoring companies in the DFW metroplex, and for the last 39 years, American Receivable has provided cash flow solutions to businesses across the nation.
American Receivable Corporation is excited to announce its biggest month of 2017. We welcomed twelve new clients for the month of April.
April’s new clients include: