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Trade Receivables Financing - Cash for Your BusinessIt's an age-old problem. Companies need to move quickly to make sales or expand into new markets. They also rely on a steady stream of payments from their buyers to meet operating expenses. Waiting for payment can throw off this tightly orchestrated schedule. Trade receivables financing, also called factoring, advances cash for qualified receivables, so you avoid waiting 30, 60 or even 90 days for payment. This practice is especially appealing to small and mid-sized businesses that find bank lending requirements too restrictive. Receivables financing provides these benefits:
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Business InformationProvides commercial credit reports and credit scoring on domestic and international companies.
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FactoringCompletes your financial package by combining credit protection, financing and collections.
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