If your company sells products or services to other companies that make their payments in 30-, 60- or 90-day increments, then our accounts receivable program at Creative Capital Partners may be right for you. Simply sell your accounts to us at a discounted price, and we can give you the cash you need. Businesses that benefit most from the program are often those that are either just starting or losing money, because we do not have to use your credit as a determining factor.
The Advantages of Factoring
Factoring is another term for financing receivables, through which the “factors” take on the role of your accounting department. These specialists will go through your customers’ accounts and verify their credit, letting you know if there are any risky areas. Other benefits to our program include the following:
- If you qualify, you may be eligible for free credit insurance.
- The money you receive can be used however you see fit to run or grow your business.
- There are no fixed payments necessary.
- The funds will be accessible in as little as 24 hours.
What’s more, should your customers fail to make a payment, you are not on the hook. Instead, the factors assume that debt.
Contact Us Today
Our team at Creative Capital Partners would love to discuss this option more with you. To schedule a no-obligation consultation, please contact one of our representatives today.