Credix can help you use this finance option to grow your business without giving away equity or taking on debt.
Cash flow would be so much easier if you could just pick up the phone and get all your customers to pay their bills NOW. If you can’t do that and you need cash right away, Credix can help with Working Capital Factoring (also known as A/R or accounts receivable factoring). Through this program, you can liquidate money that is tied up in your invoices. In many instances, this fresh infusion of cash can be in your account within 24 to 48 hours.
HOW WORKING CAPITOL FACTORING WORKS
Through the program, some or all of your Accounts Receivables are purchased at a discount. In many ways, Accounts Receivable Funding is similar to improving your working capital cash-flow by offering your customers a cash discount for paying their invoices more quickly. Working Capitol Factoring is a financing option that – unlike many other sources of credit – is open to you even if you have only been in business for a couple of years. Credix can fund start-up businesses, those seeking to grow more quickly, and those needing cash for particular business purposes.
HOW WORKING CAPITOL FACTORING MAKES COMPANIES PROFITABLE
Contrary to what you may have heard, factoring is not a tool used only by struggling companies. Financially smart companies of all sizes use Working Capital Factoring as a powerful tool to release the capital tied up in accounts receivables. You get access to cash without giving away equity or taking on debt.
IS IT RIGHT FOR YOU?
To determine if your company would benefit from factoring, ask yourself one simple question: “What would my firm do with the cash if every bill were paid upon issuance, every time?” If eliminating cash-flow delays would enable your company to grow faster, obtain needed supplies or equipment, meet payrolls and thrive, you are a perfect candidate for Working Capital Factoring.
HOW CREDIX HELPS:
Our coaches will help you get qualified for funding in just a few days, and will then work with you to qualify the Accounts Receivables of your clients for funding at whatever frequency that would best benefit your business.