What is the biggest barrier to rapid growth?

 

Growth requires CAPITAL.  

 

CAPITAL is cash or the ability to obtain loans.  

 

To obtain CAPITAL by loans requires assets, financial history, a low debt to asset ratio, and collateral.

 

 

What is the biggest barrier to providing your customers with credit terms?  

 

You have now completed a delivery, expended funds, need to continue operations but have still not been paid for the product or services rendered and must wait for payment.

 

You have just provided your customer with credit.

 

Providing credit requires CAPITAL while your customer holds your money hostage.  

 

Factoring is the time-honored practice of buying receivables and funding the client (you) with CAPITAL in the form of immediate CASH. 

Factoring is most often utilized to BRIDGE the financial gap between the time of transaction and the time CASH payment is received (credit terms).

Factoring allows the use of CASH on your receivables while providing your customers with credit terms.  The benefits of factoring are immense...

Factoring is often the most cost effective financing.  Receivable financing can be quite inexpensive. Financing an invoice is a small cost when you are forced to make late payments or are unable to take advantage of vendor discounts. By taking discounts from the vendors and possibly adding a little to your invoice, you may be able to factor for free. Also, this is often less expensive than a Bank, that charges Closing Costs , Origination fees, Points as well as Interest. 

Learning new ways to create growth and stability are goals often overlooked by many firms.  At High Falls Funding, our client's success and prosperity is priority number one.