For all your receivable factoring needs, contact Alexander Financial Solutions. We have years of experience with factoring receivables and can provide the ideal financing solution for your business!
Receivable factoring, also known as factoring, is when a business sells its accounts receivable invoices to a purchaser at a discount. If you have a company, factoring receivables is a great way to unlock working capital that can benefit your business in a variety of ways. You can use the cash you receive from factoring receivables to fund everyday operating expenses. The money you receive from factoring receivables can also be used to purchase inventory at a bulk or early order discount. It can also be used to expand your business by giving you the means to take on new customers. If you want to grow your business, receivable factoring can free up cash that will allow you to do just that! Alexander Financial Solutions can provide you with a customized solution for all of your receivable factoring needs.
While factoring receivables is a great financing option for young start-up companies, Alexander Financial can also provide receivable factoring services to companies that are losing money or are in bankruptcy. This is because your business’s invoices are viewed as a financial asset to factoring companies, who only look at the credit of your customers – not you! Receivable factoring can be viewed as outsourcing your accounts receivable department, which allows you to focus on your business rather than spending your valuable time on collections.