Invoice Factoring 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.
Over the years the cash flow industry has grown to include up to 60 different “income streams” that can be sold by their owners, such as structured settlements, lottery winnings and cash flow notes. One of the more common income streams are invoice factoring services.
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 is the answer to your cash flow problems. Factoring companies allow 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 accounts receivable factoring (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 you will be virtually running a C.O.D. business.
In addition to invoice factoring services, SFG has helped dozens of companies find the venture capital through angel investors sought after to grow their businesses. Think of the possibilities when you have cash on demand! Learn more about Sovereign Funding Group invoice 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.

