Phoenix Factoring Companies| For Companies Who Don't Have Time for| at medibanker.com
Time 2021-11-14 13:12:55Web Name: Phoenix Factoring Companies| For Companies Who Don't Have Time for| at medibanker.com
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keywords: description:Phoenix Factoring Companies- Our factoring agreement is like carrying a credit card in your pocket. You carry it to use when you need it but do not sign an agreement which will force you into factoring when you do not need it.- Phoenix Factoring Companies at medibanker.com- Factoring Trucking Receivables-serving companies in Phoenix , Arizona --> Skip to Content
Phoenix Factoring Companies
All receivables factoring companies give you cash for your receivables. Although, they are not all identical.
With over 400 receivables factoring companies to pick from making one claim after another, so how do you pick the most helpful one for your company?
There are a handful of receivables factoring companies that will actually deliver your company more than just cash.
With some factoring firms, your business also receives unequalled service and funding programs to further help improve your company's profits.
Here's what you need to know to select the top receivables factoring business for your business.
You're probably thinking, "I don't have time for this!"
We'll give you a hand to help you make this decision effortlessly. And find out why over 45% of our new business comes from Client Referrals. By far the top referral rate in the factoring industry.
All the others don't even come close!
Call Now at 1-866-593-2205For those who aren't familiar with Factoring, it is mostly a fast way to get cash from your receivables.
Factoring is Not a LoanWhen you send your customers an invoice, they usually have 30 days to pay you back. Factoring companies will give you the bulk of the cash up front, sometimes within 24 hours, and collect the payments from your customers themselves. Once the invoices are paid in full, you’ll get the balance left over, minus a small fee.
Factoring Doesn't Require Debt
Sounds simple enough – fast cash for your business – no loans, no debt.
Everyone declares they have the best rate plans in the business, no long-term contracts, fast- same day/same hour funding, no up-front fees, no monthly minimums or maximums and so on so on.
We also offer these same benefits, but we also PROVIDE JAW-DROPPING SERVICE AND PROGRAMS that other invoice factoring businesses simply don't and can't.
What's your proof? Here's the proof, about half of our new business comes from client referrals. As we all know clients don't give out referrals carelessly. After all the client's reputation is on the line, no one wants to risk handing out a bad referral; it can come back to haunt you. They make referrals to support their business friends and it feels great to help.
Put simply, no other invoice factoring company matches our benchmarks of superior service and offerings.
FINANCIALLY STRONG
We have been in the invoice factoring business since 1979, are privately held, and have a powerful track record of being FINANCIALLY STRONG. We have survived many of the economy's downturns and in doing so, can help you through any hard circumstances you might suffer. We won't vanish when the times get hard, like a handful of invoice factoring companies regretfully have in the past.
BELONGS TO A LARGE NETWORK
All factoring companies have a preference for size, industry, and risk. It's just about impossible for you to know which invoice factoring company is the best fit for you. By contacting us, we can save you a tremendous amount of time by helping you find the ideal fit for your company - it could be us or another invoice factoring company.
We have a huge A-List of invoice factoring industry colleagues, these cooperative relationships were earned over 20+ years in the business. So, when you take some time to explain what you need to us, you'll quickly see that we can help you find exactly what you need.
No Minimum
Practically all invoice factoring companies let you pick and choose your customers that you want to factor. Although a handful of them generally have a minimum dollar amount prior to working with you. With us you have the freedom to pick and choose what to factor on an invoice by invoice basis with no minimum.
Our invoice factoring agreement is sort of like having a credit card in your pocket. You have it to use when you want it but don’t sign an agreement which will make you use invoice factoring when you don't want it.
NO HIDDEN FEES
Practically all invoice factoring companies will not be upfront about their fees. You need to be Sherlock Homes to uncover those fees. We do not behave this way. We are totally upfront about our fees. When you apply, you are given a transparent, no obligation rate proposal with the fee for your company. See which other factoring company, If any, will be that will be totally upfront with their fees before they try and get your business.
HIGHER ADVANCE RATES
An "advance" rate is the percent of the invoice face value that you’ll get upfront. Invoice Factoring industry averages for advance rates range from 70-90% of the face value of the invoice. So, for example, if your customer owes you $1,000, you will get an advance payment of $700 to $900 to your account. Our usual advance rates are higher than average - at 85-97% depending on industry and your customer payment track record.
PERSONALIZED
A few invoice factoring businesses are funded by Wall Sreet bankers. We are a privately held company and don't answer to investors and boards. Much like you, we are like-minded business people and we have cleared many of the obstacles that a business encounters. We listen to your story, learn your struggles. Based on that information we will put together a personalized solution for you. Practically all invoice factoring businesses particularly the Silicon Valley Fintech ones almost completely depend on an algorithm to establish your company's funding program. Who do you want to depend on as a cash flow partner to fund your business?
Dedicated Account Administrators
Practically all invoice factoring companies have either a lot of employee turnover, a complex voice mail system that you get lost in or operate call centers where you talk with a new representative every time you call in. With us, you are set up with a dedicated account administrator to be your point of contact – who understands your business inside out, and can support you in ways the others just can't or don't want to be troubled.
Valuing Your
Client Relationships
Don't dismiss the fact that the invoice factoring company will be interacting with your customers on your behalf. Our level of service, stability and longevity, and the caliber of our employees is superior. We have been in business since 1979 and have veteran staff who who have experienced it all. Choose us not only for your sake but for the sake of your relationship with your customer too. Not only will you benefit from our superb service and real-world know-how, but so will your customers.
Our Business
is Your Business
Together, we create a credit risk tolerance guideline to limit your customer write-offs. We also track each invoice and follow them like your own credit and collections department would. Once they hit the payment date we place friendly reminder calls and/or emails on your behalf and keep notes as to when it is scheduled to be paid, and send copies if necessary until payment is received.
Payment Trend Alerts
Our business credit monitoring systems allow us to see early negative trends so that we can protect you from risky transactions. You have quick access to online aging reports and your dedicated account administrator is kept in the loop and given advance notice of any collection issues so to work on them right away.
MOST RECENT CUSTOMER CREDIT HISTORY
You get quick direct online access to your customer’s business credit reports, or you can call and speak with your account administrator – whatever works best for you. Stay tuned to negative payment trends. This is crucial to run your business efficiently.
LEADING EDGE TECHNOLOGY
Our company adopts first-rate technology to smoothly run the funding process, such as electronic submission of invoices, online reports, online credit checking and other emerging methods to streamline the process and reduce overhead, which leads to better rates for you. Practically all other companies are not even remotely close.
FINANCIALLY STRONGWe have been in the invoice factoring business since 1979, are privately held, and have a powerful track record of being FINANCIALLY STRONG. We have survived many of the economy's downturns and in doing so, can help you through any hard circumstances you might suffer. We won't vanish when the times get hard, like a handful of invoice factoring companies regretfully have in the past.
BELONGS TO A LARGE NETWORKEvery factoring company has a preference for size, industry, and risk. It’s impossible for you to know which company is the best fit for you. By contacting us, we can save you a tremendous amount of time by helping you find the best match for your business - whether it’s with us or another company.
We have a vast network of industry colleagues that we’ve built over 20+ years in the business. So, when you take the time to explain your needs to us, we can be the “one stop shop” to help you find exactly what you’re looking for.
No MinimumPractically all invoice factoring companies let you pick and choose your customers that you want to factor. Although a handful of them generally have a minimum dollar amount prior to working with you. With us you have the freedom to pick and choose what to factor on an invoice by invoice basis with no minimum.
Our invoice factoring agreement is sort of like having a credit card in your pocket. You have it to use when you want it but don’t sign an agreement which will make you use invoice factoring when you don't want it.
No Hidden Fees
Practically all invoice factoring companies will not be upfront about their fees. You need to be Sherlock Homes to uncover those fees. We do not behave this way. We are totally upfront about our fees. When you apply, you are given a transparent, no obligation rate proposal with the fee for your company. See which other factoring company, If any, will be that will be totally upfront with their fees before they try and get your business.
Higher Advance RatesAn "advance" rate is the percent of the invoice face value that you’ll get upfront. Invoice Factoring industry averages for advance rates range from 70-90% of the face value of the invoice. So, for example, if your customer owes you $1,000, you will get an advance payment of $700 to $900 to your account. Our usual advance rates are higher than average - at 85-97% depending on industry and your customer payment track record.
Personalized SolutionsA few invoice factoring businesses are funded by Wall Sreet bankers. We are a privately held company and don't answer to investors and boards. Much like you, we are like-minded business people and we have cleared many of the obstacles that a business encounters. We listen to your story, learn your struggles. Based on that information we will put together a personalized solution for you. Practically all invoice factoring businesses particularly the Silicon Valley Fintech ones almost completely depend on an algorithm to establish your company's funding program. Who do you want to depend on as a cash flow partner to fund your business?
Dedicated Account AdministratorsPractically all invoice factoring companies have either a lot of employee turnover, a complex voice mail system that you get lost in or operate call centers where you talk with a new representative every time you call in. With us, you are set up with a dedicated account administrator to be your point of contact – who understands your business inside out, and can support you in ways the others just can't or don't want to be troubled.
Industry VeteransDon't dismiss the fact that the invoice factoring company will be interacting with your customers on your behalf. Our level of service, stability and longevity, and the caliber of our employees is superior. We have been in business since 1979 and have veteran staff who who have experienced it all. Choose us not only for your sake but for the sake of your relationship with your customer too. Not only will you benefit from our superb service and real-world know-how, but so will your customers.
Our Business is Your BusinessTogether, we create a credit risk tolerance guideline to limit your customer write-offs. We also track each invoice and follow them like your own credit and collections department would. Once they hit the payment date we place friendly reminder calls and/or emails on your behalf and keep notes as to when it is scheduled to be paid, and send copies if necessary until payment is received.
Payment Trend AlertsOur business credit monitoring systems allow us to see early negative trends so that we can protect you from risky transactions. You have quick access to online aging reports and your dedicated account administrator is kept in the loop and given advance notice of any collection issues so to work on them right away.
Customer
Credit History
You get quick direct online access to your customer’s business credit reports, or you can call and speak with your account administrator – whatever works best for you. Stay tuned to negative payment trends. This is crucial to run your business efficiently.
first-rate TECHNOLOGYOur company adopts first-rate technology to smoothly run the funding process, such as electronic submission of invoices, online reports, online credit checking and other emerging methods to streamline the process and reduce overhead, which leads to better rates for you. Practically all other companies are not even remotely close.
As you can see, we simply have more to offer you.
Other factoring companies don't even compare.
And Not All Factoring Companies Can State This:
More than half of our new business comes through client referrals.
Of Course ! Companies of all sizes, from small privately-owned companies to large multi-national corporations, use factoring as a way to increase their cash flow. Factoring spans all industries, including trucking, transportation, manufacturing and distribution, textiles, oil and gas, staffing agencies and more.
Companies use the cash generated from factoring to pay for inventory, buy new equipment, add employees, expand operations—basically any expenses related to their business. Factoring allows a company to make quicker decisions and expand at a faster pace.
Unlike a bank loan, factoring has…No principle or interest to pay over timeNo debt to repayUnlimited funding potential – no capsFast funding – no waiting months like at a bankApproval is based on the strength of your clients, not your creditStartups are welcome in using funding services