Account receivable factoring


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Account receivable factoringAccount receivable factoring

Account receivable factoring

As a new or small business owner you sometimes battle to obtain enough finances and capital to get the business running smoothly. When you choose account receivable factoring you can gain that extra capital.

Account receivable factoring is when you choose to sell outstanding invoices or receivables at a discount to a company that deals in financing or factoring. This company will then take over all risks that come with the receivables thus getting quick cash for your business. The age of the invoice also tends to be a factor to the amount of money you receive because the newer the invoice is the more it is worth.

Many of the companies that deal with account receivable factoring will not deal with your debtors by writing letters but rather by face to face interaction. Once they have collected your debt successfully only then will they take a small percentage from the monies collected. A good debt collecting company should provide you with up to date monthly reports on what they are doing with your money and if their interactions with your debtors have been successful.

A very well known company that can help you with Account receivable factoring is Performance Source. They are a renowned collection agency that charges some of the lowest fees for debt collection. If you are looking to sell outstanding invoices or receivables and need help in this matter you can contact this professional team on 773-205-8000 or visit their website which is

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