Get cash when you need it with invoice factoring in atlanta
http://www.accountingfacts.net/articles/6095/1/Get-cash-when-you-need-it-with-invoice-factoring-in-atlanta/Page1.html
Michael Moss
Michael Moss is president and CEO of MDS Funding LLC, an invoice factoring company in Atlanta, that helps businesses improve their cash flow. For more information about how invoice factoring can provide your business with quick cash in as little as 24-48 hours with NO debt, NO banks and NO loans, visit http://www.MDSFunding.com, email cashflowconsultants@mdsfunding.com or call 866-394-4637. By Michael Moss
Published on 01/12/2010
Every day, businesses use invoice factoring to raise much needed cash. It's a tool that nearly any business can use: Get invoices and you instantly qualify.
There are no banks, loans or credit requirements involved. Get cash in as little as 24 to 48 hours without banks, loans or credit. Businesses around the world use invoice factoring to get cash for operating expenses and expansion.
Get cash when you need it with invoice factoring in atlanta
Bank lending is almost impossible for most small and mid-size businesses to obtain, but there is an alternative -- invoice factoring.
Invoice factoring is one of the oldest forms of financing in the world, dating back thousands of years. Today, it remains a viable and popular alternative for businesses that need cash when there is so little of it available for small and mid-sized businesses.
Consider these figures: The Federal Reserve lent $6.7 trillion as of Dec. 23,2009, down $100 billion from November, according to a recent article in The New York Times. The amount of money that banks loan has fallen by more than $500 billion in the past year.
What Is Invoice Factoring?
Invoice factoring -- or the process of selling your account receivables at a discount rate -- is more popular than ever. In fact, invoice factoring is alive and well. It's especially popular now as banks are taking fewer credit risks, shutting many small and mid-sized businesses out.
Just how popular is it? A Commercial Finance Association Survey found that asset-based loans totaled $600 billion in 2008, a figure that has grown since the 1970s. Many businesses thtatwere denied credit have found that invoice factoring is a viable form of financing.
Account receivables financing is proving to be a much economic friendlier alternative to many business. With no banks, no loans and no credit requirements, business with outstanding invoices have found that it is a way to get cash fast in as little as 24 to 48 hours.
Invoice Factoring Is Easy
There are no bank approvals or complicated repayment plans to worry about. It's relatively simple: Instead of invoicing your client, you invoice the factoring company at a discounted rate.
The factoring company cuts you a check. It's that simple. You don't have to play bill collector for your client. Your client reimburses the factoring company; your business gets the necessary cash you need, without having to wait that the check is in the mail.
It's one of the fastest ways to get immediate cash, and your credit is never in question. That's why it's the perfect choice for just about any business, from start ups to existing businesses.
Your businesses' credit is never question; the discounted invoice is based upon the financial health of your client. That alone gives factoring a distinct advantage over most forms of financing.
You can use factoring as much or as little as you want: All you have to do is have invoices and you can begin getting cash today.
Invoice factoring is one of the oldest forms of financing in the world, dating back thousands of years. Today, it remains a viable and popular alternative for businesses that need cash when there is so little of it available for small and mid-sized businesses.
Consider these figures: The Federal Reserve lent $6.7 trillion as of Dec. 23,2009, down $100 billion from November, according to a recent article in The New York Times. The amount of money that banks loan has fallen by more than $500 billion in the past year.
What Is Invoice Factoring?
Invoice factoring -- or the process of selling your account receivables at a discount rate -- is more popular than ever. In fact, invoice factoring is alive and well. It's especially popular now as banks are taking fewer credit risks, shutting many small and mid-sized businesses out.
Just how popular is it? A Commercial Finance Association Survey found that asset-based loans totaled $600 billion in 2008, a figure that has grown since the 1970s. Many businesses thtatwere denied credit have found that invoice factoring is a viable form of financing.
Account receivables financing is proving to be a much economic friendlier alternative to many business. With no banks, no loans and no credit requirements, business with outstanding invoices have found that it is a way to get cash fast in as little as 24 to 48 hours.
Invoice Factoring Is Easy
There are no bank approvals or complicated repayment plans to worry about. It's relatively simple: Instead of invoicing your client, you invoice the factoring company at a discounted rate.
The factoring company cuts you a check. It's that simple. You don't have to play bill collector for your client. Your client reimburses the factoring company; your business gets the necessary cash you need, without having to wait that the check is in the mail.
It's one of the fastest ways to get immediate cash, and your credit is never in question. That's why it's the perfect choice for just about any business, from start ups to existing businesses.
Your businesses' credit is never question; the discounted invoice is based upon the financial health of your client. That alone gives factoring a distinct advantage over most forms of financing.
You can use factoring as much or as little as you want: All you have to do is have invoices and you can begin getting cash today.