funding is the selling of interest in your invoices or receivables to
a private investor, or factor, at a small discount. Accounts Receivable
(A/R) funding provides over $200 billion dollars to the industry each
year. In fact, factoring is a century old financial service used by
multi-billion dollar corporations that is now available to smaller sized
businesses. Receivables financing fills a tremendous void.
to your customers for goods delivered or services rendered can be converted
into a "Credit Line" from which you may draw cash to better
manage your business. You can draw only as much as you need and pay
only for what you use. Advance funding is a tool that you can use to:
capital without creating debt
Improve the cash
flow of your business
of discounts on materials
Pay back taxes
Let someone else
handle the collection process
Approval is based on the credit worthiness of your client, so don't
be concerned about being turned down. Even if you have had a bankruptcy,
tax liens or slow pays, we can get you funded through our investors
within 5 to 10 working days provided your customers are approved for
can help you manage the swings in cash flow by getting you your money
now; and creating a line of credit based on your receivables rather
than waiting 30, 45 or 60 days. Your suppliers get paid quickly, so
that you can negotiate the best pricing. In many instances, the ability
to take discounts and get better pricing will make up for the cost of
The difference between advance funding with a private investor and a
bank loan is that in factoring you use your customers credit line
as leverage, not yours. A bank loan is based only on your assets and
the ability to repay the loan . When you factor, there is no loan to
repay. Your growth potential is based on your credit worthy customers
and it is virtually unlimited. The more credit worthy customers you
sell the higher your credit line becomes.
The Funding Source Network will
provide funding (factoring) for your business needs, we may establish
a credit line that effectively multiplies your working capital by 'turning
it' more often. Compared to bank lines, the "credit line"
uses far less collateral, requires only minimal paperwork, and can be
in place in less than a week and, best of all, grows with your business.
The credit line compliments any loans that you have or are seeking,
yet allows you to access additional funding.
is no faster financial service available for businesses.
There is no need
to change anything about the way you do business!