Why Use Factoring?
- To meet payroll and other immediate cash flow requirements.
- To spend more time on business operations and less on reporting requirements.
- To obtain customer credit risk protection.
- To buy inventory for increased sales.
- To have an alternative to bank financing or equity financing.
- To supplement or reduce the amount of equity being raised.
- To take advantage of vendor discounts and opportunistic purchases.
- To bring taxes current.
- To acquire equipment necessary to reduce costs.
- To reorganize, whether in or out of bankruptcy.
- To make strategic acquisitions.
Factoring Benefits and Solutions
SAVE TREES – no financial statement requirements.
SAVE YOUR MARRIAGE – no personal guarantees required validity guarantee only.
SAVE TIME – close in 4-5 business days.
SAVE ENERGY – application and aging report are all the documents needed to qualify.
SAVE ACCOUNTING AND LEGAL COSTS – straightforward pricing structure – no need for CPA to evaluate costs. Our 4 page factoring agreement is easy to understand with or without an attorney.
SAVE THE ORDER – let CCG arrange for purchase order funding and do not lose the order!
SAVE RELATIONSHIPS – clients can pick and choose which receivables to fund.
SAVE AT CLOSING – nominal due diligence charge and no closing fees.
SAVE MONEY – very competitive pricing with no monthly minimum fees and no long term commitment.
SAVE YOUR SANITY – our simple, fast and straightforward way of doing business and our professional team will keep your cash flowing so that you can operate your business more effectively.