Financial Solutions For Your Business
662-393-3800
How Does It Work
What is factoring?
Factoring is a financing method that allows you to turn your accounts receivable into cash.
Here is how it works:
Your company delivers a $1,000 order to your customer. You have costs incurred with this order (materials, payroll, overhead, etc.). All of your capital is already tied up in the business. The factor buys the invoice for cash. In 30, 45 or 60 days, depending on the pay history of your customer, the invoice is paid. The factor subtracts the discount fee and you receive the balance or the reserve. The transaction has enabled you to receive a new $1,000 order.
How to get started:
You will find that factoring is much simpler than most traditional financing. Setting up your account is quick and easy.
- Easy application
- Competitive rates
- No start up fees
- No banking red tape
- No minimum
Who needs factoring?
- Companies that are growth oriented
- Companies that cannot get adequate bank financing
- Companies in need of additional capital for any reason
- New companies
What factoring does:
- Improves cash position
- Increases purchase power
- Works to improve credit ratio
- Makes it possible to increase production and sales
If you are unsure your company can or should factor, give us a call. We have a flexible program that can probably meet your needs. Spend your time making money…not chasing it.
Contact us
today.
Contact Information
Jim Beliew
Capital Express Inc.
8089 Getwell Road
Southaven, MS 38672
Phone:
662-393-3800
Fax:
662-393-4800
Business Hours
Monday-Friday 9 a.m.-5 p.m.
Contact Information
Jim Beliew
Capital Express Inc.
8089 Getwell Road
Southaven, MS 38672
Phone:
662-393-3800
Fax:
662-393-4800
Business Hours
Monday-Friday 9 a.m.-5 p.m.
How Does It Work
What is factoring?
Factoring is a financing method that allows you to turn your accounts receivable into cash.
Here is how it works:
Your company delivers a $1,000 order to your customer. You have costs incurred with this order (materials, payroll, overhead, etc.). All of your capital is already tied up in the business. The factor buys the invoice for cash. In 30, 45 or 60 days, depending on the pay history of your customer, the invoice is paid. The factor subtracts the discount fee and you receive the balance or the reserve. The transaction has enabled you to receive a new $1,000 order.
How to get started:
You will find that factoring is much simpler than most traditional financing. Setting up your account is quick and easy.
- Easy application
- Competitive rates
- No start up fees
- No banking red tape
- No minimum
Who needs factoring?
- Companies that are growth oriented
- Companies that cannot get adequate bank financing
- Companies in need of additional capital for any reason
- New companies
What factoring does:
- Improves cash position
- Increases purchase power
- Works to improve credit ratio
- Makes it possible to increase production and sales
If you are unsure your company can or should factor, give us a call. We have a flexible program that can probably meet your needs. Spend your time making money…not chasing it.
Contact us
today.