TOP 21 REASONS TO TALK
TO AN ACCOUNTS RECEIVABLE FACTORING COMPANY ABOUT
ACCOUNT RECEIVABLE FINANCING

Although there are many reasons for small businesses to start account receivable financing, Praxis Capital believes these 21 are the most important in your decision to work with an accounts receivable factoring company!

Top 21 Reasons to work with an accounts receivable factoring company:

1 Turn accounts receivable into cash immediately
2 Factoring is easy and fast
3 Meet increasing sales demands
4 Don't give up equity
5 Offer better and more competitive credit terms to customers
6 Work with no personal guarantees
7 Take advantage of early payment discounts
8 Concentrate on growing your own business
9 Take advantage of volume discounts
10 Stop offering early payment discounts to customers
11 Begin to build and improve your credit
12 Don't incur any new debt
13 Use your customer's good credit as leverage
14 Get invoices paid faster
15 Reduce your company’s bad debt
16 Early detection and warning of customer service problems
17 Credit screening
18 Credit monitoring
19 No geographical limits
20 Receive professional collections and invoice processing assistance
21 Receive detailed management reports
   

 

 

 
 
   
WHAT IS FACTORING?
   
HOW FACTORING WORKS
   
WHY FACTOR?
   
WHAT DO CUSTOMERS THINK?
   
WHAT INDUSTRIES FACTOR?
   
FAQs
Factoring vs. Bank Loans
Factoring & My Customer
Factoring & My Business
Why Praxis?
   
GLOSSARY OF TERMS
   
21 REASONS TO FACTOR
 

 

 
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phone: 484.537.0600 fax: 484.537.0608
mail: info@praxiscapital.com