Factoring: immediate cash for your accounts receivable

Factoring, a cash flow solution

Are slow invoice payments straining your cash flow? If so, factoring or accounts receivable factoring could be your solution. Factoring is a debt-free cash flow solution that provides you with immediate cash within 24 to 48 hours. It frees up your cash locked up in invoices for long periods of time. Factoring is the fastest and easiest method for business financing.   

Factoring, also known as accounts receivable factoring and invoice factoring, is the sale of commercial accounts receivable (unpaid invoices) at a discount for immediate cash. Typically, you get up to 90 % of the face value of your invoices and get the balance when your customer pays -- minus a service fee.

Unlike bank financing, factoring does not require you or your company to have good credit, show a profit, or be in business for a certain length of time to get financing. It is also easy and flexible: You can start, stop or continue receivable factoring as needed.

Here's how factoring helps you:

• Cash for your business without borrowing --- debt-free financing
• Continuous and unlimited funding as your receivables grow
• Risk protection against customer payment default or insolvency
• Gives you the ability to offer better financial terms to your customers
• No requirements for you or your company to have good credit
• Fast, easy and flexible: No contracts to sign --- only 2 to 5 minutes of paperwork to get started. You can start, stop or continue factoring as needed. You're always in control.

Factoring is a proven cash flow solution that has been used for decades by small and large companies to improve cash flow and fund business growth. A recent article in the Wall Street Journal stated the following: "Industry sources estimate that billions of dollars in accounts receivable will be factored this year". 

Other benefits of accounts receivable factoring:

Cash Now--No Waiting

• Provides you with cash without personal guarantees
• Improves cash flow to meet payroll, pay taxes, pay vendors, pay bills and fund business growth
• Eliminates the delay and expense of collections
• Allows you to take advantage of supplier discounts for early payments
• Can help when banks say no!

You're eligible for factoring services if you have business-to-business or business-to-government invoices. HLC Financial Services, Inc. arranges factoring services at no cost to you. Call  (708) 225-1483 for a free consultation 

Factoring funding starts at $10,000 per month with no maximum amount. A lesser amount will be considered if there significant growth potential. We make every effort to help you.

Listed below is a partial list of industries/businesses eligible for receivable factoring:

For an immediate cash flow solution through accounts receivable factoring, call (708) 225-1483 or contact us via this website and get your share of debt-free factoring funds.

Asset based financing: turning your business assets into cash

You can easily generate cash for your company through asset based financing -- and with greater flexibility compared to bank financing. This cash flow solution uses your business assets, such as accounts receivable, inventory and equipment/machinery and real estate as collateral for a loan. 

Advantages to you:  There is more focus on the quality of your collateral than your balance sheet - unlike traditional bank financing, which focuses on your ability to repay a loan. In addition, funding is faster and you have greater flexibility, access to capital and fewer borrowing restrictions. However, unlike factoring, a loan is created with an asset based transaction.

HLC Financial Services, Inc. arranges asset based loans for commercial businesses and healthcare providers.

A simple asset based loan is from $500,000 to $5 million or more based on the worth of your commercial invoices or accounts receivable. This is also called accounts receivable financing. 

An accounts receivable-based loan can also be structured as a line of credit. It is not considered borrowed money until you actually use it. If used, it is repaid as you are paid from the collection of your accounts receivable. The line of credit, based upon your receivables, helps you meet your day-to-day cash flow needs for your business.

For healthcare providers, your third-party medical accounts receivable (Medicare, Medicaid, PPO/HMO, Private and Commercial Insurance) are acceptable as collateral for asset based loans or accounts receivable financing.

Asset based financing provides you with a fast, convenient and flexible method of raising business capital and accelerating your cash flow. By using your accounts receivable and inventory as collateral to secure a loan, you are able to generate cash quickly. You do not have to wait for inventory to be sold to become accounts receivable and accounts receivable to be turned into cash. Moreover, it's a cash flow solution that can be used repetitively.

Other Collateralized Funding: Bank Guarantee, Letter of Credit, Insurance Guarantee, Corporate Guarantee and Gold Certificates

HLC Financial Services, Inc. also arranges funding for commercial businesses, healthcare providers with either a  Bank Guarantee, Letter of Credit, Insurance Guarantee or a Corporate Guarantee with "A" or better rating from S&P, Moody and A.M. Best (Insurance Guarantee). Funding based on Gold Certificates is available when they are issued by a major  bank. All funding starts at $5 million.   

For business financing, including asset based financing, accounts receivable financing or accounts receivable factoring, call (708) 225-1483  or click here: http://www.hlcfinancing.com/contactUs.html. We arrange fast and easy cash flow solutions and alternative business financing to help your business grow. 

Purchase order financing: The cash flow solution for importers

Get 100 % financing for the manufacturing and shipment of finished goods from your overseas supplier to your U.S. customer through purchase order financing. Purchase order financing is a short-term funding solution used to finance the purchase or manufacture of goods that have been presold to a creditworthy customer. Letters of credit are also available.  

For purchase order financing or alternative business financing, call (708) 225-1483