Trying to increase sales but cash is tight because it's all tied up in your receivables and inventory? You have provided the product or service, but your customers just haven't paid you yet! If you have to pay expenses faster than you can collect accounts receivable you will continuously struggle with cash flow problems and unless working capital is readily available, it is next to impossible to grow.
We have a great solution. We buy your accounts receivable, and you get Next Day Cash through invoice factoring. No more waiting 30, 60, 90 or more days for your customers to get around to paying your invoices. With TRANSFAC you get immediate cash flow when you need it most - Now!
For example - Let's say that you provide a product or service and offer your customers payment terms on their invoices of 30 or more days. TRANSFAC will buy these invoices and give
you a next day advance on a substantial portion of their face value. When your customer pays the invoice, we subtract the original advance amount and refund the difference back to you less a small fee.
TRANSFAC has been a factoring company for over 60 years. Our account receivable management and financing, along with P.O. financing and inventory funding, if needed has provided a fast and reliable way for hundreds of our clients across the United States to unlock the cash tied up in their accounts receivable. With accounts receivable financing you confidently finance growth knowing that ready cash is always available. Dependable and consistent cash allows you to go forward and take on new accounts, pay suppliers, meet payroll, pay taxes, buy inventory, whatever…
