INVOICES/ACCTS. RECEIVABLES
Small to medium size businesses now have the opportunity that has been routinely available only
to large corporations. The purchasing of invoices/accounts receivables, or factoring, can be done
with companies with as little as $10,000 in monthly invoices.
Funding of receivables can be 70% or more within two days of you sending out your invoices.
The rates vary depending on a variety of circumstances from volume, number of days until invoice
is paid, credit worthiness of payee, among other things. Generally, the rate will range below 5%
for the first 30 days.
Twenty-First Century Funding will help you decide if factoring is right for you. If it is,
together we can increase your cash flow in no time at all.
If you are doing business with businesses, you could be factoring your invoices next week!
What are the benefits of Factoring?
- Use the strength of your sales to finance your business rather than creating more debt on
your balance sheet!
- You will have the cash you need, when you need it without creating any debt!
- Take advantage of volume discounts and economies of scale. Your suppliers may
provide you better pricing based on your ability to pay cash for your supplies. Lower supply
costs reduces your operating expenses and increases your net profit!
- You can take on more work knowing you have financing in place to meet the demands
of the sales your making. Expand your business at your pace!
- You can spend more time doing what you do best rather than tracking payments of
work you have already completed!
What types of Businesses use Factoring?
All businesses are candidates for factoring because every business has commercial
customers that pay within 30 - 45 days:
| Landscaping Companies | Printers
|
| Manufacturers | Repair Shops
|
| Import/Export Businesses | Lawyers
|
| Sign Installers | Janitorial Services
|
| Contractors | Builders/Developers
|
ANY BUSINESS DOING BUSINESS WITH BUSINESSES!!
HOW TO GET STARTED:
To get started, use the client profile sheet to gather the basic information necessary. You can
either do it online, or fax it to us at (757) 877 7606. We will review it with you and help you
decide if now is the right time for you to start a factoring relationship.
Fill out our Client Profile 
