Monday, 12 September 2011

Factoring FAQ's


Why Factor?

Factoring can accomplish a number of desirable results. The most basic is having an improved cash flow. Strong cash flow can enhance the growth of your business, making it possible to expand without having to take on debt.

What does a stronger cash flow do for me?

Stronger cash flow enables businesses to meet payroll obligations, satisfy operating overhead, take advantage of supplier discounts and establish good credit for future business plans. These advantages explain why factoring has become a valuable tool for small to medium sized businesses in many industries.

Will my customers believe that I am experiencing financial difficulty if they find out that I'm using a factor?

No. River Rock Financial handles your invoices in a discreet and professional manner, thus making it appear as if we are an extension of your organization. Most informed business professionals today are aware that factoring is a common financial tool used successfully by companies of all sizes.

If my customers know that their invoices are factored, won't they take longer to pay?

No, often it's just the opposite. If your customer already has their own policy specifying when to pay invoices, it makes no difference who the creditor is. They will adhere to what their usual policy is.

River Rock Financial. Giving your business the strength of Cash Flow to succeed.