Account Receivables - Factoring
Why wait 30, 60, or 90 days for YOUR money?
THE PROBLEM:
Business practice today often involves extending terms to your customers. When they in turn take 30 to 90 days, or longer, to pay an invoice, you in essence are financing their business. They are using your money to run their operation. This is money you could be using to meet payroll, purchase equipment and supplies, pay bills, or increase your business. Limited access to operating capital is a major cause of business failure.
THIS DOES NOT HAVE TO BE A PROBLEM FOR YOUR BUSINESS!!
THE SOLUTION:
Griswold Diversified Funding is associated with large financial companies that have decided to make money available in this area. We specialize in buying the accounts receivable (invoices) of companies just like yours. Known as factoring, this process provides business with cash today--cash which would normally remain tied up in accounts receivable for weeks or months.
With factoring, no debt is incurred. By generating immediate cash flow without creating debt, factoring provides many benefits to you.
- Immediate cash regardless of your credit rating-even if you are in Chapter 11
- A continuous source of working capital to meet your many needs
- Protection and improvement of your credit rating
- Allows you to qualify for cash discounts from suppliers
- Avoidance of long term debt
- Eliminates collection activities and expenses
- Instant credit reports on current and prospective customers
- Enhances client/customer relations
- No long waiting period
- No long term contracts
- You stay in control of the entire process
Take back control of your capital. Find out how easy it is to convert your accounts receivable into immediate cash. Please take time to give me a call today and see if your company qualifies. You have everything to gain!
Griswold Diversified Funding, 6207 Hutschenreuter Road, Glen Arm, MD 21057. Tel: 410-592-5996; Fax: 410-592-3549.