Factoring Canada
Factoring is an asset-based financing option for businesses needing capital to grow or improve cash flow to enhance their operations. Basically, factoring is an opportunity for your company to convert all or a portion of your accounts receivable (often a sizable asset on your balance sheet) to cash by selling invoices from your credit-worthy customers to the factor. The factor looks to your customers for the repayment of the funds advanced and consequently, their credit-worthiness is the critical element in the equation. Factoring provides capital necessary to accelerate the growth of your business and allows you to concentrate on running your business instead of collecting your accounts receivable. A good factor will manage your accounts receivable collection function and will represent you in a positive and professional manner when dealing with your customers.
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.


