Missouri Factoring Companies

Factoring In Missouri

 
Fast Friendly Affordable - By Small Business For Small Business

Missouri Factoring Companies |  Factoring Companies Missouri

Missouri Factoring | Factoring for Missouri

Whether its improving your cash flow by providing you with faster invoice payments, working capital or other business support we're happy to help.

We make a point of keeping truly usable resources on this website and more resource pages than marketing pages.

We truly care about you the small business in Missouri and are willing to prove it.

As you are probably aware, factoring is the process of exchanging the value of an invoice for immediate cash.

It matters little whether it's a healthcare receivable, construction receivable, manufacturing, staffing, trucking or whatever we can handle it.

Very similar to accepting a credit card in which case a merchant gains a cash advance from the credit card company for goods sold.

It can also improve relations with clients by relieving pressure to make them pay sooner as well. The factoring company  can also be used to supply credit checks on new clients.

In either case invoice factoring or card processing a small fee is charged for the service.

Using a factoring company is a great way to improve cash flow and obtain working capital.

For more information just give us a call.

Many industries are able to make use of factoring as a tool to improve cash flow. Many business to business transactions can be factored.

If its a staffing firm or employment agency factoring can provide the money to pay staff on Friday and the factoring company can wait on the contracting company to pay for services.

A transportation or trucking company  can be paid today on a freight bill sot that fuel and other expenses can be paid as needed. Again the factoring company will wait on the payment for a small fee.

Construction and Healthcare factoring are somewhat different though.

Construction factoring being advanced on progress payments to subcontractors and healthcare being advances on medical receivables from third parties such as insurance companies or Medicaid to doctors, medical facilities, hospitals etc.

Accepting credit cards through your merchant account is called credit card processing or merchant services.

In many cases the contracts and cost structure of merchant accounts is more complex than factoring.

Whether this is intentional or not these complexities in credit card processing can cause a great deal of confusion and lead to higher processing costs for the merchant.

Marketing pieces offering "Low fees" are common. Even to the point of advertizing below cost rates. This can mask a higher monthly cost.

As business owners we are all well aware that we have to meet a certain profit margin to sustain our businesses. Below cost is in our opinion a deception because the your actual monthly credit card processing costs will likely be higher than the card processor that quotes you honestly.

In any event, we are here to consult with you on your behalf. Not the banks...

 

Factoring for Missouri

Let us help you improve your cash flow, obtain working capital and grow your business.

We really care about the small businesses in our communities and our communities themselves. See the difference.

Thank you for choosing to do business in the Springfield Area.

A factoring company is in the business of helping businesses improve their cash flow for a small fee.
Similar to a credit card transaction

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Contact | Factoring | Credit Card Processing | Springfield

We work with small & medium sized companies, helping them with invoice factoring and related services. Our goal is too help them compete & grow. It is not to close deals.

Using a factoring company can be an invaluable way to improve cash flow and obtain working capital.

If factoring is not the most cost effective solution for your situation we prefer that you do not use this financial tool.  

Factoring like accepting a credit card (credit card processing)  is simply an advance on funds owed to you. If you sell to Bass Pro, Wal-Mart or many others you realize just because you delivered product or service doesn't mean the money is in your account. That's where a factoring company can help.

While you wait on payment, your rent, utilities, insurance, payroll and all other expenses continue to come due. A factoring company can see that you receive those payments in a timely manner, allowing you to make your payments stress free.

By using a factoring company (accounts receivable finance) you can have that money in 24 hours. Helping you not only meet those obligations but may also allow you to take advantage of new opportunities.

How much more business could you take on if your cash flow was in high gear?

Factoring has a long tradition as being a superior tool to improve cash flow and otherwise obtaining working capital.

Many of your fellow businesses in Springfield and throughout Missouri have used factoring to improve their cash flow.

Although forms of invoice factoring may vary, factoring is generally not a loan, factoring is obtaining cash immediately for invoices not yet paid. Usually though a purchase and sale agreement.

You have undoubtedly seen various websites making claims of being the best, lowest cost or fastest source of factoring.

How can that be true?

At best only one can be the lowest cost factoring company.

We've been running a long term experiment with a different kind of business model. One where we attempt to replace deceptive advertizing, manipulative sales  tactics, caring about you only when it's best for our bottom line with something old.

For many years we have advised clients on how they can cut costs regardless of how adversely it affects our profits.

Whether its improving your cash flow by providing you with faster invoice payments or a superior credit card acceptance plan we are here to help.

We truly care about small business in the Missouri and are willing to prove it.

As you are probably aware, factoring is the process of exchanging the value of an invoice for immediate cash.

Very similar to accepting a credit card (credit card processing, merchant services) where a merchant gains a cash advance from the credit card company for goods sold.

In either case invoice factoring or card processing a small fee is charged for the service.

In many cases the contracts and cost structure of merchant accounts is more complex than factoring.

Whether this is intentional or not these complexities in credit card processing can cause a great deal of confusion and lead to higher processing costs for the merchant.

Marketing pieces offering "Low fees" are common. Even to the point of advertizing below cost rates. This can mask a higher monthly cost.

As business owners we are all well aware that we have to meet a certain profit margin to sustain our businesses. Below cost is in our opinion a deception because the your actual monthly credit card processing costs will likely be higher than the card processor that quotes you honestly.

In any event, we are here to consult with you on your behalf. Not the banks...

Thank you

** Factoring: In some industries it is customary by all factoring companies to require a longer term contract due to the very nature of the asset and/or transaction i.e. insurance paid healthcare. However we try to provide you with the lowest cost and most effective service without long term contracts. In our opinion if we or our underwriters are not performing you should be free to go.

Some of what we work with: Medical Factoring | Healthcare Factoring | Construction Factoring | Invoice Factoring | Staffing Factoring | Industrial Factoring | Import Factoring | Export Factoring | Recourse Factoring | Non Recourse Factoring | A/R Finance | Accounts Receivable Finance | Confidential Factoring | Purchase Order Finance | Purchase Order Funding | Letters of Credit