September 8, 2010

10 Benefits to Factoring Invoices and Accounts Receivable
By Richard Apodaca
Jun 29, 2009

Did you know that you could utilize your accounts receivables to grow your business? Every business has cash flow needs but options are dwindling in the face of a recession. Fortunately savvy business owners know they can still raise cash when banks say no to business financing.

Liberty Funding International has the cash for your business growth. We are a professional cash flow consulting firm, that have access to a large number of funding sources that can assist you in obtaining the cash you need to keep your business and personal finances flourishing.

It is helpful to understand why more businesses are benefiting from factoring their invoices and account receivables in 2009.

The key to many of the benefits that accompany factoring is the distinction between selling an asset and obtaining credit. Rather than a bank loan, the business sells the right to receive payment on outstanding invoices to a factoring company.

Here are the top 10 benefits to factoring invoices:>

  1. Obtain Cash Without Debt
  2. No Credit Limits
  3. No Long Term Contracts
  4. Use of Funds is Not Restricted
  5. Pick and Choose Which Invoices to Factor
  6. Strong Financials not Required on Business
  7. Available to new and non-bankable businesses
  8. Leverage your client's good credit to obtain the cash you need.
  9. Low Fees
  10. Receive Cash Fast (usually within 24 hours on established accounts)

By not increasing debt and freeing up much needed cash, it's easy to see why so many businesses are using factoring to pay bills, fund growth, increase sales, meet payroll, maintain a good credit rating, or take advantage of early payment discounts.

By: Richard Apodaca
www.LibertyFundingInternational.com

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Your Tipster:
Richard Apodaca

Company information:
Liberty Funding International
4474 Weston Rd.
No. 174
Davie, FL 33331

Contact information:
Tel: 954-261-7654
Fax: 954-349-6902
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Tipster's Profile:
The son of a U.S. Diplomat, Richard lived his childhood overseas. This background led to a career in sales and marketing with several multi national companies. The common denominator restricting the growth of many of the distributors and manufacturers with whom he worked was the lack of cash flow. In 2004, Liberty Funding International was born, when Richard saw the opportunity to become a Certified Cash Flow Consultant, through the American Cash Flow Association (ACFA). Today, Richard is an active member of ACFA and its local chapter, and provides working capital to mid to small businesses.