business handshake invoice factoring

What Is a Traditional Factoring Company?

Business owners take advantage of invoice factoring for fast and simple access to cash. Selling their accounts receivable gives a business owner access to the cash needed to fund ongoing operations and growth.  Start-ups and smaller businesses often do not meet the criteria for a traditional business loan from a bank. Small, large, and even larger business enterprises are realizing the advantages of the comprehensive services traditional factoring offers, and, at no additional cost to them, saving them time and money.

What is a Traditional Factoring Company?

A traditional factoring company provides much more than a transaction. Focusing on the relationship with the client, the factoring company offers services that allow the business owner the opportunity to manage the business and cover expenses with a positive cash flow.

  • Credit Research – Business owners have to stay current on the financial health of their customers.  A traditional factoring company has analysts that will research new customers and monitor existing customers to help maximize the business owner’s sales while mitigating their risks.
  • Invoice Management – Valuable time is spent trying to collect past due invoices. Often, invoices are skipped and fall behind because of administrative errors, or a drop in business by the customer. A dedicated accounts receivable manager assures the business owner that the life cycle of each invoice is monitored and professionally collected, keeping in mind the relationship of the business owner and customers.

Advantages of Our Top Rated Factoring Service

Hiring additional staff to manage invoices, payments and collections is costly and time consuming.   American Receivable is a 44 year old factoring company that is still operated by the founders.  Our financial experts monitor payments and collections giving our valued clients all the advantages of working with a best-in-class traditional factoring company.  After all, the success of our clients is vital to the success of American Receivable.

Call us today at 800-297-6652 or schedule an appointment to learn how accounts receivable factoring improves small business cash flow.  In the DFW area, call 972-404-4726. To find out how invoice factoring can help get your small business off the ground, call Jack Stieber or Brad Gurney  or  complete our quick application form.

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