Owners of internet businesses know how fast-paced and highly competitive their industry can be. Companies must be prepared to make decisions quickly and decisively or risk losing a customer to a competitor. Customers who are slow to pay their outstanding invoices can create cash flow problems for a business and make it impossible for an internet company to react to changes in the marketplace.
Traditional sources of financing, such as banks, make it difficult for small business owners to obtain working capital in a quick, cost effective way. Internet companies that rely upon bank financing to meet cash flow needs run into issues that include:
- Insufficient credit history to meet lender guidelines
- Past credit problems on the records of company owners
- A lack of assets to meet the collateral requirements of the lender
- A time-consuming loan application process
- Increasing a company’s debt with a monthly loan payment
Internet Consulting Factoring
Small internet companies can be at the mercy of customers who demand favorable credit terms. Customer payment for completed work may take 60 to 90 days before a business recovers its out-of-pocket costs and expenses. Cash flow problems such as this can make it difficult for an internet company to meet its financial obligations for critical items such as:
- Operating expenses
- Expansion into new markets
- Employee training and recruitment
- Growth opportunities requiring capital investment
Factor Funding Co. has been working with small and medium-sized companies across the country to design invoice factoring solutions to convert uncollected accounts receivables into instant working capital. With internet company factoring, a company can have the money it needs to keep its business operating and growing.
How Internet Company
Factor Funding Co. converts your company’s accounts receivables into immediate working capital without the burden of a monthly loan payment. Invoice factoring is not a loan, but it can solve your internet company’s cash flow problems. Unlike a loan, internet consulting factoring does not require a time-consuming application with endless demands for documents that can take valuable time away from running your business.
A phone call can put you in touch with an invoice factoring expert who will work with you and your company to convert up to 95 percent of the face value of your accounts receivables into the working capital needed to solve your cash flow problems.
GET IN TOUCH WITH FACTOR FUNDING
What better way to get the peace of mind you need for you and your family than from an expert with decades of experience helping countless others in exactly the same way?
Reach out for assistance to ensure that your feeling of being in a rut over awaiting settlement doesn’t last long. We get plaintiffs the cash they need.
Waiting around won’t help you pay your expenses. We look forward to chatting about your financial needs and how we might be able to partner up to assist in achieving your goals. Here’s to your success!