LOS ANGELES, CA -- 11/10/09 --
In the current economy, when many companies
are experiencing rapid change and most companies are struggling to control
costs, cash flow can be a major issue. BusinessFactors.com, a leading business finance company, is
offering a wide range of financial services to help these companies with
their changing business needs.
While banks and other lending institutions are tightening their purse
strings and making it harder for small companies and startups to obtain
loans and credit lines, Business Factors offers flexible options for
companies of all types and sizes to enable them to work with what they have
and obtain cash flow on terms that work for both sides.
"We understand that many small and mid-sized businesses find it difficult
to acquire working capital funds through traditional business loans,
especially during this weak economy," said Robert Bernfeld of
BusinessFactors.com. "We want to help these businesses succeed --
regardless of their financial situations."
Business Factors provides working capital, asset based loans, inventory
financing loans and factoring solutions to
many companies who do not qualify for traditional bank financing. Their business finance solutions rely
heavily upon companies using their own resources (such as unpaid invoices,
inventory, etc.) to obtain money they are owed. "Most of our financial
options simply pay the customer money they had coming to them anyway --
just faster," said Bernfeld.
"For instance, say a company provided a product or service for a customer
and then sent them an invoice. The customer could have anywhere from 30 to
90 days to pay that invoice, but if the company is experiencing cash flow
issues, they need that payment now. This company could take advantage of
accounts receivable factoring with
BusinessFactors.com where we pay up to 98% of the face amount of invoices
in cash, then assume the responsibility of collecting the invoice. They
receive their money quickly, and they have no loan to pay back."
Small, mid-size or large companies can all use business finance and
factoring solutions from BusinessFactors.com to free up cash flow for
seasonal sales spikes, sudden business growth, working capital, R&D,
marketing, expanding the company or purchasing new equipment.
For additional information on business finance and factoring solutions from
BusinessFactors.com, call 888-234-6663, or visit www.BusinessFactors.com.
About Business Factors:
Business Factors is a business finance company that specializes in
providing invoice factoring, accounts receivable financing, equipment loans
and leasing, and more to businesses across the US and Canada. They are
experts in the business and finance industry, and can help large and small
businesses successfully find the best solutions for their growing business
capital needs.
Contact:
Robert Bernfeld
310-543-6808
