Receivables Factoring
It takes money to make money
You’ve seen that open market; you’ve got the big client; you’ve come up with that new business idea; you know how to grow your business: Now where do you get the capital?
Does your company have an immediate need for working capital?
Account receivable factoring may be the solution for your growing business needs. Account receivable factoring is a no-debt solution based only on your account receivables. Invoicing is advantageous to your customers and can provide a competitive edge to your business. But the reality is that a Cash On Delivery business is much more flexible. Sovereign Funding Group can connect your with the capital you need to grow your business and offer COD like flexibility without sacrificing the terms you have offered to your customers. You will have the capital you need to grow our business, purchase equipment and hire employees.
Improve Your Bottom Line
Account receivable factoring gives your business a powerful financial tool. You get the cash you need now to:
- Fund expansion and growth plans
- Purchase additional inventory to increase sales volume and ultimately, profits
- Purchase equipment and hire employees needed for business expansion
- Respond immediately to seasonal demands and opportunities
- Meet current expenses including payroll and other operating costs
- Take advantage of early payment discounts offered by your suppliers
A No Debt Solution
Accounts receivable financing creates no debts, because the capital you receive is based only upon your accounts receivable. Since factoring is not a loan, you do not have to satisfy a bank’s lending rules. Consequently, you do not need a top credit rating, business longevity or collateral for security. Your funding is based on the financial strength of the companies with whom you do business.
A No Headache Solution
The application for accounts receivable factoring is short (a few pages long) and takes only a short time to get approved. The fees are low and there are no minimums. You will also be talking with solution-oriented consultants looking to help you grow your business.
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.

