Customers often ask for credit sales terms of 30-90 days, leaving businesses short of cash as they wait for invoices to be paid. This is where invoice factoring comes in. Instead of waiting for your money to trickle into your account, FLEX CAPITAL will pay you up to 75% of the invoice value as soon as it has been approved. We pay you, while we wait for your customers to pay.
The benefits of invoice financing
Your debtor invoices are valuable assets that can be used to ease cash flow constraints:
- No need to take on debt
Instead of taking on new debt or an overdraft facility, a business can sell selected invoices to raise short term funds quickly and efficiently. - Choose how much money you need
With FLEX CAPITAL you can choose to raise up to 75% of the invoice value. It is up to you to determine the percentage value of invoices that you want to receive upfront to keep your business running smoothly. - A more competitive position for you in the marketplace
By having access to funds when you need it, you can negotiate better terms with your suppliers, thereby increasing your profit margins and your credit rating. - Grab opportunities to scale
Sometimes it can be difficult to commit to big projects. Invoice factoring will give you the opportunity to take on new customers or projects as cash flow needs are taken care of. - Peace of mind
By selling your invoices to FLEX CAPITAL you will have peace of mind knowing that your business will not run out of funds at month end due to unfavorable credit terms imposed on you by your customers. The days of worrying about managing your cash flow commitments will be behind you. - Debtors management
We will assist you with vetting new and existing customers to ensure they are credit worthy and that the approved credit payment terms are appropriate for each debtor. Unlock the cash in your business with a fast,
This article was originally published on www.bizmag.co.za
