Credit card factoring your company's current accounts receivables are sold at a discount rate to another company.
The factoring company assumes the credit risk of the account debtors; it is also entitled to receive the funds as the debtors settle accounts.
Bankers Global Trust provides credit card factoring services to all types of businesses.
Credit card factoring allows our customers to benefit from their potential future credit card sales to obtain working capital funding from our company.
The benefits do not end here.
Factoring your credit card receivables posses various advantages over a business cash advance or load product.
With credit card factoring by your side, you won't worry about traditional loans that involve fixed monthly payments.
Get quick and easy access to cash with improved cash flow and growth for your small business.
Credit card factoring also helps months with increase sales revenue by allowing you to increase your inventory to meet seasonal demand.
How factoring can really benfit your bottomline: When you extend credit to your customer, or you extend payment terms to your customer, you become their BANKER! In effect, you loan your customer money for 30 days, or more, INTEREST FREE, and you lose the use of that money while you are waiting to be paid.
Your business may lose interest that you could have earned.
You can't take advantage of purchase discounts from your vendors.
You may lack capital to service the next project request and be forced to decline the work.
For merchants this may cause you to cut back on inventories resulting in potential revenue loss during your peak seasons.
You may contact Bankers Global Trust by email at: support@bankersglobal.
com or call 517-914-4506