The benefits received through factoring vary from business to business, however the increased cash flow is the one factor common to all of them, and therefore, the business may experience the following:

• Increased sales through increased production
• Reduction in administration overheads
• Carry more finished stock
• Increased profit through increased sales and overhead reduction
• Aggressively seek new business
• Increase orders by offering your clients credit terms
• Receive supplier discounts for paying COD (Discount for cash)
• Increased buying power, bulk buy and order by the box-full and receive further discounts.
• Enhanced credit rating, through paying creditors on time
• With discounts on supplies, you can have the competitive edge on your opposition
• Be cash ready to fund unusually large orders
• Have the confidence to take on new accounts
• Tax deductible – all fees are fully tax deductible
• Effective time management – no need to waste your valuable time chasing accounts.
• Enhanced credibility with customers – they now know you have the ability to fulfill orders consistently (very useful when working with blue chip companies)

Why choose BIG Funding Group over other factors?

• Superior service
• Quick approvals
• High advance rates: you receive more cash immediately
• No up-front fees
• Prompt reserve disbursements
• Competitive rates
• Cash flow management reports and advice

For More Information
To speak with a commercial finance consultant, please contact us.