a group of healthcare workers

Fast Cash Solutions: Factoring to the Rescue!

We received a call from a healthcare staffing company in Los Angeles.  They were less than six months in business and have already outpaced their sales projections.  Their very serious problem was their customers were taking 45 days to pay.  Their growth was out pacing their cash flow.  A recent SBA study found that over 80% of business failures can be attributed to cash flow issues, and this company needed a fast solution to avoid becoming another statistic.

How Does Factoring Help Business Growth?

During our short conversation we explained how they could sell their invoices to us and cash flow their growing business.  Later that day they submitted our application and two days later American Receivable was buying their invoices!  In one phone call the healthcare staffing company had found a long-term solution to their cash crunch.

Since 1978 American Receivable Corporation has helped staffing companies stay cash flow positive!  Our team of specialists assist our clients with all their factoring needs. Healthcare staffing, IT Staffing, Industrial Staffing, Manufactures, Distributors and Service companies have all benefited from our affordable factoring program.  Call us today at 1-800-297-6652 to see how factoring at American Receivable Corporation can launch your company to it’s next level.

 

Voted best Invoice Factoring Company for the last 15 years by Business.com

45 Anniversary Badge Round Logo

Share:

More Posts

Online money lender

How do I Fund My Small Business

Starting and growing a small business takes not only passion and perseverance but also sufficient funding. With so many options available, it can be difficult

Online money lender

What is a UCC Filing?

When businesses secure financing through loans or factoring, one of the key terms that often comes up is a UCC filing. But what exactly is

small business factoring

What is a Factoring Company?

Business owners often face cash flow challenges, especially when they offer net-30 or net-60 payment terms to their customers. Waiting weeks or even months for