Factoring: Your Ticket to Optimizing Your Outstanding Invoices
You didn’t go into business to solely focus on debt collections. While chasing down your company’s outstanding invoices is important, it’s a task that takes you away from doing those things that you do best. Plus, wouldn’t it be nice to not have to wait the 30, 60, or 90 days that it takes in order for your customers to pay you back? Those funds could be put to much better use right now. With accounts receivable financing through us here at Athens Capital Lending, we take away the hassles inherent with AR.
The Benefits that You’ll Enjoy
You may have heard of the concept financing receivables referred to as factoring. What you may not know is that with us as your factoring partner, you’re able to enjoy a number of distinct advantages not available with traditional bank loans. These include:
- Access to needed business capital in as little as 24 hours
- Limited recourse if your customer is unable to pay
- No fixed repayment schedules
You simply sell your invoices to us, and we assume the responsibility of collecting on them. Going forward, we’ll provide you with services such as credit checks on new clients to help you avoid assuming bad debt risks, as well as credit insurance for your clients at no additional costs to you.
When you choose to make Athens Capital Lending your factoring partner, you’re getting much more than a bill collector or even a source of funding. You get partner as committed to your company’s financial stability and success as your are. To find out more about the many benefits of accounts receivable financing, call and speak with one of our commercial finance experts right away.