Factoring

Is your business in need of a factoring service that can help your bottom line with ease and integrity? If so, 1st Trust Factoring can help. This is a unique way to ensure that you have all of the necessary funds on hand to run a legitimate business even if you have not been paid by your business customer.

Factoring

Our professional and experienced company has helped businesses and medical institutions streamline their accounts receivable processes. Rather than having to wait for the money to come in, we help our clients get their money in a most efficient manner. As a bonus, when we work together, you may actually save money in the long run.

Many people are not familiar with factoring service programs. These programs allow for businesses to sell their accounts receivable through a company like ours. What this does is give you the cash you need instead of waiting for the account to be paid in full. Generally, we can guarantee 70-90% of what is owed to you. This program is not based on your credit worthiness or credit line, but rather on the credit worthiness of your client or customer.

Our program is:

  • The sale of your accounts receivable account
  • An alternative to other financing methods
  • Not charged as a debit on your balance sheet
  • Designed to work with all businesses, yet we are also experienced in working specifically with the health care industry

For many businesses, including those in the healthcare and medical fields, cash flow is crucial. By using our program, you can immediately increase the amount of cash that is going into your bank account without the added hassle of having to take out a loan. In the end, you are simply being paid faster for the billings that you have already provided services for. As soon as you issue the invoice, you can receive cash instead of waiting for 30, 60, 90, even 120 days to be paid.

To better serve our clients and customers, we have streamlined our application process. By answering a few basic questions on our online application form, we can begin the process of helping you see faster payments in your billing system. Once we receive your application, one of our trained staff will contact you and you will have the opportunity to ask any questions that you may still have. 1 st Trust Factoring is here to help you and we want to make the entire process as simple and as efficient as possible. Visit us today at www.1sttrustfactoring.com.


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