Pierce Group Inc. (877) 291-4363
robert@piercegroupinc.com
 
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Unleash the Power of Accounts Receivable Factoring

For those companies that operate on a B2B basis and providing goods or services to other businesses, few methods of commercial finance can compare with factoring.  In fact, factoring is now recognized as an "essential" form of small business finance by the world's central banks such as our own Federal Reserve.

How Factoring Will Benefit Your Small Business

Factoring is used to address working capital shortages caused by your customers paying their invoices too slowly.  As any small business owner knows, granting payment terms of 30-45 days on sales means you will attract more customers and keep the ones you have.  Unfortunately, providing such an accommodation can mean cash shortages when it comes to making payroll and paying your own suppliers and vendors.  Such cash flow problems can be solved, however, by simply employing factoring.

Benefits of factoring include...

Ready Capital for Start Ups and Early Stage Business

Factoring is one of the most readily available forms of commercial finance for small, early stage companies but is also utilized by very large corporations as well.  So long as your business provides goods or services B2B and your accounts receivable are not already pledged as collateral for a traditional bank loan, your business can very likely qualify for factoring.

Fast Turnaround Times

Setting up an accounts receivable factoring arrangement is very easy and as opposed to a traditionally bank loan which may take weeks, typically takes less than 72 hours to establish.  So long as your accounts receivable are not pledged to secure a previous loan, Pierce Group Inc. can usually arrange for a factoring facility in as little as three business days.  Additionally, your factoring arrangement will grow in size as your business grows.  There is no need for new contracts to be signed as your business grows from threshold to threshold.

Find Out More

One of the best ways to further explore this powerful small business finance tool and to see if its right for you and your business is to request our FREE booklet, "When Banks Say NO!...The Small Business Guide to Factoring."  Its FREE, from Pierce Group Inc.(click here to order)