factoring invoices
UC Factors turns receivables into cash
1-800-228-7151
factoring invoices
     

Services:

Factoring is a financial arrangement, yet it is not lending.  Factoring is the purchase of accounts receivable at a discount.  A notable difference between factoring and lending is the amount of service and personal interaction between the factor, client, and account debtors (customers of the client).

The Services Provided:

   check UC Factors credit checks and approves the account debtors.
   check UC Factors funds on approved invoices and accepts the risk.
   check UC Factors bears the risk if the invoice is not paid, should your customer file bankruptcy
           or go out of business.  In our business this is called non-recourse factoring.
   check UC Factors follows up on the factored invoices to ensure timely payments from the account debtors.
   check UC Factors provides the client with detailed, easy to understand reports.

The Benefits:

   check You have improved cash flow by 30 to 60 days.
   check You have more access to cash flow as your sales increase.
   check You can ask vendors or suppliers for the following:
          checkmark  “Cash” discounts
          checkmark  Increase your credit limit with quick pay or by bringing an account current.
          checkmark  Reduce your prices based on a higher volume of business.
   check You remove the risk of taking a bad debt (from customer non-payment).
   check You have a professional staff handling your Accounts Receivable administration.
   check You can pay your bills and handle payroll easier by being able to control your cash flow.

The UC Factors equation:

Cash Flow   +   Service   =   Benefits To You

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