The traditional factoring method, better known as Accounts receivable factoring enables your firm to provide working capital financing alongside the facility to outsource collections functions and credit.
Accounts receivable factoring
(factoring) provides companies with the
working capital financing they need to
pay operating expenses, fund inventory
and pay for machinery and equipment.
Factoring also provides credit
management services, collections and in
most cases credit protection on invoices
as a result of a customer default.
Criteria: Most companies qualifying
for
Blue Mountain
factoring services are B2Bs
(business-to-business) in manufacturing,
wholesale, distribution and/or services
generating commercial accounts
receivable invoices.
If you think
invoice factoring is right for you, call us at
877-299-4412
or simply click here:
Request a Quote.
What is invoice factoring?
Factoring is a complete financial
solution that combines credit
management, working capital
financing, credit
protection, accounts
receivable bookkeeping, and
collection services.
Blue
Mountain provides business
factoring services as well as international
factoring for clients
doing business around the world.
How does factoring work?
Accounts Receivables factoring is an
agreement between your business and
Blue
Mountain.
►Blue
Mountain establishes credit lines
for your customers and clients based
on our credit management expertise
and years of experience.
►You
ship goods or provide services to
your customers and clients as usual
and assign the commercial accounts
receivable invoices to
Blue
Mountain.
►Blue
Mountain performs collection
services on accounts receivables in
a customer-friendly fashion once the
invoices become due.
►Payments
are remitted to your company less a
small fee.
Accounts receivable factoring
provides a business line of credit
that allows you to borrow against
your factored invoices for working
capital needs such as inventory and
equipment financing.
Online reporting allows you access
to your account to monitor accounts
receivable agings as
well as individual invoices.
To get started factoring your
accounts receivable invoices,
call us at
877-299-4412
or simply click here:
Request a Quote.
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