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Sovereign Mortgage & Funding Group – As a full service brokerage company we research our network of over 750 lenders, including factoring companies, so that we can provide you with quotes for just about any funding option to assist you in achieving your financial goals. We have access to thousands of programs to qualify almost any business for business funding receivables services.

We know how hard it can be to obtain cash flow when you need it most. The number one reason for business failure in the U.S. today is lack of working capital. Many of these bankruptcies could have been prevented if the operators would have known how to more effectively manage their cash flow issues. That is where Sovereign Funding Group comes in. We can make sure that you are never faced with that problem again. Our Certified Cash Flow Consultants have over fifteen year’s business experience and can accommodate virtually any type of financial request locally, nationally or internationally. One option may be accounts receivable factoring.

If you are a small businessman and you are sending out invoices which are due in 30 days but your customers take up to 30, 60, or 90 days to pay you, then factoring services may be the answer to your cash flow problems. Factoring allows you to leverage your large invoices to gain immediate access to cash. If you are a rapidly growing company you may have a large amount of money in receivables that you can’t tap from a traditional lender. In fact, fast growth creates an inordinate need for working capital. With the economy slowing, banks are curtailing lending and, when they do that, small businesses are always the first to get hurt.

Through the process of invoice factoring (business receivables funding) you may sell your receivables to a funding source (a Factor). Typically the Factor will advance you 70% to 80% of your total amount and retain 20% to 30% in reserve. When the Factor collects on the receivables he will reimburse the reserve amount minus his fee which is typically 3% to 5%. You can see that after the first month of accounts receivable management you will be virtually running a C.O.D. business.

Learn more about business funding receivables and accounts receivable factoring services.

Feel free to contact us anytime for a free no-risk consultation toll-free at (877) 836-4661 or email us if you have any questions.