Small Business Factoring for the "Little Guy"
When Your Cash Flow Is Up a Creek...
You have good customers and a growing business. Your sales would increase if you could provide 30 day terms for bigger customers. Or you’re already giving terms but the slowness of these payments is hurting your cash flow and stunting your growth.
Through factoring your invoices, you’ll obtain quick working capital to meet payroll, pay expenses, purchase equipment, pay taxes, and meet numerous other needs.
Through factoring your invoices, you’ll obtain quick working capital to meet payroll, pay expenses, purchase equipment, pay taxes, and meet numerous other needs.
That will solve your dilemma... but you still have another: your receivables volume is small. Most factors will not purchase A/Rs of very small companies with volumes under $10,000 per month. Most accept only clients who factor a minimum of $10,000, $25,000, or $50,000 per month. If you’re smaller than that you’re out of luck.
So what can you do if factoring is what you need but you’re too small for most factors?
So what can you do if factoring is what you need but you’re too small for most factors?
Try Us On for Size
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We are here precisely for “under $10k” businesses like yours. What’s more, we charge no application fees and require no monthly minimum fees and no long term contracts. With Dash Point Financial, you can factor just the invoices you need to, and only when you need to.
If your business is new or you work from home...no problem. Start up companies and home-based businesses with strong customers are welcome to factor with us. Even if banks have turned you away, you may qualify. Requirements are simple: you must sell products or services to creditworthy businesses or government customers and wait for payment. Your accounts that pay in 15 to 45 days are best suited for our service. Working with us allows you to concentrate on what you do best: running and growing your company, not managing receivables and chasing payments. That part is our job. Further, at no cost to you, we’ll check the credit of prospective customers before you grant them terms, which usually helps avoid nonpayment surprises later. That decreases your chances of ending up with bad debt. End the stress of waiting for slow paying customers’ checks. Now you can give 30 day terms and still get COD payments...from us! Used properly, factoring can be just the tool to help your small business grow without incurring debt. Explore this site to see if factoring with Dash Point Financial can help your company or another one you know. If you think we’re a good match, give us a call or complete our easy online Application. You’ll find we’re very friendly and ready to help. |
"This has really, really helped my business. Thank you." “You have made a huge difference in my business. I wish I had found you months earlier!” |
We’re looking forward to hearing from you! John Gregg President |
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