OCF FACTORING
COMPANY
- Providing cash accounts receivable factoring services
nationwide
- Over 70 years of factoring company experience
- Up to 97%
Advance Rates
WHAT SETS US
APART
• Same Day
funding on approved invoices
• We do not require a long term contract.
• 97% advance rates; tops in the
industry
• Credit analysis on new and existing customers
• Continuous
collection management and
follow up on factored invoices
• Invoice and
statement mailing (postage included)
• Account status inquiries anytime;
24/7 online account access.
Our
flexibility allows you to maintain control:
• You
select accounts you prefer to factor
on an invoice by invoice basis.
•
You control total factoring costs by only
factoring on an "as needed"
basis.
Up to 97% Cash Accounts Receivable Advance
Rates:
Advance rates are based
on overall risk
associated with a particular industry as
well as
experience and track record.
We hold reserve accounts to
accommodate
industries which typically experience dilution
and that we
would otherwise not be able
to service. Advance rates range from
80% to
97% of the gross invoice amount.
Cash Accounts Receivable Fee Structures:
Fees are determined based
on your industry,
the credit worthiness of your customers,
how quickly
your invoices turn, and
monthly factoring volume.
OCF provides
individualized customer service,
by tailoring our flexible programs to
fit the individual
needs of each of our clients. We strive to
be
responsive, handling receivables
with speed, efficiency, and a personal
touch.
As a client you are assigned one account
administrator
who will personally handle
all of your account activity and
inquiries.
This gives us the ability to buy your
receivables and get the
money to
you within 12 to 24 hours.
Having one person look
after your account
also makes it easy for you to decide
which invoices
you are going to sell and
when you want to sell those invoices.
Our funding is primarily done by
direct deposit or
wire.
OCF has more than 70 years of successful
cash flow and
credit management experience,
experience we would love to put to work for
you.
To talk with a member of our sales team,
please
contact one of our regional offices at:
Toll Free:
888-266-0197
Fax #: 425-702-1874
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More on Cash Accounts Receivable Factoring
Cash accounts receivable Factoring is the conversion of a company's commercial accounts receivable into immediate cash by selling those accounts at a discount.
"We have plenty of business, but what we really need is cash to run our business!"
Have you ever heard a frustrated business owner utter this remark? Or thought it yourself?
What would you say if I told you I could help you or that other frustrated business owner get that cash to keep that cash flowing in your business -- keep your business up and going and running smoothly so that you can do what you do best -- run your business?
Finding a Cash accounts receivable factoring company is difficult, but many people do not know what a Cash accounts receivable factoring company actually does or provides. If you are in business for yourself, chances are good, you should really understand the concept behind a Cash accounts receivable factoring company providing a cash advance via an invoice factoring service.
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There is a misconception that invoice cash accounts receivable Factoring is the conversion of a company's commercial accounts receivable into immediate cash by selling those accounts at a discount. cash accounts receivable Factoring is the conversion of a company's commercial accounts receivable into immediate cash by selling those accounts at a discount. factoring is a kind of loan. This is absolutely wrong, as with construction
factoring you pay neither interest nor principal.
Invoice factoring is not a loan. The main benefit of invoice cash accounts receivable Factoring is the conversion of a company's commercial accounts receivable into immediate cash by selling those accounts at a discount. cash accounts receivable Factoring is the conversion of a company's commercial accounts receivable into immediate cash by selling those accounts at a discount. Cash accounts receivable Factoring is the conversion of a company's commercial accounts receivable into immediate
cash by selling those accounts at a discount. factoring is that no liability will appear on a company's balance sheet due to construction factoring; furthermore, it financially revitalizes the business.
Cash accounts receivable Factoring companies purchase the invoices, but what does the construction factoring
company get for its time and effort? Factoring companies purchase your invoices
at a reduced rate. There is another benefit to offering Cash accounts receivable
factoring by the factoring company - the business does not have to worry about
collecting the debt should the debtor default or renig on the promise of cash
later. Of course, no one wants to think debtors will not live up to their end of
the deal, but when the inevitable does happen, an invoice Cash accounts receivable factoring provider is
a good partner to have on your side.
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Your company is like any other company and has many responsibilities towards their employees, customers, vendors, investors and government. They are bound to answer questions or queries that are raised time to time. Unless, they maintain a sound accounting Cash accounts receivable procedure and proper reporting systems they can not fulfill these requirements.
What growing businesses need is a form of cash accounts receivable financing that is tied to sales, allowing you to get more working capital, as your company grows. Furthermore, the cash accounts receivable solution should work for small and mid size businesses that may not have established credit histories, but that have great paying customers. Is there such a solution?