Why Should You Choose Us.

NO ANNUAL TERM FACTORING
CONTRACT REQUIRED

Other trucking factoring  companies require
you to sign a restrictive contract that
ranges from 6 months to 1 year or longer.
And they require you factor with them
during that entire time. With us, factor only
what you choose


HIGHEST CASH
ADVANCES (up to 97%)

We offer the highest advances in the
trucking factoring industry. 
How can we offer such advance rates? 
By using our own money in tandem with our
stellar banking relationship.

 

LOWEST TRUCKING FACTORING RATES
Factoring trucking leader;
We have the lowest trucking factoring
rates in the industry
 
http://www.freightbillfactoring.org/
http://www.factoringofaccount.org/
http://www.factoring-services.org/
http://www.factoring-companies.org/
http://www.account-receivable.org/
http://www.account-receivable-financing.org/
http://www.invoicefactoringservices.org/
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http://www.factoringaccountreceivables.org/

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http://factoringcorp.com
http://flexiblefactoring.com/
http://expressbusinesscapital.com/
http://factormoney.com/
http://factoring-accounts-receivables-company.com/
http://jklfunding.com/
http://www.commercemarketplace.com/home/fcoutts/
http://ocf.com/factoring-home.php
http://www.usloadsource.com/factoring/home-factoring.php

 


Factoring invoice truck - The business owner with the “ultimate factoring company

July 9th, 2007

The business owner with the “ultimate factoring company program”

Inconsistent cash flow is one of the main reasons businesses shrivel. Eventually, every business, even moneymaking ones, have experienced scanty undependable cash flow. Unsteady cash flow does not have to be a inconvenience any more. You know what — banks are not the only places you can get hard cash. Other answers are available and you do not have to borrow.

What is factoring invoices? One resource is called Receivables factoring. Accounts receivable factoring is the process of selling accounts receivable to an investor rather than waiting to fetch the hard cash from the customer.

It’s odd factoring accounts receivable has an ironic salience: It is the financial prop of many of America’s most notable firms. Why is this ironic? Because factoring invoices is not taught in business colleges, is very seldom credited in business plans and is in some measure unknown to the majority of American business people. Yet it is a financial mode that frees up billions of dollars every year, giving the opportunity for thousands of businesses to expand and make more profits.

Account receivable factoring has been around for thousands of years. Factors are finance companies that buy invoices at a discount.

An unpaid receivable or invoice has worth. It is a pledging your customer has assented to pay out in the near future.

factoring account receivables Principals Although Receivable factoring deals entirely with business-to-business dealings, a big percentage of the retail business uses a factoring invoices principal. MasterCard, Visa, and American Express all use a form of Receivables factoring in their retail transactions. Using the purest definition of the word, these large consumer finance companies are really just king-size Invoice factoring companies of consumer paper.

Look at it this way: You make a purchase at Sears and charge it to your MasterCard. The store gets cash almost immediately, even though you do not make disbursement until you are equipped. For this favor, the credit card company charges Sears a fee (typical fees range from two to four percent of the sale).

The vantages Invoice factoring can offer many vantages to cash-hungry businesses. Rather than wait 30, 60, 90 days or longer for payment on a product or favor that has already been delivered, a business can factoring company (sell) its receivables for cash at a small discount off the amount of the invoice.

Payroll, marketing efforts, and working capital are just a few of the business requirements that can be met with this instant cash.

factoring account receivables produces the funds for a manufacturer to renew inventory and make more products to sell: There is no longer a need to wait for earlier sales to be paid. Accounts receivable factoring is not just a cash management implement for manufacturers: Almost any type of business can benefit from Accounts receivable factoring.

Commonly, a business that grants credit will have 10 to 20 percent of its annual sales tied up in accounts receivable at any given time. Think for a moment about how much funds is tied up in 60 days’ worth of invoices: You cannot compensate the power bill or this week’s disburseroll with a customer’s invoice, but you can sell that invoice for the cash to meet those obligations.

Receivables factoring is a quick and easy technique. The factoring company buys the invoice at a discount, usually a few percentage points less than the face great value of the invoice.

The drawbacks

People believe the discount a small cost of doing business. A four-percent discount for a 30-day invoice is common. Compared with the point in question of not enjoying cash when you want it to operate, the four-percent discount is inconsequential. Look at the factoring company’s discount as though your business had offered the customer a discount for paymenting cash. It works out the same.

Businesses understand the discount the same way they act toward a sales price: It is simply the cost of generating undependable cash flow, much like discounting merchandise is the cost of generating sales.

Factoring is a aid used by a variety of firms, not just those who are small or laboring. Many businesses invoice factoring company to reduce the overhead of their own accounting department. Others use Factoring to achieve cash, which can be used to maximize marketing efforts and build production.

Why Factoring Appeals to the Set agoing. Account receivable factoring is especially appealing to young and briskly growing companies. Since the act shortens their business cycle, these firms can grow faster. The ability to make more products to sell while waiting for invoices to be paid in full is enormously eliminated. Such firms usually net much more profit with factoring invoices than without, even when the discount is concludeed.

Receivable factoring vs. Bank Loans So, why not simply go over to the friendly banker for a loan to alleviate inconsistent cash flow sea of troubless? A loan can be difficult if not impossible to receive, especially for a new, high-expansion operation, because bankers are not anticipated to decrease lending restrictions soon. The factoring affiliations between businesses and their bankers are not as strong or as dependable as they used to be.

The impingement of a loan is much distintive than that of the factoring account receivables technique on a business. A loan places a liability on your business balance sheet, which costs you interest. By contrast, factoring invoices puts money in the bank without the creation of any obligation. Frequently, the Invoice factoring discount will be less than the current loan interest rate.

Loans are large-scalely dependent on the borrower’s financial excellence, whereas Receivables factoring is more interested in the excellence of the client’s customers and not the client’s business itself. This is a real plus for new firms without established track records.

There are many whereabouts where factoring receivables can help a business meet its poor cash flow requisites. It offers a continuing source of operating capital without incurring borrowing, which can result in swelling opportunities that dramatically add to the bottom line. On balance any business can benefit from Receivables factoring as part of its overall operating philosophy.

Every good businessperson must understand the concept and benefits of Factoring to generate more profits.

Imagine using these truck factoring programs
Trucking companies choose us again and again because we have the knowledge,experience,and systems that are one-of-a-kind in the factoring industry. Get statrted Today-Make the smart choice for greater profits
Please contact us today and our seasoned truck factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or or visit our web at www.factoringtrucking.org

Factoring invoice trucking - Factoring. Who else wants to double their sales

July 2nd, 2007

Factoring. Who else wants to double their sales

Unsteady cash flow is one of the main reasons firms crumble. Sooner or later, every business, even blossoming ones, have experienced unstable poor cash flow. Volatile cash flow does not have to be a quandary any more. Guess what — banks are not the only places you can get cash. Other remedies are available and you do not have to borrow.

What is factoring account receivables? One solution is called Receivable factoring. Invoice factoring is the act of selling accounts receivable to an investor rather than waiting to get the hard cash from the customer.

It’s rather odd Account receivable factoring has an ironic reputation: It is the financial backbone of many of America’s most blossoming firms. Why is this ironic? Because Receivables factoring is not taught in business colleges, is scarcely ever acknowledged in business plans and is thus far unknown to the majority of American business people. Yet it is a financial action that frees up billions of dollars every year, making it possible for thousands of businesses to succeed.

Receivable factoring has been around for thousands of years. Factors are finance companies that buy invoices at a discount.

An unpaid receivable or invoice has great value. It is a debt your customer has agreed to pay for in the near future.

Invoice factoring Principals Although Accounts receivable factoring deals entirely with business-to-business dealings, a mammoth percentage of the retail business uses a Receivables factoring principal. MasterCard, Visa, and American Express all use a form of Invoice factoring in their retail transactions. Using the purest definition of the word, these considerable consumer finance companies are really just jumbo factoring companies of consumer paper.

Just think about it: You make a purchase at Sears and charge it to your MasterCard. The store gets paid almost immediately, even though you do not make pay forment until you are ready. For this concern, the credit card firm charges Sears a fee (typical fees range from two to four percent of the sale).

The advantages Invoice factoring can offer many vantages to cash-hungry businesses. Rather than wait 30, 60, 90 days or longer for payment on a product or concern that has already been delivered, a business can factoring company (sell) its receivables for cash at a small discount off the amount of the invoice.

Payroll, marketing efforts, and working capital are just a few of the business wants that can be met with this instant cash.

Accounts receivable factoring furnishes the instrument for a manufacturer to replenish inventory and make more products to sell: There is no longer a must have to wait for earlier sales to be paid in full. factoring receivables is not just a cash management medium for manufacturers: Almost any type of business can benefit from Account receivable factoring.

In the main, a business that carries credit will have 10 to 20 percent of its annual sales tied up in accounts receivable at any given time. Think for a moment about how much funds is tied up in 60 days’ worth of invoices: You cannot disburse the power bill or this week’s settleroll with a customer’s invoice, but you can sell that invoice for the cash to meet those obligations.

factoring accounts receivable is a quick and easy method. The factoring company buys the invoice at a discount, usually a few percentage points less than the face great value of the invoice.

The drawbacks

People feel the discount a small cost of doing business. A four-percent discount for a 30-day invoice is common. Compared with the tough proposition of not acquiring cash when you want it to operate, the four-percent discount is small. Look at the factoring company’s discount as though your business had offered the customer a discount for pay offing cash. It works out the same.

Businesses feel the discount the same way they analyze a sales price: It is simply the cost of generating slow cash flow, much like discounting merchandise is the cost of generating sales.

factoring accounts receivable is a means used by a variety of firms, not just those who are small or struggling. Many businesses invoice factoring company to reduce the overhead of their own accounting department. Others use Account receivable factoring to generate cash, which can be used to multiply marketing efforts and enhance production.

Why Account receivable factoring Appeals to the Set. factoring account receivables is especially appealing to young and speedily expanding companies. Since the method shortens their business cycle, these firms can grow faster. The ability to make more products to sell while waiting for invoices to be cash is king-sizely eliminated. Such businesses usually net much more profit with factoring accounts receivable than without, even when the discount is deduceed.

factoring receivables vs. Bank Loans So, why not simply go over to the gracious banker for a loan to alleviate uneven cash flow predicaments? A loan can be difficult if not impossible to receive, especially for a fledgling, high-swelling operation, because bankers are not presumed to decrease lending restrictions soon. The affiliations between businesses and their bankers are not as strong or as dependable as they used to be.

The impact of a loan is much different than that of the Receivable factoring technique on a business. A loan places a liability on your business balance sheet, which costs you interest. By contrast, factoring invoices puts moneys in the bank without the creation of any obligation. Frequently, the factoring receivables discount will be less than the current loan interest rate.

Loans are mammothly dependent on the borrower’s financial good condition, whereas factoring receivables is more interested in the stability of the client’s customers and not the client’s business itself. This is a real plus for new firms without acknowledged track records.

There are many positions where Receivable factoring can help a business meet its uneven cash flow necessities. It produces a continuing source of operating capital without incurring financing, which can result in swelling opportunities that dramatically build the bottom line. Essentially any business can benefit from Accounts receivable factoring as part of its overall operating philosophy.

Every first-rate businessperson must have information about the concept and assets of Receivable factoring to run a profitable business.

Imagine using these truck factoring programs
Trucking companies choose us again and again because we have the knowledge,experience,and systems that are one-of-a-kind in the factoring industry. Get statrted Today-Make the smart choice for greater profits
Please contact us today and our seasoned truck factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or or visit our web at www.factoringtrucking.org

Credit factoring trucking onlinesitemap.com - Factoring account receivables history What is factoring. Aside

June 29th, 2007

Factoring account receivables history

What is factoring. Aside from if you own a business, look forward to creating one or are looking for new financial provisions for your current employer, Accounts receivable factoring can help you gain your financial goals.

Account receivable factoring has the paradoxical distinction of being the financial mainstay of many of America’s most auspicious businesess. Why paradoxical? Because Receivable loan is not taught in business colleges, very seldom acknowledged in business plans and is merely unknown to the majority of American business people,yet it is a financial technique that frees up billions of dollars every year, endowing thousands of firms to flourish and prosper.

Factoring loan is the act of buying commercial accounts receivable(invoices) from a business at a discount. Business practices today direct that in order to get business you, as a provider of goods and services, must administer terms to your customers.These terms can crush the life(and cash is the lifeblood of any business) out of a new or cornered firm. Account receivable factoring has a way and rich tradition, dating back 4,000 years to the days of Hammurabi. Hammurabi was the king of Mesopotamia, which gets esteem as the “cradle of civilization.” In addition to myriad other things, the Mesopotamians first developed writing, put structure into business code and government regulation, and came up with the conceptualization of factoring accounts receivable.

Ultimately, Hammurabi and the Mesopotamians went the way of extinct civilizations, but Factoring loan endured. Pretty near every civilization that valued commerce has practiced some brand of Account receivables loan, including the Romans who were the first to sell actual promissory note at a discount. The first wide-extended, documented use of Receivable funding developed in the American colonies before the revolution. Amid this time, cotton, furs and timber were shipped from the colonies. Merchant bankers in London and other parts of Europe transferred funds to the colonists for these raw materials, before they obtained the continent. This allowed the colonists to keep up to harvest their new land, free from the burden of waiting to be cash by their European customers.

Be informed that these were not banking affiliations as they show themselves today. If the colonists had been forced to use modern banking services in eighteenth century England, the mode would have been much slower. The banks would have waited to fetch from the European buyers of the raw materials before paying the seller of these goods, the colonists. (And at that point, who needed the bank?) This was not practical for anyone affiliate. So, just as today, the “factors” of colonial times made advances against the accounts receivable of clients, letting the clients to proceed with with their operations, way before they had been cash for what they were sold.

With the attainment of the Industrial Revolution, Receivable loan became further focused taking the issue of credit, although the basic premise remained the same. By helping clients in determining the creditworthiness of their customers and setting credit limits, factoring companies could actually guarantee payment for approved customers.This is known as factoring account receivables without recourse(or non-recourse Accounts receivable loan)and is quite conventional in business today.

Antecedent to the 1930’s, Invoice discounting in this country transpired largely in the textile and garment industries, as the industries were direct descendants of the colonial economy that used Accounts receivable factoring so specifically. after the war years, invoice factoring companies saw the potential to bring Factoring invoices to other forms of invoice-based business and the expansion began.Today, invoice factoring companies exist in all shapes and sizes: as divisions of large financial institutions or, in greater numbers, as individually owned and operated entreprenurial endeavors.

Many of these private factoring companies vaulted up in record numbers as interest rates rose to new heights in the 60’s and 70’s. This trend intensified in the 80’s, dominantly due to the increasing impact of interest rates and changes in the banking industry. With banks becoming too expensive and too unalterable due to heavy regulation(remember the Savings and Loan crisis?), the small businessperson was forced to buy other sources of financing for expansion and expansion. As extra and additional banks stop befriending the small bussinesperson, factoring accounts receivable is becoming an increasingy well-liked option.

Businesses, this year alone, thousands will use invoice factoring companies. many see it as a move to more growth and profitability.

Imagine using these truck factoring programs
Trucking companies choose us again and again because we have the knowledge,experience,and systems that are one-of-a-kind in the factoring industry. Get statrted Today-Make the smart choice for greater profits
Please contact us today and our seasoned truck factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or or visit our web at www.factoringtrucking.org

Factoring truck - How green is that apple? - The Age

June 25th, 2007


The Age, Australia - 4 hours ago
Factoring the cost of the local product into the prices of my meals would push them up, out of the range of many of my customers.

Source: news.google.com

Resources for Students (NADA.org)
Want to learn more about careers at auto and truck dealerships? Whether you re a student, a new graduate, a career changer or just curious, you ve come to the right place. Working at one of America s franchised new-car or truck dealerships could be the ride of your life!
Source: www.nada.org

Rest stop: Truckers have trouble finding a place to park - Beaver County Times

Rest stop: Truckers have trouble finding a place to park
Beaver County Times, PA - Jun 9, 2007
But Burruss said it's not that easy when factoring in such things as traffic, weather and the length of stops at shipping facilities.

Source: news.google.com

Imagine using these truck factoring programs
Trucking companies choose us again and again because we have the knowledge,experience,and systems that are one-of-a-kind in the factoring industry. Get statrted Today-Make the smart choice for greater profits
Please contact us today and our seasoned truck factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or or visit our web at www.factoringtrucking.org

Factoring truck - In favour of mandatory speed limiters

June 23rd, 2007


Dear Editor:… [Full Story]

Continuing fuel price volatility is here to stay: industry experts
TORONTO, Ont. - If there’s one thing certain about future fuel pricing, it’s that volatility will persist, Michael Ervin, one the nation’s leading experts on petroleum industry trends warned transport… [Full Story]

Imagine using these truck factoring programs
Trucking companies choose us again and again because we have the knowledge,experience,and systems that are one-of-a-kind in the factoring industry. Get statrted Today-Make the smart choice for greater profits
Please contact us today and our seasoned truck factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or or visit our web at www.factoringtrucking.org

Factoring trucking - Factoring company history Explanation of factoring’s past. Without

June 20th, 2007

Factoring company history

Explanation of factoring’s past. Without considering if you own a business, look forward to creating one or are searching for newfinancial provisions for your current employer, Receivables funding can help you get to your financial goals.

Business factoring has the paradoxical accolade of being the financial mainstay of multitudinous of America’s most fruitful businesess. Why ironic? Because Receivables funding is not taught in business colleges, seldom mentioned in business plans and is relevantly unknown to the majority of American business people,yet it is a financial mode that frees up billions of dollars every year, endowing thousands of firms to burst forth and prosper.

Account receivable factoring is the process of procuring commercial accounts receivable(invoices) from a business at a discount. Business practices today decree that in order to get business you, as a provider of goods and services, must hand out terms to your customers.These terms can close the life(and cash is the lifeblood of any business) out of a new or vulnerable business firm. Accounts receivable factoring has a way and rich tradition, dating back 4,000 years to the days of Hammurabi. Hammurabi was the king of Mesopotamia, which gets recognition as the “cradle of civilization.” In addition to multitudinous other things, the Mesopotamians first developed writing, put structure into business code and government regulation, and came up with the notion of Invoice financing.

Ultimately, Hammurabi and the Mesopotamians went the way of extinct civilizations, but Factoring service endured. Pretty near every civilization that valued business has practiced some form of Business factoring, including the Romans who were the first to sell actual promissory note at a discount.The first generally accepted, documented use of factoring account receivables occurred in the American colonies before the revolution. Throughout this time, cotton, furs and timber were shipped from the colonies. Merchant bankers in London and other parts of Europe furnished funds to the colonists for these raw materials, before they delivered the continent. This permitted the colonists to continue to harvest their new land, free from the burden of waiting to be cash by their European customers.

Fathom that these were not banking affiliations as they present themselves today. If the colonists had been pressed to use modern banking services in eighteenth century England, the operation would have been much slower. The banks would have waited to take in from the European buyers of the raw materials before paying the seller of these goods, the colonists. (And at that point, who needed the bank?) This was not practical for anyone linked. So, just as today, the “invoice factoring companies” of colonial times made advances against the accounts receivable of clients, capacitating the clients to press on with their operations, way before they had been paid in full for what they were sold.

With the approach of the Industrial Revolution, Factoring service became more spotlighted on the issue of credit, although the basic premise remained the same. By assisting clients in determining the creditworthiness of their customers and setting glory limits, factoring companies could actually guarantee payment for approved customers.This is known as Receivables loan without recourse(or non-recourse Invoice funding)and is quite widespread in business today.

Prior to the 1930’s, Accounts receivable factoring in this country developed first in the textile and garment industries, as the industries were direct descendants of the colonial economy that used Factoring services so specifically. after the war years, invoice factoring companies saw the potential to bring Invoice financing to other forms of invoice-based business and the expansion began.Today, factoring companies come in all shapes and sizes: as divisions of considerable financial institutions or, in higher numbers, as individually owned and operated entreprenurial endeavors.

Many of these private invoice factoring companies emerged in record numbers as interest rates rose to new heights in the 60’s and 70’s. This trend intensified in the 80’s, generally due to the increasing impact of interest rates and changes in the banking industry. With banks becoming too expensive and too hard and fast due to heavy regulation(remember the Savings and Loan crisis?), the small businessperson was coerced to make happen other sources of financing for expansion and growth. As yet and more banks stop befriending the small bussinesperson, factoring account receivables is becoming an increasingy accessible option.

Year after year, more companies growth and profitability is because of factoring.

Imagine using these truck factoring programs
Trucking companies choose us again and again because we have the knowledge,experience,and systems that are one-of-a-kind in the factoring industry. Get statrted Today-Make the smart choice for greater profits
Please contact us today and our seasoned truck factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or or visit our web at www.factoringtrucking.org

Factoring trucking debit bankruptcy real estate in - Senate Panel Delays Border-Card Rule

June 18th, 2007


The Senate Appropriations Committee approved an amendment to halt the launch of a plan for a new border-crossing card for at least 17 months, in order to give the Departments of State and Homeland Security more time to fix its problems

Imagine using these truck factoring programs
Trucking companies choose us again and again because we have the knowledge,experience,and systems that are one-of-a-kind in the factoring industry. Get statrted Today-Make the smart choice for greater profits
Please contact us today and our seasoned truck factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or or visit our web at www.factoringtrucking.org

Factoring invoice trucking -

June 14th, 2007

Imagine using these truck factoring programs
Trucking companies choose us again and again because we have the knowledge,experience,and systems that are one-of-a-kind in the factoring industry. Get statrted Today-Make the smart choice for greater profits
Please contact us today and our seasoned truck factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or or visit our web at www.factoringtrucking.org

Charge factoring factoring trucking - Is a factoring  company for you?   The

June 12th, 2007

Is a factoring  company for you?  

The important way of knowing if accounts receivable factoring is for you is to not to look only at the bottom-line factoring service fee, but also to count how your business may multiply it’s profits through factoring services.  

Here is other information using factoring services to help you with your selection.  

How are fees and advance rates determined? 

It is established using various factors:

The creditworthiness of your clients

Your monthly billing volume

Average invoice size

Average days to payment

Fees can range from 2-5 % of the invoice’s face worth.

For example if the invoice’s great value is $1,000; a fee of 3% equals $30.

Advance, what is it?

The measure of hard cash you obtain immediately when we buy your invoice. The balance is repayed to you when your customer pays the invoice.Advances range from 60-95% of the invoice’s face worth. For example if the invoice’s value is $1,000 an advance rate of 80% equals $800. The balance of $200 less the  factoring receivables fee is handed back to you when your customer pays the invoice.  

Analyzing Bank Lending Rates to invoice factoring?

When compared to bank lending rates,  factoring account receivables initially appears to be very spendy. Here are five typical questions/concerns that are raised by potential invoice discounting clients  

That’s unbelievable!! 3 points per month! That’s 36 percent year!

It is tempting to annualize the numbers, but that is an "apples and oranges" similarity.Banks loan moneys at an annualized interest rate, 12 percent per year for example. We favor your receivables at a discount. The products are unlike and there are other inconsistencies to this wrong similarity  

The bank provides the moneys only one time, the day that you acquire the loan; we deliver funds perpetually. As an example, concede a bank loan for $100,000 at 12 percent. You receive the $100,000 just one time and then pay $1,000 interest per month interest and you still owe the $100,000. Or the bank could replenish you with a line of credit that you employ only when you need the hard cash but the bank is charging you for that authority and if you need to increase your line you need to go through the qualifying method all over again.  

When you factor $100,000 each month for a year you have the employ of $1.2 million (12 x $100,000) over the year. Unlike a bank loan where you have just $100,000 one time. For example a 3 point discount, the fees over the year will be 12 x $3,000 or $36,000, which is still 3 percent of $1.2 million. And you don’t acquire any debt at the end of the year!

If I only get 3% profit, how can I pay you 3 points?

A company producing only 3% net profit can do enhanced business volume as a result of accounts receivable loan, and the higher volume will by-product in a larger profit margin because fixed costs do not pump up with volume. The increased business at a greater marginal profit leads to an increased overall profit margin. As the volume widens, the cost of production ebbs, so that profits build. Fixed costs i.e., rent, electric, insurance, etc., increase not much or not at all with volume. An multiply in business will not affect rent. Electric bills may rise barely. Workers compensation insurance may expand insignificantly. These costs do not develop as do direct production costs.

Let’s graphically do the math for example you can double your sales

Without factoring

Monthly Gross Sales $50,000

Cost of Goods Sold $30,000 60% of Gross Sales  

Monthly Gross Profit $20,000 40% of Gross Sales

Fixed Expenses $10,000

Variable Expenses $8,500 17% of Gross sales

Receivables funding Fee N/A

Total Expenses $18,500 37% of Gross Sales

Monthly Net Profit $1,500 3% of Gross Sales  

 

With invoice funding

Monthly Gross Sales $100,000

Cost of Goods Sold $60,000 60% of Gross Sales

Monthly Gross Profit $40,000 40% of Gross Sales

Fixed Expenses $10,000

Variable Expenses $17,000 17% of Gross Sales

Business factoring Fee $3,000 3% Fee

Total Expenses $30,000 30% of Gross Sales

Monthly Net Profit $10,000 10% of Gross Sales

But I’m only getting 80% of my money advanced

Let’s pretend an advance rate of 80%. Let’s also suppose that you launch accounts receivable factoring in January. You have factored $100,000, we pay you $80,000 of that money upfront, with the remaining funds getting up the fee (3%) of $3,000 and the reserve (17%) of $17,000.Currently in February, you once again sell $100,000 and take in $80,000. Yet. you also take in your January reserve of $17,000(assuming your customer pay back in 30 days). So for February, you actually get hold of 97% of your cash, instead of 80%.In the second month and going forward you are basically attaining 97% of your undependable cash flow.

But what if my customers stetch out more than 30 days to pay?

You have certain options, Presurmise your client takes 60 days to pay you bill your client in the generally accepted technique and simply allow 30 days to go by ahead of factoring services that invoice. That way you pay back the 30 day fee. One more way is to sell your swift-paying customers first for the cash you need. 

Imagine using these truck factoring programs
Trucking companies choose us again and again because we have the knowledge,experience,and systems that are one-of-a-kind in the factoring industry. Get statrted Today-Make the smart choice for greater profits
Please contact us today and our seasoned truck factoring professionals will help you get the cash you need today. - Call us at 1-800-986-1859, or or visit our web at www.factoringtrucking.org

Trucking freight bill factoring - New trash days ahead for some Houstonians - Houston Chronicle

June 11th, 2007

New trash days ahead for some Houstonians
Houston Chronicle, United States - May 26, 2007
Buchanan said his team realized that it would be most efficient to change some collection days, when factoring in the service centers where trucks are

Clinton bargains for better fuel economy (CNN Money)
U.S. Sen. Hillary Rodham Clinton Saturday offered a double-barreled campaign message for the struggling U.S. auto industry: accept tougher fuel economy standards in exchange for federal help with the costly burden of retiree health care.

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