WHAT IS FACTORING?
Invoice factoring, also called accounts receivable factoring, is an effective way to help manage cash flow. It provides an alternative to traditional bank financing.

HOW DOES IT WORK?
A company sells its accounts receivable to a Factor at a discount and receives cash. The Factor advances to the company a certain percentage of the invoice upfront. The Factor also typically provides credit management and collection services.

HOW MUCH CAN I GET?
The usual percentage provided by a Factor is between 75% - 90%

  • EXAMPLE:
    A company has $1,000 of sales to factor.
    90% - $900.00 - is advanced by the Factor.
    This upfront payment is not a loan.
    It is an advance on the purchase of accounts receivable.
    The Factor then collects the invoice.
    When the $1,000 is paid, the Factor sends the balance of $100.00 (they already advanced $900.00) less it's fees.
    Fees are based on how long it takes to collect each invoice.

BETTER THAN A BANK
Factoring provides quick liquidity to your business for growth or on-going operations.  As a source of funds, factoring is easier than going to a bank for a commercial loan.  A bank has many financial requirements that most small businesses do not meet.

Banks can require:

  • 60 day application process
  • Complex approvals
  • Time consuming background information
  • Limited line of credit

Factoring Arrangement with Fortified Financial Services Takes Just Days
With your cooperation, a factoring arrangement with Fortified Financial Services can be reached in 24 hours. The amount you can factor is unlimited, based on the credit worthiness of your accounts receivable.

THE DETAILS
 In Just 24 hours ...
Fortified Financial Services will provide you with the cash you need so your business will continue to prosper.
When your invoice is verified, you will be sent an advance payment.
You may request between up to 90% of the invoice to be advanced.

HOW YOU RECIEVE YOUR MONEY
You decide which is best for your needs.  An advance can be

  • Sent by postal service
  • Delivered by Courier
  • Wired to your bank account

This transaction is ordinarily completed within 24 hours.

With today's dependence on speed and urgency, Factoring has become a business asset that is effective and efficient.

There is no faster financial service available for business.

Remaining funds, known as the Reserve, are sent on a prearranged schedule. A fee from 3% to 6% per 15-30 days is deducted from the reserve.

Imagine receiving 90% of your money within 24 hours!

It changes your way of doing business and opens new possibilities.  You get to run your business instead of worrying about being paid!

FACTORING COULD BE FREE
A $10,000 invoice can cost as little as $300 to fund.

By taking discounts from vendors and including the points when you write up the invoice, you could factor for free. Entrepreneurs learn now to manage for technological and financing opportunities like this.

COST LESS THAN A BANK
Consider the HIDDEN COSTS when you turn to a bank to solve your cash flow.

Fees add up:

  • closing costs
  • origination fees
  • points
  • interest

We provide cash flow services to many companies who do not qualify for traditional bank financing or have been turned down.  We help new companies meet their financial needs or have been turned down.  We help new companies meet their financial projections without worrying about their long-term financial statements or how long they have been in business.

Factoring makes a lot of sense!

NO LONG-TERM CONTRACTS
Fortified Financial Services wants to Fortify Your Financial Future!!

We specialize in your type of company and we know your business.  Instead of focusing solely on your company's financial statement, we look at the big picture. 

We are very successful in helping new companies meet their financial projections without having to worry about what their financial statements look like.

QUALIFICATION FOR FACTORING
 If you have any questions regarding qualification please contact a Fortified Financial Services representative.

Call: 1-877-784-3433
Email: info@fortifiedfinancialservices.com
Fax: 1-443-628-2414