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Medical AR Financing Payment Lock Box
There are many reasons why a business owner would choose accounts receivable factoring to generate cash flow for their business.
Meritus Capital President and CEO, Paul DeLuca gives his top 10 reasons to factor your accounts receivables.
For more information on Paul and Meritus Capital, visit http://www.merituscapital.com/....top-10-reasons-facto
Temporary staffing needs are quite unique and payroll funding is a great way to grow profitability quickly.
For more information on payroll funding, visit http://merituscapitalstaffing.com
Payroll Funding / Invoice Factoring / AR financing - How it can benefit a temporary staffing company
Accounts Receivable Financing/ Factoring/ Payroll Funding
Its not the financing for struggling companies as some believe it to be but quite the opposite!
This can be fuel for the rapid growth of many different types of B2B business. In this video we dive into particularly how it can help a temporary staffing company fund a rapidly growing payroll!
Meritus Capital has been providing these services for almost 20 years. Please feel free to go to https://www.merituscapital.com and learn more, get in touch or sign up!
https://www.merituscapital.com/Payroll-Funding
Invoice factoring has proven over the centuries to be a great tool to improve a business's cash flow, reduce stress and allow business owners to focus on running their business. That is exactly why businesses continue to use it! Find out how factoring works, how to get started and if its the right finance solution for you!
https://www.merituscapital.com/
Transcript:
Are you tired of lying awake at night because your businesses payables are mounting and you can’t seem to get your customers to pay any quicker. Whether it be payroll, equipment, inventory rent, or new orders, waiting on your accounts receivable to roll in can be stressful and make cash flow extremely tight.
Invoice factoring allows you to access between 80-95% of your outstanding receivables at anytime, smoothing out cash flow and helping a business to grow.
How does it work?
Well a company will go through a short application process with an invoice factoring company to get set up and ready to go.
Once the contract is signed and you are set up having this relationship allows you to get funding on your outstanding invoices. Here is how the process works on a day to day or week to week basis in 3 simple steps.
1. You(business) sends invoices along with any backup documentation to invoice factoring company to receive funding on.
2. Invoice factoring company takes those invoices and in some way verifies that the invoices are in fact due and payable and the work has been complete. This can take many different forms whether that be matching the invoices to the backup documentation, checking in a vendor portal or contacting the payer and politely verifying the information.
3. Invoice factoring funds your business based on those outstanding invoices.
Its that easy, this whole process can be as quick as just a few hours!
Sign up today and sleep your stress away!