Service Industry Factoring
Bridge Your Cash Flow Gap with Service Industry Factoring by Carter Funding Corporation
Bridging the cash flow gap is often a struggle for companies operating in the service industry. This is typically because most service providers offer services on flexible credit terms. Though this helps build long-term working relationships with clients, these flexible credit policies can impact the performance of the provider negatively when it comes to business expansion, augmenting overhead, and meeting payroll expenses.
Since service providers don’t typically have many tangible goods, it makes it even more difficult for them to apply and qualify for traditional modes of financing such as bank loans. Besides this, the challenging economic times makes it even more difficult for service providers with flexible credit terms to thrive and survive, thereby eventually exposing them to the risk of filing for bankruptcy.
If you’re business is in a similar situation in which you have no product inventory but have strong and ongoing accounts receivable, then get in touch with us!
We can help you bridge your cash flow gap by purchasing your aging accounts receivable/invoices for immediate cash transfers at a factoring rate as low as 1 percent and an advance rate up to 90 percent.
Your service industry factoring line of credit with Carter Funding Corporation is only limited by the credit worthiness of YOUR customers!
Carter Funding Factoring can help you meet your financial obligations through invoice factoring- a 100 percent debt free business funding alternative that requires no repayment and no long term contract. With us, you can access quick financing along with excellent customer service.
Once you partner with us for service industry factoring, we will assign you a dedicated accounting manager who will work with your company meticulously and help you provide the best factoring solutions according to your working capital needs.
At CFC, we strive to make the service industry factoring process quick and convenient. We process all applications within 24 hours and provide funds from reliable lenders to our clients within 3 business days. Thereafter, funds can be obtained on the same day of the request.
This payment has no restrictions or limitations of use which means that you can use it to a variety of needs such as:
- Meeting company payroll expenses
- Evening out company cash flows
- Increasing business liquidity
- Tapping into new business growing opportunities
- Augmenting overhead
- Penetrating into newer markets
- Strengthening your company’s financial standing to attract investors
- Paying your operational expenses with ease
- Increasing workforce
For more information about our service industry factoring solutions or assistance, get in touch with us today! We can help you improve your financial liquidity and meet your ongoing business challenges with ease!
Call 1-888-232-8610 Today!
See what Carter Funding Corporation can do for you and your business!
Factoring for Service Industry
Does your business providing catering, warehousing, staffing, guard or janitorial services? If yes, you may benefit from our Factoring for Service Industry program. If your company sells its products to Electrolux, Technicolor, Williams-Sonoma, Sodexo, Aramark and others, you don’t have to lose business just because your resources are tied up in receivable. We offer invoice factoring service industry to clients who need cash to meet their day to day operations including hiring additional staff to help them meet their financial obligations.
As one of the leading factoring company in the United States, we have put forth more resources and effort into customer service than the traditional financial institutions such as banks. We have been in this business for over 24 years, and we understand clients’ financial needs and why we handle all the receivables forwarded to us with care to avoid driving them into bankruptcy. We partner with businesses to ensure that they meet their financial obligations when they fall due. We have partnered with many companies, and we have provided millions of dollars to our accounts receivable factoring service industry clients.
When you partner with Carter Funding Corporation, you get cash when you need it. We are aware that customers often need funding quickly. Which is why we pay more attention to your client’s credit and if we are satisfied, we provide the much need cash immediately. Don’t risk your company’s future by dealing with new factors. Call Carter Funding Corporation and let’s find a solution to your financial problems.
We have been offering service industry invoice factoring solutions for over 24 years, and our company is growing stronger each day because of the trust clients have in us. We partner with companies that want to receive cash on their receivables quickly since we are financially stable and we can afford to wait for 60 days before the companies pay. We enable businesses to quickly build their cash flow through Factoring for Service Industry programs so that they can easily pay their employees, add more businesses and handle customers’ orders stress-free.
We provide cash advances to business within 24 hours. We pay up to 90% of the invoiced amount, and the remaining balance is paid upon payment of the invoices less a small fee. Choosing and doing business with companies that are credit worth is important because it determines whether you benefit from our Factoring for Service Industry program.
Do not allow the long wait for payment from your clients stifle your business. We can help you achieve your goals by providing cash on your invoice to allow you to take the next order.
Note that we are not in the business of giving loans, but financial support that allows you to take the next order and concentrate on the core of your business as we take over the management and collection of the amount reflected on the invoices. Talk to us, and we can help you to grow your company.
Questions about finance factoring?
Call us now! We would love to hear from you and answer any questions you might have about small business loans, factoring accounts receivable with recourse indicates that and or general invoice factoring questions.
We offer industry specific factoring options such as small business funding opportunities, construction invoice factoring, technology industry invoice factoring, invoice factoring government contracts, invoice factoring service industry and many others. Just give Carter Funding a call to learn more!