Invoice factoring services california update#
Invoice factoring services california software#
Invoice factoring services california series#

We have the programs you need to improve your cash flow and keep generating the invoiced sales that will allow your business to grow. When you sign up with our commercial factoring services, our professionals analyze your business and develop a system that can withstand the quantity of business that you do both in terms of dollar volume and the number of invoices.Ī company like ours does not become a top financial partner to small businesses all over the country by failing to think ahead. The moment that your commercial company starts to see a rise in invoiced sales is not the time that you want to find out that your California factoring company cannot keep pace. It is a system we have spent years developing and it has helped to make us one of the most efficient commercial factoring companies in the country. Your accounting staff will have constant access to a system that allows them to input invoices and then wait for us to put cash in your account a few hours later.

Our process runs over website and we customize it to fit your needs. When we set up an account with a new client, we will create an interface that the client can use to process invoices quickly and efficiently. As that bakery grows, so do the cash flow problems. A commercial bakery also tends to have a lot of clients that generate smaller invoices. What do you do if you are already using a commercial factoring company to help you maintain cash flow and that company can no longer keep up with the work load? A commercial bakery is a business that requires constant cash flow to purchase fresh ingredients to meet customer needs.

Our Commercial Factoring Services Meet Your Needs That is how we are able to help out clients that do a great deal of revenue, but generate a significant amount of invoices.

Invoice factoring services california update#

We are constantly monitoring the business we do with our customers and we work hard to update our commercial factoring arrangements so that they benefit us and our clients. The important thing to remember is that the worst time to discover the limitations of your California factoring company is when that relationship starts to fail. For example, some California factoring companies are able to handle large transactions on a regular basis, but they are not able to handle a multitude of small transactions that add up to a significant amount of revenue each and every day. In the course of doing business with a commercial finance company, it can become apparent after a while that the organization has limitations. New Recipe for Success California Companies: You Need A Factoring Service That Grows With Your Business 'We're back to doing what we do best, baking some of the finest breads and pastries in Los Angeles. Within 90 days, we made a tremendous difference with the outstanding receivables and the client's cash flow. We felt the largest hurdle lay with the delinquent receivables and focused a significant amount of resources to identifying and collecting the past due balances.

The large number of customers and relatively small dollar value of invoices would be a challenge for even the largest factors. The bakery had significant challenges with the make-up of their account. After nearly 4 years, they asked us to find a new funder.' Our existing funder did what they could to support us but it was simply too much work and it strained our relationship.

Invoice factoring services california software#

It's a lot of work for anyone, and when we lost a key employee and our accounting software failed, things turned from bad to worse. 'We have more than 300 customers that we deliver to on weekly basis and generate almost 2,500 invoices each month.

Invoice factoring services california series#

After a series of unfortunate events, the relationship with their existing factor simply deteriorated. Keith Chapman owns one of Los Angeles' largest and most successful commercial bakeries.