Commercial and Business Financing
"We are here to answer any and all of your financing questions"
Linda Kirschner, Administrator Assistant
Action Funding, Inc.
61 Commercial Blvd.
Torrington, CT 06790
1-877-599-6906
Member of:
NAMB, CMBA, FSMB
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| > FAQs > What do I do with my accounts receivable?
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 | What do I do with my accounts receivable?
FACTORING!
What is factoring? Basically, it is a loan against accounts receivable where a portfolio of accounts receivable can fund cash needs up to 75% of face value. There is a range in the program offered: the lower limit is one million in factoring/sales volume, while the upper limit is forty million.
Think what this could mean.
A company has $1,350,000 in accounts receivable. The company could free up to one million dollars for growth, projects, acquisition, working capital, or even qualify for supplier discounts on materials. If a company has $53,350,000 in accounts receivable, it could free up to 40 million dollars!
Factoring is open to a broad array of industries with good quality receivables. The industries currently not qualified for the factoring program are the medical and construction fields.
Is it time your company put its assets to work more effectively? It's time to stop saying, "If only we had the cash, we could..."
Call us at Action Funding for information that could unlock your company's accounts receivables and get cash to grow your business. Just one more reason our motto is Money in Motion!
Certain rules and restrictions apply.
Terms of program may change without notice.
Contact us today for more information.
Toll-free: 1-877-599-6906
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