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Is a Factoring Service For You? http://ocf.com/factoring_service/ The key to knowing if factoring service is for you is to not Here is additional information on invoice factoring to help you with your decision. |
WHAT SETS US
APART
Same Day
funding on approved invoices
We do not require a long term contract.
97% advance rates; tops in the
industry
Credit analysis on new and existing customers
Continuous
collection management and
follow up on factored invoices
Invoice and
statement mailing (postage included)
Account status inquiries anytime;
24/7 online account access.
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Our
flexibility allows you to maintain control:
You
select accounts you prefer to factor
on an invoice by invoice basis.
You control total receivables factoring costs by only factoring on an "as needed"
basis.
Factoring Service Information
Invoice Factoring Options
YOU GET FLEXIBILITY
THAT NO ONE
ELSE OFFERS
We offer tailored processing systems
You can
choose to use the latest in technology- based processing systems
or the
old-fashioned paper-based ones
or a combination.
Unlike the others
we don't force you into a box
We will tailor
our financing programs to help you make more cash.
Factoring Service Benefits
Receive money in as few
days as two to four days.
Maintain complete control
of your business.
Remove or lessen the business costs
associated with the collection process.
Gain a greater control over your cash flow by
deciding exactly how many invoices to sell and when.
Factoring service is the process of purchasing commercial accounts receivable(invoices) from a business at a discount. Business practices today dictate that in order to get business you, as a provider of goods and services, must extend terms to your customers.
Factoring Service
http://ocf.com/factoring-home.php
- Providing receivables factoring services nationwide
- Over 70 years of accounts receivable factoring company experience
- Up to 97% Advance Rates
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Factoring ServiceCompany Information
Remember the accounts receivable factoring company will attempt to determine the creditworthiness of your
customers independent of their credit history with your business. We want a
broader view of their
overall credit status.
During this initial stage
you will also cover basic financial arrangements with the invoice factoring company. For instance,
what will be the monthly volume of invoices you want to factor(i.e. how liquid
do you need to be)? What will the advance rate and the discount rate be? How
quickly will the accounts receivable factoring company issue the advance to you?
Factoring Service Credit Risk Expertise
Accurately assessing credit risk is really the essential
part of our factoring service business. Few, if any, business clients
can perform this function as objectively as we will.
For no additional fee, we act as your credit
department for new and existing customers.
This provides you with a huge advantage over
in-house performance
of these functions.
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Factoring Service That Can Help You Make More Money
During this initial stage you will also cover basic financial arrangements with the receivables factoring company. For instance, what will be the monthly volume of invoices you want to factor(i.e. how liquid do you need to be)?
What will the advance rate and the discount rate be? How quickly will the invoice factoring company issue the advance to you?
| Siemens Financial Services Agrees to Sale of Single Invoice ... - FOXBusiness Siemens Financial Services Agrees to Sale of Single Invoice ...FOXBusiness - Apr 24, 2008... have agreed to purchase our single invoice factoring... Coface buys majority stake in Denmark's Midt Factoring - Forbes Coface buys majority stake in Denmark's Midt FactoringForbes, NY - 19 hours agoNeither the Subscriber nor Thomson Financial News warrant... Living Green - Seattle University Seattle UniversityLiving GreenSeattle University, WA - 4 hours agoBut the trick, she says, is looking beyond price tags and factoring in lon... Answer to an age-old query: 'Where's my order?' - Globe and Mail Answer to an age-old query: 'Where's my order?'Globe and Mail, Canada - May 13, 2008It automates and prioritizes deliveries by f... |
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In the factoring service business, volume is all important. The higher your
volume(the dollar amount of invoices you factor), the more favorable your rates
will be. |
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Is a Factoring
Service For You? Here is
additional information on factoring service What is an
advance? |
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