|Is not based on the business owners credit.|
|Does not lower the value of a business the way a conventional bank|
|loan can by increasing its debt.|
|Is based only on the accounts receivable. A client's ability to raise|
|cash by Receivables Funding is based on the total accounts |
receivable, rather than on traditional measures of financial strength
|Provides continuing cash flow without the requirement of periodic|
|payments or interim payoffs. New sales continuously create new |
power to obtain cash, and the business does not have to deal with
renewal of loans or worry about maturity dates.
|Gives a business increased access to cash as sales and|
|receivables increase. There is no ceiling beyond which the factor |
must stop providing cash. The more sales a business makes, the
more cash it can draw. The factor does not concentrate on the
business debt/equity ratio to provide funds, as banks do.
|Offers a dependable, continuing source of cash without the|
|necessity of making separate loan applications.|
|Avoids the necessity of obtaining funds from venture capitalists that|
|receive an interest in the business and generally have a say in how |
the business is run.
|Saves the business owner time waiting for a loan board to grant or|
|deny his or her loan. With factoring, periodic delays and |
negotiations are eliminated, allowing the business owner time to
do what he or she does best to run the business.
|FREE, No Obligation Consultation! Contact Excel Legal Funding today!
Toll Free: (866) 214-7438