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:>
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
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
Visit website
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.