Receivable Management Service (RMS)
Receivable Management Service is designed for the customer who wants to improve cash flow and save time and money on billing, collections, and accounts receivable management. RMS is ideal for a small or growing company that has cash needs and does not want to spend the resources on billing and collecting invoices. Simply send invoices to Transfac when the job is complete. We purchase the Invoice, advance cash to you the next business day, send the invoice to your customer, and manage the collection of the invoice.
Receivable Funding Line (RFL)
Receivable Funding Line is for the customer that can manage their cash needs on a daily basis. An RFL customer will still enjoy the benefits of outsourcing the accounts receivable factoring. Transfac will purchase invoices and use those invoices as a pool of collateral for a credit line.