You can get the cash you need for
growth and operation of your small or
medium size business,
- quickly
- free from a lot of red tape
- free from big set up charges for a
loan
- free from built-in growth-constricting
limitations
- free from burdensome restrictions on
how you run your business.
Whether domestic or international
(Exporters, Take Note!), businesses
like yours often struggle with paying
now
for labor, materials and overhead, while
collecting later (sometimes
much
later) from your customers. Instead,
you can sell all or part of the invoices
you issue for goods delivered or services
provided to businesses or governments.
After
your account is set up, you will routinely
get cash within 24-48 hours for the invoices you
sell. Using this service
(known as Factoring Receivables), you can convert you business
to one that operates on a COD basis.
You don't need to change your invoice terms of
sale, or in any way harm
your customer relationships.
What if my credit is
weak or I have tax issues?
You can get cash by factoring your receivables
even if your business is less
than two years old, or has weak financials,
or has existing loans or tax issues. Our
associates can work with the IRS or your
lender, and still deliver cash to you.
Selling your accounts
receivable depends on the creditworthiness
of your customers, not on yours.
Why Is Factoring
Receivables Better Than Getting A
Loan?
Factoring receivables provides major
advantages over bank loans,
especially to young
companies, and/or companies with
big growth opportunities, as well as to
companies with slow-paying government or
large commercial customers:
- Cash obtained by factoring is not
a loan. It is a sale of assets at a
discount, somewhat like a merchant's credit
card transactions. The cash
you get from factoring is not a
liability on your books. Because you
borrow nothing, there are no restrictive
covenants and there is no one looking over
your shoulder at how you are running your
business. For factoring, the only
requirement (beyond having valid invoices
to creditworthy customers for goods
delivered and accepted, or for
services performed) is that
you have not presently pledged your
receivables or otherwise encumbered
them. And, setup charges
are minimal.
- Managing a growing business
with a bank loan or credit line, you
can use up the available
funds quickly, and then find
that you are unable to procure materials
for new, bigger orders. Once
you hit the loan or credit line cap,
your assets are still encumbered and
you're stuck. But with factoring,
you can sell today's invoices to
meet today's payroll, taxes and
overhead. Factoring acts like
a line of credit that automatically
grows along with your business, letting
you be in control of your cash flow, and
free to concentrate on building your
business. With factoring,
you decide which of your eligible
invoices to sell, and when to sell
them.
- By factoring your accounts
receivable, you can buy materials and
supplies to fuel your growing business
from current earnings because you have
immediate cash in hand, rather than in
30-60-90 (or more) days. What's more,
having ready cash available on a
reliable and predictable basis can
allow you the freedom to get better
prices for your supplies and
materials.
We at Sierra work with our clients to
establish an ongoing relationship
with any one of the many sources of funding
that we use. We know this business and the
funding industry, and we will see to it
that you get services that meet your
specific needs. By working with
us, you can be assured of a competitive
price for the payments you choose to
sell, as well as prompt, courteous
service.
To start the process, all we
need is an application and a receivables
aging report!
Let one our our specialists work with you
right now to get your funding
started!
Call us TODAY for your FREE CONSULTATION
--
(toll-free in the USA) -- 1-(866)-410-9702
Or
Contact Us.
Just use our SECURE "ask-us" form.
You can get the cash you need for
growth and operation of your small or
medium size business,
